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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows related to operating activities:    
Net income $ 975 $ 320
Adjustments to reconcile net income to net cash generated in operating activities -    
Depreciation and amortization 640 660
Loss on disposal of QCC and AMP, net of income tax benefit   680
Deferred income taxes (benefit) 41 (73)
Stock based compensation 255  
(Decrease) increase in inventory reserve (64) 91
(Decrease) increase in allowance for doubtful accounts (8) 29
Gain on disposal of property and equipment (22) (9)
Change in assets and liabilities:    
Accounts receivable (124) 1,144
Inventories (652) (1,109)
Prepaid income taxes 98 277
Other assets (5) 183
Other non-current assets   (31)
Accounts payable 165 (400)
Accrued employee compensation and benefit costs 279 (75)
Other accrued liabilities (92) (93)
Employee stock ownership trust payment 100 101
Net cash generated in operating activities 1,586 1,695
Cash flows related to investing activities:    
Capital expenditures - property, plant and equipment (1,563) (885)
Proceeds from the sale of Queen Cutlery assets   650
Proceeds from the sale of assets 43  
Net cash used in investing activities (1,520) (235)
Cash flows related to financing activities:    
Principal payments on long-term debt (194) (202)
Proceeds from exercise of stock options 70 234
Principal payments on capital lease related party   (41)
Purchase of treasury shares (607) (110)
Cash dividend (406) (716)
Net cash used in financing activities (1,137) (835)
Net (decrease) increase in cash and cash equivalents (1,071) 625
Cash and cash equivalents at beginning of year 5,573 4,948
Cash and cash equivalents at end of year $ 4,502 $ 5,573