v2.4.0.6
CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Net sales $ 83,108 $ 79,473 $ 221,739 $ 215,120
Cost of sales 51,529 49,027 137,763 133,765
Gross earnings 31,579 30,446 83,976 81,355
Selling and administrative expenses 22,993 22,338 67,022 64,012
Earnings from operations 8,586 8,108 16,954 17,343
Interest income 346 438 1,144 1,404
Interest expense (75) (143) (314) (388)
Other income and expense, net (123) 10 (750) (55)
Earnings before provision for income taxes 8,734 8,413 17,034 18,304
Provision for income taxes 3,133 2,961 6,043 6,245
Net earnings 5,601 5,452 10,991 12,059
Net earnings attributable to noncontrolling interest 209 260 194 779
Net earnings attributable to Weyco Group, Inc. 5,392 5,192 10,797 11,280
Weighted average shares outstanding        
Basic (in shares) 10,786 10,827 10,770 10,860
Diluted (in shares) 10,873 10,911 10,840 10,974
Earnings per share        
Basic (in dollars per share) $ 0.50 $ 0.48 $ 1.00 $ 1.04
Diluted (in dollars per share) $ 0.50 $ 0.48 $ 1.00 $ 1.03
Cash dividends declared (per share) (in dollars per share) $ 0.18 $ 0.17 $ 0.36 $ 0.50
Comprehensive income 6,340 6,058 10,204 13,036
Comprehensive income (loss) attributable to noncontrolling interest 268 323 (412) 1,119
Comprehensive income attributable to Weyco Group, Inc. $ 6,072 $ 5,735 $ 10,616 $ 11,917