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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Jan. 02, 2016
Operating Activities      
Net income $ 5,045,255 $ 7,785,323 $ 5,727,043
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 4,719,185 3,814,393 3,921,438
Unrecognized pension & other postretirement benefits 326,706 931,554 1,384,605
Loss on sale of equipment and other assets (369,128) 73,309 49,796
Provision for doubtful accounts 55,284 120,252 9,459
Deferred taxes 1,198,020 (403,002) (240,071)
Issuance of stock compensation 354,501 149,572 64,992
Changes in operating assets and liabilities:      
Accounts receivable (2,574,823) (1,062,654) (852,168)
Inventories 152,130 2,514,371 (3,095,801)
Prepaid expenses (1,709,241) 217,389 483,178
Recoverable tax receivables 0 0 380,000
Other assets 709,757 (84,626) (106,081)
Accounts payable 892,439 (1,755,159) 1,182,124
Accrued compensation 911,572 261,231 28,426
Other accrued expenses 1,468,525 (146,713) 196,489
Net cash provided by operating activities 11,180,182 12,415,240 9,133,429
Investing Activities      
Purchases of property, plant and equipment (2,762,949) (2,863,470) (2,538,236)
Proceeds from sale of equipment and other assets 44,100 8,350 25,000
Business acquisitions (40,078,000) 0 0
Net cash used in investing activities (42,796,849) (2,855,120) (2,513,236)
Financing Activities      
Principal payments on long-term debt (2,560,714) (1,428,571) (1,071,428)
Proceeds from issuance of long-term debt and note 31,000,000 0 0
Proceeds from short-term borrowing (Revolver) 6,614,611 0 0
Payments on revolving credit note (1,614,611) 0 0
Dividends paid (2,754,568) (2,751,148) (2,810,669)
Net cash used in financing activities 30,684,718 (4,179,719) (3,882,097)
Effect of exchange rate changes on cash 482,049 (470,011) (757,554)
Net change in cash and cash equivalents (449,899) 4,910,390 1,980,542
Cash and cash equivalents at beginning of year 22,725,376 17,814,986 15,834,444
Cash and cash equivalents at end of year $ 22,275,477 $ 22,725,376 $ 17,814,986