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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 48,833,409 $ 61,439,929 $ 114,159,025 $ 122,323,077
Cost of products sold (38,076,590) (46,430,039) (88,308,972) (93,504,144)
Gross margin 10,756,819 15,009,890 25,850,053 28,818,933
Product development expense (756,171) (2,174,803) (1,531,615) (4,414,579)
Selling and administrative expenses (7,960,307) (8,076,501) (17,858,438) (16,474,766)
Goodwill impairment loss (4,002,548)   (4,002,548) 0
Restructuring costs (280,000) (1,799,293) (280,000) (2,635,987)
Operating profit (loss) (2,242,207) 2,959,293 2,177,452 5,293,601
Interest expense (606,553) (261,618) (1,434,217) (554,158)
Other income 416,917 586,823 603,322 600,748
Income (loss) before income taxes (2,431,843) 3,284,498 1,346,557 5,340,191
Income taxes (543,061) 754,725 339,521 1,239,458
Net income (loss) $ (1,888,782) $ 2,529,773 $ 1,007,036 $ 4,100,733
Earnings (loss) per Share:        
Basic $ (0.30) $ 0.41 $ 0.16 $ 0.66
Diluted (0.30) 0.40 0.16 0.65
Cash dividends per share: $ 0.11 $ 0.11 $ 0.22 $ 0.22