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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2022
Jan. 01, 2022
Consolidated Statements of Income    
Net sales $ 279,265,146 $ 246,522,823
Cost of products sold (220,648,900) (189,756,610)
Gross margin 58,616,246 56,766,213
Product development expense (4,241,211) (4,101,399)
Selling and administrative expenses (39,508,849) (35,218,028)
Restructuring costs (699,868) 0
Operating profit 14,166,318 17,446,786
Interest expense (2,275,612) (1,747,723)
Other income 2,512,211 3,371,497
Income from continuing operations before income taxes 14,402,917 19,070,560
Income taxes (3,352,456) (2,888,217)
Net income from continuing operations 11,050,461 16,182,343
Discontinued Operations (see note 2)    
Gain from operations of discontinued units 1,360,773 2,870,588
Gain (loss) on sale of businesses 305,539 (11,807,512)
Income tax (expense) benefit (414,855) 2,103,752
Net gain (loss) on discontinued operations 1,251,457 (6,833,172)
Net Income $ 12,301,918 $ 9,349,171
Earnings per share from continuing operations:    
Basic $ 1.78 $ 2.58
Diluted 1.77 2.58
Gain (loss) per share from discontinued operations:    
Basic 0.20 (1.09)
Diluted 0.20 (1.09)
Total earnings per share:    
Basic 1.98 1.49
Diluted 1.97 1.49
Cash dividends per share: $ 0.44 $ 0.44