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Consolidated Balance Sheets (USD $)
Dec. 28, 2013
Dec. 29, 2012
Current Assets    
Cash and cash equivalents $ 19,988,361 $ 18,482,144
Accounts receivable, less allowances of $410,000 in 2013 and $487,000 in 2012 16,284,603 18,368,774
Inventories:    
Raw materials and component parts 8,256,977 8,473,007
Work in process 4,925,001 6,160,578
Finished goods 17,475,634 14,751,195
Inventories 30,657,612 29,384,780
Prepaid expenses and other assets 3,244,686 3,365,904
Recoverable income taxes receivable 0 1,158,632
Deferred income taxes 818,662 1,064,202
Total Current Assets 70,993,924 71,824,436
Property, Plant and Equipment    
Land 1,161,343 1,152,970
Buildings 15,736,794 14,490,407
Machinery and equipment 44,951,717 42,486,647
Accumulated depreciation (34,458,096) (32,469,281)
Net Property, Plant and Equipment 27,391,758 25,660,743
Other Assets    
Goodwill 13,842,047 13,933,599
Trademarks 173,177 170,512
Patents, technology and other intangibles net of accumulated amortization 1,457,503 1,653,957
Deferred income taxes 0 2,610,903
Total Other Assets 15,472,727 18,368,971
TOTAL ASSETS 113,858,409 115,854,150
Current Liabilities    
Accounts payable 7,302,368 7,607,658
Accrued compensation 3,007,169 3,453,709
Other accrued expenses 1,519,338 2,414,135
Current portion of long-term debt 1,785,714 1,428,571
Total Current Liabilities 13,614,589 14,904,073
Deferred income taxes 1,111,755 0
Other long-term liabilities 248,417 607,463
Long-term debt, less current portion 4,285,714 6,071,428
Accrued postretirement benefits 2,232,872 2,507,726
Accrued pension cost 10,860,211 20,181,361
Commitments and contingencies (See Note 3)      
Shareholders' Equity    
Voting Preferred Stock, no par value: Authorized and unissued: 1,000,000 shares      
Nonvoting Preferred Stock, no par value: Authorized and unissued: 1,000,000 shares      
Common Stock, no par value: Authorized: 50,000,000 shares Issued: 8,916,897 shares in 2013 and 8,914,478 shares in 2012 28,621,582 28,585,498
Treasury Stock: 2,694,729 shares in 2013 and 2012 (19,105,723) (19,105,723)
Retained earnings 83,006,671 78,717,589
Accumulated other comprehensive income (loss):    
Foreign currency translation 1,983,506 2,640,478
Unrecognized net pension and postretirement benefit costs, net of taxes (13,001,185) (19,255,743)
Accumulated other comprehensive loss (11,017,679) (16,615,265)
Total Shareholders' Equity 81,504,851 71,582,099
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 113,858,409 $ 115,854,150