CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Jul. 02, 2016	Jan. 02, 2016
Current Assets
Cash and cash equivalents	$ 20,246,083	$ 17,814,986
Accounts receivable, less allowances: $448,000 - 2016; $450,000 - 2015	19,626,374	17,502,445
Inventories, net	33,983,325	36,842,413
Prepaid expenses and other assets	1,810,142	2,122,215
Deferred income taxes	986,167	986,167
Total Current Assets	76,652,091	75,268,226
Property, Plant and Equipment	64,459,734	63,438,241
Accumulated depreciation	(38,227,179)	(36,636,775)
Net Property, Plant and Equipment	26,232,555	26,801,466
Goodwill	14,850,960	14,790,793
Trademarks	163,561	164,957
Patents, technology and other intangibles net of accumulated amortization	1,950,747	2,113,576
Deferred income taxes	3,087,622	2,599,541
Total Other Assets	20,052,890	19,668,867
TOTAL ASSETS	122,937,536	121,738,559
Current Liabilities
Accounts payable	9,044,639	9,109,394
Accrued compensation	2,002,119	2,873,871
Other accrued expenses	1,660,070	1,751,052
Current portion of long-term debt	1,071,429	1,428,571
Total Current Liabilities	13,778,257	15,162,888
Other long-term liabilities	286,920	286,920
Long-term debt, less current portion	1,071,428	1,785,714
Accrued postretirement benefits	775,625	793,055
Accrued pension cost	27,153,446	24,304,926
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: 8,947,094 shares in 2016 and 8,942,461 shares in 2015	29,071,611	28,997,050
Treasury Stock: 2,694,729 shares in 2016 and 2015	(19,105,723)	(19,105,723)
Retained earnings	91,957,806	90,597,041
Accumulated other comprehensive income (loss):
Foreign currency translation	(1,233,964)	(1,154,098)
Unrecognized net pension and postretirement benefit costs, net of tax	(20,817,870)	(19,929,214)
Accumulated other comprehensive loss	(22,051,834)	(21,083,312)
Total Shareholders' Equity	79,871,860	79,405,056
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 122,937,536	$ 121,738,559