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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows related to operating activities:    
Net income $ 225 $ 2,038
Adjustments to reconcile net income to net cash generated by operating activities -    
Depreciation and amortization 484 498
Loss on disposal of QCC and AMP, net of income tax benefit 530  
Increase in inventory reserve 59 52
Increase in allowance for doubtful accounts 33 3
Gain on disposal of property and equipment (9)  
Change in assets and liabilities:    
Accounts receivable 636 (455)
Inventories (1,106) (757)
Prepaid income taxes 101 382
Other assets (222) (117)
Other non-current assets (24) (29)
Accounts payable (446) 38
Accrued employee compensation and benefit costs 196 179
Other accrued liabilities 152 111
Accrued income taxes   7
Net cash generated in operating activities 609 1,950
Cash flows related to investing activities:    
Capital expenditures - property, plant and equipment (394) (435)
Proceeds from the sale of Queen Cutlery 640  
Net cash generated (used) in investing activities 246 (435)
Cash flows related to financing activities:    
Principal payments on long-term debt (29) (115)
Proceeds from exercise of stock options 234  
Principal payments on capital lease related party (41) (60)
Purchase of treasury shares (62)  
Cash dividend (358) (336)
Purchase of stock options   (517)
Net cash used in financing activities (256) (1,028)
Net increase in cash and cash equivalents 599 487
Cash and cash equivalents at beginning of period 4,948 4,447
Cash and cash equivalents at end of period $ 5,547 $ 4,934