XML 13 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jul. 02, 2016
Jul. 04, 2015
Jul. 02, 2016
Jul. 04, 2015
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) [Abstract]        
Net sales $ 36,883,312 $ 37,037,697 $ 69,984,969 $ 73,914,539
Cost of products sold (28,281,709) (29,125,536) (54,962,920) (58,667,200)
Gross margin 8,601,603 7,912,161 15,022,049 15,247,339
Selling and administrative expenses (5,495,735) (7,056,139) (10,955,317) (13,019,834)
Operating profit 3,105,868 856,022 4,066,732 2,227,505
Interest expense (32,384) (47,745) (68,669) (100,570)
Other income 5,144 19,960 26,518 26,967
Income before income taxes 3,078,628 828,237 4,024,581 2,153,902
Income taxes 990,791 243,643 1,288,671 695,357
Net income $ 2,087,837 $ 584,594 $ 2,735,910 $ 1,458,545
Earnings per Share:        
Basic (in dollars per share) $ 0.33 $ 0.09 $ 0.44 $ 0.23
Diluted (in dollars per share) 0.33 0.09 0.44 0.23
Cash dividends per share: (in dollars per share) $ 0.11 $ 0.11 $ 0.22 $ 0.22