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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Income Statement [Abstract]        
NET SALES $ 14,108 $ 10,489 $ 26,916 $ 20,074
Cost of sales 10,441 8,183 20,059 15,677
GROSS MARGIN 3,667 2,306 6,857 4,397
Technical services and research and development 101 66 183 132
Selling, general and administrative expenses 1,359 1,065 2,583 2,224
OPERATING INCOME 2,207 1,175 4,091 2,041
OTHER EXPENSE:        
Interest expense (112) (101) (254) (197)
Gain (loss) on foreign currency exchange rate (20) (9) 3 (57)
Other, net 1 7 1 7
INCOME BEFORE INCOME TAX 2,076 1,072 3,841 1,794
Income tax expense 517 91 886 138
NET INCOME 1,559 981 2,955 1,656
Less: Preferred Stock Dividends          15
Basic Income Available to Common Shareholders 1,559 981 2,955 1,641
Plus: 6% Convertible Debenture Interest Expense 14 22 36 44
Plus: Preferred Stock Dividends       15
Diluted Income Available to Common Shareholders $ 1,573 $ 1,003 $ 2,991 $ 1,700
Income per common share:        
Basic (in dollars per share) $ 0.56 $ 0.47 $ 1.14 $ 0.81
Diluted (in dollars per share) $ 0.45 $ 0.30 $ 0.87 $ 0.53
Weighted average common shares outstanding:        
Basic (in shares) 2,769 2,091 2,585 2,017
Diluted (in shares) 3,462 3,293 3,451 3,216