XML 12 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements of Income (Unaudited) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Consolidated Statements of Income [Abstract]    
Net sales$ 52,092,000$ 49,141,000$ 160,952,000$ 139,064,000
Cost and expenses:    
Cost of products sold36,011,00033,120,000108,720,00093,842,000
Engineering and product development3,447,0003,386,0009,933,0009,567,000
Selling, general and administrative8,440,0008,756,00025,908,00024,697,000
Depreciation and amortization656,000709,0002,200,0002,281,000
Total cost and expenses48,554,00045,971,000146,761,000130,387,000
Income from operations3,538,0003,170,00014,191,0008,677,000
Other income (expense):    
Amortization of deferred financing costs(32,000)(61,000)(185,000)(182,000)
Fire related (loss) gain, net (1,000)277,000(109,000)
Interest income 1,0001,0002,000
Interest expense(33,000)(7,000)(171,000)(49,000)
Income from continuing operations before income taxes3,473,0003,102,00014,113,0008,339,000
Income tax provision936,000777,0004,358,0002,675,000
Income from continuing operations2,537,0002,325,0009,755,0005,664,000
(Loss) income from discontinued operations, net of tax(261,000)(267,000)142,000(1,466,000)
Net income$ 2,276,000$ 2,058,000$ 9,897,000$ 4,198,000
Basic net income (loss) per common share    
Income from continuing operations$ 0.56$ 0.38$ 2.16$ 0.93
(Loss) income from discontinued operations, net of tax$ (0.06)$ (0.04)$ 0.03$ (0.24)
Net income$ 0.50$ 0.34$ 2.19$ 0.69
Diluted net income (loss) per common share    
Income from continuing operations$ 0.55$ 0.38$ 2.14$ 0.93
(Loss) income from discontinued operations, net of tax$ (0.05)$ (0.04)$ 0.03$ (0.24)
Net income$ 0.50$ 0.34$ 2.17$ 0.69
Shares used in computing basic net income (loss) per common share4,556,0006,043,0004,524,0006,065,000
Shares used in computing diluted net income (loss) per common share4,591,0006,079,0004,570,0006,100,000