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Condensed Consolidated Balance Sheets - USD ($)
Apr. 02, 2022
Jan. 01, 2022
Current Assets    
Cash And Cash Equivalents $ 5,073,524 $ 6,168,304
Accounts Receivable, Less Allowances: 2022 - $532,000; 2021 - $515,000 46,965,504 43,151,500
Inventories 67,777,718 62,862,342
Current Portion Of Notes Receivable 1,027,125 1,027,125
Prepaid Expenses And Other Assets 7,831,437 6,943,691
Current Assets Held For Sale 4,671,915 3,521,899
Total Current Assets 133,347,223 123,674,861
Property, Plant And Equipment 55,234,222 56,935,080
Accumulated Depreciation (28,641,459) (28,631,329)
Property, Plant And Equipment, Net 26,592,763 28,303,751
Goodwill 72,225,885 72,211,873
Trademarks 5,484,923 5,409,720
Patents And Other Intangibles Net Of Accumulated Amortization 21,865,328 22,863,497
Long Term Notes Receivable, Less Current Portion 2,551,478 2,726,698
Right Of Use Assets 11,430,632 11,138,535
Total Other Assets 113,558,246 114,350,323
Total Assets 273,498,232 266,328,935
Current Liabilities    
Accounts Payable 33,654,638 29,633,974
Accrued Compensation 2,584,565 4,375,867
Other Accrued Expenses 2,481,396 4,808,000
Current Portion Of Lease Liability 2,715,550 2,664,895
Current Portion Of Long-term Debt 7,500,000 7,500,000
Current Liabilities Held For Sale 1,226,417 580,990
Total Current Liabilities 50,162,566 49,563,726
Deferred Income Taxes 1,151,759 1,151,759
Other Long-term Liabilities 668,354 668,354
Lease Liability 8,815,587 8,639,339
Long-term Debt, Less Current Portion 66,960,231 63,813,522
Accrued Other Postretirement Benefits 1,299,767 1,284,589
Accrued Pension Cost 26,580,732 26,605,382
Total Liabilities 155,638,996 151,726,671
Common Stock, No Par Value, Authorized: 50,000,000 Shares 32,841,476 32,620,008
Treasury Stock: 2,794,563 Shares In 2022 And 2,764,325 Shares In 2021 (21,674,502) (20,907,613)
Retained Earnings 131,652,818 129,422,625
Accumulated Other Comprehensive Income (loss):    
Foreign Currency Translation 1,020,727 818,446
Unrealized Gain (loss) On Interest Rate Swap, Net Of Tax 700,523 (355,988)
Unrecognized Net Pension And Postretirement Benefit Costs, Net Of Tax (26,681,806) (26,995,214)
Accumulated Other Comprehensive Loss (24,960,556) (26,532,756)
Total Shareholders' Equity 117,859,236 114,602,264
Total Liabilities And Shareholders' Equity $ 273,498,232 $ 266,328,935