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 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net sales $ 65,041 $ 60,333 $ 138,631 $ 135,647
Cost of sales 40,343 37,455 86,234 84,738
Gross earnings 24,698 22,878 52,397 50,909
Selling and administrative expenses 21,018 19,476 44,029 41,674
Earnings from operations 3,680 3,402 8,368 9,235
Interest income 386 483 798 966
Interest expense (112) (116) (239) (245)
Other expense, net (538) (123) (627) (65)
Earnings before provision for income taxes 3,416 3,646 8,300 9,891
Provision for income taxes 1,151 1,094 2,910 3,284
Net earnings 2,265 2,552 5,390 6,607
Net earnings (loss) attributable to noncontrolling interest 60 333 (15) 519
Net earnings attributable to Weyco Group, Inc. 2,205 2,219 5,405 6,088
Weighted average shares outstanding        
Basic (in shares) 10,763 10,865 10,762 10,877
Diluted (in shares) 10,813 10,982 10,824 11,005
Earnings per share        
Basic (in dollars per share) $ 0.20 $ 0.20 $ 0.50 $ 0.56
Diluted (in dollars per share) $ 0.20 $ 0.20 $ 0.50 $ 0.55
Cash dividends declared (per share) (in dollars per share) $ 0.18 $ 0.17 $ 0.18 $ 0.33
Comprehensive income 982 2,088 3,864 6,978
Comprehensive (loss) income attributable to noncontrolling interest (533) 151 (680) 796
Comprehensive income attributable to Weyco Group, Inc. $ 1,515 $ 1,937 $ 4,544 $ 6,182