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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME    
Revenues $ 125,502 $ 101,968
Cost of goods sold 88,980 72,328
Gross margin 36,522 29,640
Operating costs and expenses:    
Selling 5,513 5,093
General and administrative 13,048 10,643
Engineering and development 7,931 6,060
Business development 1,913 24
Relocation 234  
Amortization of intangible assets 825 548
Total operating costs and expenses 29,464 22,368
Operating income 7,058 7,272
Other expense (income):    
Interest expense 1,445 13
Other expense (income), net (168) (239)
Total other expense (income) , net 1,277 (226)
Income before income taxes 5,781 7,498
Provision for income taxes (1,828) (2,101)
Net income 3,953 5,397
Foreign currency translation adjustment 652 624
Change in accumulated income (loss) on derivatives 41  
Pension adjustments 854 [1] (331) [1]
Comprehensive income $ 5,500 $ 5,690
Basic earnings per share:    
Earnings per share (in dollars per share) $ 0.45 $ 0.63
Basic weighted average common shares (in shares) 8,833 8,616
Diluted earnings per share:    
Earnings per share (in dollars per share) $ 0.45 $ 0.63
Diluted weighted average common shares (in shares) 8,840 8,616
[1] Net of tax of $480 and $(185) for the periods ending December 31, 2013 and 2012, respectively.