XML 32 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Consolidated Statements of Operations [Abstract]      
Net sales $ 13,386,336 $ 12,099,012 $ 12,515,433
Cost of products sold 9,237,001 7,700,847 8,598,486
Gross profit 4,149,335 4,398,165 3,916,947
Selling, administrative and general expenses 4,119,981 4,242,855 3,873,415
Restructuring charge     296,118
Pension settlement charge     186,069
Total operating expenses 4,119,981 4,242,855 4,355,602
Total operating income (loss) 29,354 155,310 (438,655)
Interest income (expense) (47)   36
Loss on sale of property, plant and equipment     (14,299)
Other income - net 120,033 61,087 89,946
Interest expense (68,733) (16,232) (255,973)
Net income (loss) before income taxes 80,607 200,165 (618,945)
Income tax expense (benefit) 43,516 131,796 (196,339)
Net income (loss) $ 37,091 $ 68,369 $ (422,606)
Weighted average common shares:      
Basic 1,655,805 1,605,769 1,572,511
Diluted 1,655,805 1,605,769 1,572,511
Income (loss) per share of common stock:      
Basic $ 0.02 $ 0.04 $ (0.27)
Diluted $ 0.02 $ 0.04 $ (0.27)
Dividends per share of common stock $ 0 $ 0 $ 0