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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 61,247,592 $ 39,507,800 $ 123,021,025 $ 91,353,901
Cost of products sold (47,270,990) (29,188,182) (93,535,153) (68,111,738)
Gross margin 13,976,602 10,319,618 29,485,872 23,242,163
Product development expense (1,088,380) (917,513) (2,105,942) (1,839,464)
Selling and administrative expenses (9,375,537) (6,545,525) (18,319,931) (14,752,316)
Operating profit 3,512,685 2,856,580 9,059,999 6,650,383
Interest expense (434,147) (454,915) (961,291) (1,075,663)
Other income 525,124 303,741 2,951,873 603,322
Income from continuing operations before income taxes 3,603,662 2,705,406 11,050,581 6,178,042
Income taxes (848,302) (624,949) (2,601,424) (1,455,033)
Net income from continuing operations 2,755,360 2,080,457 8,449,157 4,723,009
Discontinued Operations (see note B )        
Gain (loss) from operations of discontinued units 1,128,286 (5,137,249) 1,339,467 (4,831,485)
Loss on classification as held for sale (10,583,078) 0 (10,583,078) 0
Income tax benefit 2,225,658 1,168,011 2,175,946 1,115,512
Loss on discontinued operations (7,229,134) (3,969,238) (7,067,665) (3,715,973)
Net (loss) income $ (4,473,774) $ (1,888,781) $ 1,381,491 $ 1,007,036
Earnings per share from continuing operations:        
Basic $ 0.44 $ 0.33 $ 1.35 $ 0.76
Diluted 0.44 0.33 1.35 0.76
Basic (1.15) (0.64) (1.13) (0.60)
Diluted (1.15) (0.64) (1.13) (0.60)
Total (loss) earnings per share:        
Basic (0.71) (0.30) 0.22 0.16
Diluted (0.71) (0.30) 0.22 0.16
Cash dividends per share: $ 0.11 $ 0.11 $ 0.22 $ 0.22