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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows related to operating activities:    
Net income $ 1,039 $ 225
Adjustments to reconcile net income to net cash generated in operating activities:    
Depreciation and amortization 460 484
Loss on disposal of QCC and AMP, net of income tax benefit    530
Stock based compensation 165  
(Decrease) increase in inventory reserve (45) 59
(Decrease) increase in allowance for doubtful accounts (27) 33
Gain on disposal of property and equipment (22) (9)
Change in assets and liabilities:    
Accounts receivable (553) 636
Inventories (675) (1,106)
Prepaid income taxes 389 101
Other assets (257) (222)
Other non-current assets 14 (24)
Accounts payable 412 (446)
Accrued employee compensation and benefit costs 443 196
Other accrued liabilities (114) 152
Net cash generated from operating activities 1,229 609
Cash flows related to investing activities:    
Capital expenditures - property, plant and equipment (1,124) (394)
Proceeds from the sale of Queen Cutlery   640
Proceeds from sale of assets 43  
Net cash (used) generated from investing activities (1,081) 246
Cash flows related to financing activities:    
Principal payments on long-term debt (16) (29)
Proceeds from exercise of stock options 70 234
Principal payments on capital lease related party   (41)
Purchase of treasury shares (371) (62)
Cash dividend (406) (358)
Net cash used in financing activities (723) (256)
Net (decrease) increase in cash and cash equivalents (575) 599
Cash and cash equivalents at beginning of period 5,573 4,948
Cash and cash equivalents at end of period $ 4,998 $ 5,547