| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Net Sales | |||||||||
111,360 | 108,313 | 101,799 | 94,051 | 93,278 | 85,219 | 77,122 | 64,016 | 54,193 | 46,875 |
Cost of Goods Sold | |||||||||
40,873 | 42,217 | 40,033 | 36,167 | 36,132 | 35,193 | 35,229 | 31,086 | 26,476 | 22,573 |
Gross Profit | |||||||||
70,487 | 66,096 | 61,766 | 57,884 | 57,146 | 50,026 | 41,893 | 32,930 | 27,717 | 24,302 |
Selling Expense | |||||||||
19,032 | 17,117 | 16,359 | 15,694 | 15,252 | 14,109 | 12,954 | 12,256 | 10,874 | 8,855 |
General and Administrative Expense | |||||||||
24,818 | 17,800 | 17,897 | 17,108 | 15,707 | 12,351 | 11,133 | 12,030 | 7,666 | 6,378 |
Insurance Legal Recovery | |||||||||
- | - | - | - | - | - | - | 4,700 | - | - |
Engineering Expense | |||||||||
4,715 | 4,813 | 3,293 | 3,185 | 2,684 | 2,921 | 2,758 | 2,597 | 2,468 | - |
Operating Profit | |||||||||
21,922 | 26,366 | 24,217 | 21,897 | 23,503 | 20,645 | 15,048 | 10,747 | 6,709 | 6,748 |
Interest Income | |||||||||
876 | 488 | 117 | 98 | 73 | 36 | 9 | 25 | 8 | -25 |
Other Income (Loss) | |||||||||
56 | -126 | -38 | -474 | 12 | 82 | -74 | 93 | 24 | -5 |
Income Before Income Taxes | |||||||||
22,854 | 26,728 | 24,296 | 21,521 | 23,564 | 20,599 | 14,983 | 10,865 | 6,741 | 6,718 |
Income Tax Expense | |||||||||
5,429 | 6,451 | 8,450 | 6,975 | 7,603 | -6,994 | 4,891 | 4,046 | 2,107 | 2,169 |
Net Income | |||||||||
17,425 | 20,277 | 15,846 | 14,546 | 15,961 | 13,605 | 10,092 | 6,819 | 4,634 | 4,549 |
Less: Net Income attributable to the Noncontrolling Interest, Net of Tax | |||||||||
139 | 138 | 184 | 169 | 173 | 143 | 55 | -57 | -13 | -17 |
Net Income attributable to Omega Flex, Inc. | |||||||||
17,286 | 20,139 | 15,662 | 14,377 | 15,788 | 13,462 | 10,037 | 6,876 | 4,647 | 4,566 |
Basic and Diluted Earnings per Common Share | |||||||||
1.71 | 2.00 | 1.55 | 1.42 | 1.56 | 1.33 | 0.99 | 0.68 | - | - |
Cash Dividends Declared per Common Share | |||||||||
4.58 | 0.94 | 0.66 | 0.85 | 0.85 | - | - | - | - | - |
Basic and Diluted Weighted-Average Shares Outstanding | |||||||||
10 | 10 | 10 | 10,092 | 10,092 | 10 | - | - | - | - |
Basic Earnings | |||||||||
- | - | - | - | - | - | - | - | 0.46 | 0.45 |
Basic Weighted-Average Shares Outstanding | |||||||||
- | - | - | - | - | - | - | - | 10 | 10,092 |
Diluted Earnings | |||||||||
- | - | - | - | - | - | - | - | 0.46 | 0.45 |
Diluted Weighted-Average Shares Outstanding | |||||||||
- | - | - | - | - | - | - | - | 10 | 10,092 |