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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 7,235,000 $ 4,640,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,902,000 2,717,000
Interest rate swaps - Mark-to-market and amortization of losses (14,000) (25,000)
Share-based compensation 422,000 304,000
(Gain) loss on foreign currency translation and transaction 30,000 17,000
Change in operating assets and liabilities:    
Accounts receivable 608,000 (6,357,000)
Inventories (496,000) (92,000)
Prepaid and other assets 835,000 (492,000)
Accounts payable 1,546,000 119,000
Increase (Decrease) in Income Taxes Receivable 2,285,000 327,000
Accrued and other liabilities (6,900,000) 408,000
Post retirement benefits liability (250,000) (438,000)
Net cash provided by operating activities 8,203,000 1,128,000
Cash flows from investing activities:    
Purchase of property, plant and equipment (2,408,000) (7,480,000)
Business Combination, Purchase Price Allocated (14,512,000) 0
Net cash used in investing activities (16,920,000) (7,480,000)
Cash flows from financing activities:    
Gross repayments on revolving line of credit (10,102,000) (26,212,000)
Gross borrowings on revolving line of credit 7,334,000 33,824,000
Payment of principal on Mexican loan 0 (1,600,000)
Payments of principal on capex loan (857,000) (857,000)
Excess tax benefit from equity plans 122,000 272,000
Payments related to purchase of treasury stock (244,000) (150,000)
Proceeds from issuance of common stock (19,000) (287,000)
Net cash used in financing activities 10,522,000 5,564,000
Net change in cash and cash equivalents 1,805,000 (788,000)
Cash and cash equivalents at beginning of period 2,312,000 2,266,000
Cash and cash equivalents at end of period 4,117,000 1,478,000
Cash paid for:    
Interest (net of amounts capitalized) 107,000 46,000
Income taxes 2,090,000 1,409,000
Non Cash:    
Fixed asset purchases in accounts payable 95,000 710,000
Term Loan [Member]    
Cash flows from financing activities:    
Proceeds from (Repayments of) Debt (15,500,000) 0
Repayments of Short-term Debt $ (1,250,000) $ 0