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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows related to operating activities:    
Net income $ 320 $ 2,626
Adjustments to reconcile net income to net cash generated in operating activities -    
Depreciation and amortization 660 686
Loss on disposal of QCC and AMP, net of income tax benefit 680   
Deferred income taxes (benefit) (73) (206)
Increase in inventory reserve 91 122
Increase in allowance for doubtful accounts 29 16
Gain on disposal of property and equipment (9)  
Change in assets and liabilities:    
Accounts receivable 1,144 (620)
Inventories (1,109) (697)
Prepaid income taxes 277 376
Other assets 183 (168)
Other non-current assets (31) (54)
Accounts payable (400) 204
Accrued employee compensation and benefit costs (75) 119
Other accrued liabilities (93) 97
Employee stock ownership trust payment 101 101
Net cash generated in operating activities 1,695 2,602
Cash flows related to investing activities:    
Capital expenditures - property, plant and equipment (885) (608)
Proceeds from the sale of Queen Cutlery assets 650  
Net cash used in investing activities (235) (608)
Cash flows related to financing activities:    
Principal payments on long-term debt (202) (323)
Proceeds from exercise of stock options 234 110
Principal payments on capital lease related party (41) (81)
Purchase of treasury shares (110)  
Cash dividend (716) (682)
Purchase of stock options   (517)
Net cash used in financing activities (835) (1,493)
Net increase in cash and cash equivalents 625 501
Cash and cash equivalents at beginning of year 4,948 4,447
Cash and cash equivalents at end of year $ 5,573 $ 4,948