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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Apr. 04, 2021
Mar. 29, 2020
Cash flows from operating activities:    
Net earnings $ 8,993,000 $ 8,222,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for depreciation 677,000 694,000
Intangibles amortization 54,000 60,000
Non-cash retirement plan expense 206,000 0
Other 211,000 400,000
Changes in operating accounts:    
Accounts receivable, net 5,550,000 (2,225,000)
Inventories (5,622,000) (1,703,000)
Other assets and current assets 530,000 (1,501,000)
Accounts payable and accrued liabilities (6,228,000) 4,703,000
Federal and state income taxes 2,428,000 1,934,000
Net cash provided by operating activities 6,799,000 10,584,000
Cash flows from investing activities:    
Marketable securities purchased 0 (14,211,000)
Marketable securities - maturities and sales 16,951,000 9,111,000
Purchase of property, plant and equipment (1,124,000) (357,000)
Net cash provided by (used in) investing activities 15,827,000 (5,457,000)
Cash flows from financing activities:    
Dividends paid (44,083,000) (42,172,000)
Proceeds from sale of treasury stock 572,000 528,000
Other (30,000) (27,000)
Net cash used in financing activities (43,541,000) (41,671,000)
Net decrease in cash and cash equivalents (20,915,000) (36,544,000)
Cash and cash equivalents at beginning of period 86,036,000 79,579,000
Cash and cash equivalents at end of period $ 65,121,000 $ 43,035,000