CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Jul. 04, 2015	Jan. 03, 2015
Current Assets
Cash and cash equivalents	$ 13,320,316	$ 15,834,444
Accounts receivable, less allowances: $429,000 - 2015; $414,000 - 2014	19,945,228	17,064,245
Inventories	34,903,196	34,402,197
Prepaid expenses and other assets	2,131,757	2,659,737
Recoverable income taxes receivable	0	380,000
Deferred income taxes	950,024	950,024
Total Current Assets	71,250,521	71,290,647
Property, Plant and Equipment	64,210,404	62,970,497
Accumulated depreciation	(36,325,780)	(34,919,067)
Net Property, Plant and Equipment	27,884,624	28,051,430
Goodwill	14,797,557	14,960,354
Trademarks	168,688	174,662
Patents, technology and other intangibles net of accumulated amortization	2,314,239	2,498,570
Deferred income taxes	3,921,865	4,294,893
Total Other Assets	21,202,349	21,928,479
TOTAL ASSETS	120,337,494	121,270,556
Current Liabilities
Accounts payable	9,327,877	8,256,600
Accrued compensation	1,870,323	2,916,832
Other accrued expenses	691,356	1,201,114
Current portion of long-term debt	1,071,429	1,071,429
Total Current Liabilities	12,960,985	13,445,975
Other long-term liabilities	564,669	564,669
Long-term debt, less current portion	2,500,000	3,214,285
Accrued postretirement benefits	2,992,026	2,905,908
Accrued pension cost	$ 26,182,873	$ 26,164,812
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: 8,939,767 shares in 2015 and 8,938,742 shares in 2014	$ 28,952,017	$ 28,932,058
Treasury Stock: 2,694,729 shares in 2015 and 2014	(19,105,723)	(19,105,723)
Retained earnings	87,765,487	87,680,667
Accumulated other comprehensive income (loss):
Foreign currency translation	233,256	855,179
Unrecognized net pension and postretirement benefit costs, net of tax	(22,708,096)	(23,387,274)
Accumulated other comprehensive loss	(22,474,840)	(22,532,095)
Total Shareholders' Equity	75,136,941	74,974,907
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 120,337,494	$ 121,270,556