Consolidated Balance Sheets - USD ($)	Jan. 01, 2022	Jan. 02, 2021
Current Assets
Cash and cash equivalents	$ 6,168,304	$ 15,320,776
Accounts receivable, less allowances: 2021 - $515,000;2020 - $487,000	43,151,500	31,804,207
Inventories:
Raw materials and component parts	25,113,487	14,713,452
Work in process	9,636,009	4,465,411
Finished goods	28,112,846	23,942,873
Inventory	62,862,342	43,121,736
Current portion of note receivable	1,027,125	398,414
Prepaid expenses and other assets	6,943,691	3,152,721
Current assets held for sale	3,521,899	17,937,918
Total Current Assets	123,674,861	111,735,772
Property, Plant and Equipment
Land	1,292,890	1,298,850
Buildings	16,318,957	17,139,857
Machinery and equipment	39,323,233	38,550,887
Accumulated depreciation	(28,631,329)	(27,965,412)
Property, Plant and Equipment, net	28,303,751	29,024,182
Other Assets
Goodwill	72,211,873	72,219,404
Trademarks	5,409,720	5,404,284
Patents, technology and other intangibles net of accumulated amortization	22,863,497	27,089,071
Long term note receivable, less current portion	2,726,698	1,677,277
Right of Use Assets	11,138,535	12,594,663
Long-term assets held for sale	0	15,783,701
Total Other Assets	114,350,323	134,768,400
TOTAL ASSETS	266,328,935	275,528,354
Current Liabilities
Accounts payable	29,633,974	21,311,618
Accrued compensation	4,375,867	3,474,686
Other accrued expenses	4,808,000	3,362,032
Current portion of lease liability	2,664,895	2,827,392
Current portion of long-term debt	7,500,000	6,437,689
Current liabilities held for sale	580,990	3,252,545
Total Current Liabilities	49,563,726	40,665,962
Deferred income taxes	1,151,759	2,899,074
Other long-term liabilities	668,354	1,144,127
Lease liability	8,639,339	9,806,173
Long-term debt, less current portion	63,813,522	82,255,803
Accrued postretirement benefits	1,284,589	1,185,139
Accrued pension cost	26,605,382	33,188,623
Long-term liabilities held for sale	0	76,995
Total Liabilities	151,726,671	171,221,896
Shareholders' Equity
Common Stock, no par value, Authorized: 50,000,000 shares Issued: 9,029,852 shares in 2021 and 8,996,625 shares in 2020 Outstanding: 6,265,527 shares in 2021 and 6,246,896 shares in 2020	32,620,008	31,501,041
Treasury Stock: 2,765,325 shares in 2021 and 2,749,729 shares in 2020	(20,907,613)	(20,537,963)
Retained earnings	(129,422,625)	(122,840,131)
Accumulated other comprehensive loss:
Foreign currency translation	(818,446)	(953,864)
Unrealized (loss) gain on interest rate swap, net of tax	355,988	1,391,592
Unrecognized net pension and postretirement benefit costs, net of tax	26,995,214	29,059,023
Accumulated other comprehensive loss	(26,532,756)	(29,496,751)
Total Shareholders' Equity	114,602,264	104,306,458
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 266,328,935	$ 275,528,354