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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
3 Months Ended
Mar. 31, 2012
Apr. 02, 2011
Operating Activities    
Net income $ 2,045,608 $ 1,098,174
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 817,557 907,729
Loss on sale of equipment and other assets 14,055 0
Provision for doubtful accounts 37,862 6,228
Issuance of Common Stock for directors' fees 6,154 6,155
Changes in operating assets and liabilities:    
Accounts receivable (1,982,498) (1,793,524)
Inventories (161,271) (651,036)
Prepaid expenses and other (374,207) (425,502)
Prepaid pension cost 186,606 261,201
Recoverable taxes receivable 647,949 0
Other assets (21,003) (16,258)
Accounts payable 300,851 188,895
Accrued compensation (1,102,499) (1,533,351)
Other accrued expenses 1,638,442 477,814
Net cash provided (used) by operating activities 2,053,606 (1,473,475)
Investing Activities    
Purchases of property, plant and equipment (1,537,971) (813,664)
Net cash used in investing activities (1,537,971) (813,664)
Financing Activities    
Principal payments on long-term debt (178,571) (357,143)
Principal payments on revolving credit loan (3,000,000) 0
Proceeds from issuance of long-term debt 5,000,000 0
Proceeds from sales of Common Stock 0 52,590
Tax Benefit from disqualifying disposition of incentive stock options 0 16,453
Dividends paid (621,387) (554,718)
Net cash provided by (used) in financing activities 1,200,042 (842,818)
Effect of exchange rate changes on cash 95,927 (14,268)
Net change in cash and cash equivalents 1,811,604 (3,144,225)
Cash and cash equivalents at beginning of period 11,147,297 12,224,608
Cash and cash equivalents at end of period $ 12,958,901 $ 9,080,383