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Consolidated Statements of Shareholders' Equity - USD ($)
Total
Common Stock
Treasury Stock
Retained Earnings (Accumulated Deficit)
Accumulated other comprehensive loss
Balance, shares at Dec. 29, 2018   8,965,987 (2,734,729)    
Balance, amount at Dec. 29, 2018 $ 96,868,639 $ 29,994,890 $ (20,169,098) $ 109,671,362 $ (22,628,515)
Net income 13,266,142     13,266,142  
Cash dividends declared, $.44 per share (2,748,393)     (2,748,393)  
Currency translation adjustment 68,377       68,377
Change in fair value of interest rate swap 574       574
Change in pension and other postretirement benefit costs, net of tax (2,675,007)       (2,675,007)
Issuance of SARS, shares   151      
Issuance of SARS, amount 397,250 $ 397,250      
Issuance of Common Stock for directors' fees, shares   9,296      
Issuance of Common Stock for directors' fees, amount 259,675 $ 259,675      
Balance, shares at Dec. 28, 2019   8,975,434 (2,734,729)    
Balance, amount at Dec. 28, 2019 105,437,257 $ 30,651,815 $ (20,169,098) 120,189,111 (25,234,571)
Net income 5,405,522     5,405,522  
Cash dividends declared, $.44 per share (2,754,502)     (2,754,502)  
Currency translation adjustment 2,991,816       2,991,816
Change in fair value of interest rate swap (1,558,610)       (1,558,610)
Change in pension and other postretirement benefit costs, net of tax (5,695,386)       (5,695,386)
Issuance of Common Stock for directors' fees, shares   21,191      
Issuance of Common Stock for directors' fees, amount 473,143 $ 473,143      
Treasury stock purchases, shares     (15,000)    
Treasury stock purchases, amount (368,864)   $ (368,864)    
Issuance of SARS 376,083 $ 376,083      
Balance, shares at Jan. 02, 2021   8,996,625 (2,749,729)    
Balance, amount at Jan. 02, 2021 $ 104,306,459 $ 31,501,041 $ (20,537,962) $ 122,840,131 $ (29,496,751)