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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Operating Activities    
Net income $ 6,901,929 $ 4,040,914
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,550,290 2,793,149
Loss on sale of equipment and other assets 17,713 (2,000)
Provision for doubtful accounts 94,315 54,696
Deferred income taxes 18 0
Issuance of Common Stock for directors' fees 18,451 12,301
Changes in operating assets and liabilities:    
Accounts receivable (923,685) (6,213,779)
Inventories 1,058,395 (1,811,220)
Prepaid expenses and other 94,487 (178,772)
Prepaid pension cost (555,684) 40,103
Recoverable taxes receivable 647,949 0
Other assets (86,365) (48,897)
Accounts payable (243,280) 3,542,043
Accrued compensation 62,476 (1,211,652)
Other accrued expenses 1,132,760 633,132
Net cash provided by operating activities 10,769,769 1,650,018
Investing Activities    
Purchases of property, plant and equipment (3,549,674) (2,934,833)
Proceeds from sales of equipment and other assets 19,000 2,000
Net cash used in investing activities (3,530,674) (2,932,833)
Financing Activities    
Principal payments on long-term debt (892,857) (535,714)
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 61,110 447,690
Tax benefit from disqualifying disposition of incentive stock options 0 98,034
Dividends paid (1,864,709) (1,664,966)
Net cash used in financing activities (696,456) (1,654,956)
Effect of exchange rate changes on cash 133,409 46,850
Net change in cash and cash equivalents 6,676,048 (2,890,921)
Cash and cash equivalents at beginning of period 11,147,297 12,224,608
Cash and cash equivalents at end of period $ 17,823,345 $ 9,333,687