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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Net sales $ 68,637,000 $ 102,700,000
Cost of goods sold, excluding depreciation and amortization 43,339,000 52,218,000
Gross profit 25,298,000 50,482,000
Operating expenses:    
Selling, general and administrative 16,554,000 18,171,000
Depreciation and amortization 817,000 729,000
Total operating expenses 17,371,000 18,900,000
Income from operations 7,927,000 31,582,000
Other income (expense):    
Equity in income of unconsolidated affiliate 571,000 710,000
Loss on marketable securities 0 (62,000)
Interest income, net 2,000 18,000
Total other income 573,000 666,000
Income before provision for income taxes 8,500,000 32,248,000
Provision for income taxes 1,744,000 5,360,000
Net income $ 6,756,000 $ 26,888,000
Basic earnings per common share (in dollars per share) $ 0.51 $ 2.00
Diluted earnings per common share (in dollars per share) $ 0.50 $ 1.92
Basic weighted average common shares outstanding (in shares) 13,225,628 13,449,987
Diluted weighted average common shares outstanding (in shares) 13,499,442 13,972,145