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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
OPERATING ACTIVITIES:    
Net income $ 7,933,000 $ 4,817,000
Adjustment for losses from discontinued operations 737,000 902,000
Income from continuing operations 8,670,000 5,719,000
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Depreciation 1,345,000 1,316,000
Amortization 448,000 722,000
Amortization of deferred financing costs 60,000 118,000
Stock-based compensation 446,000 909,000
Excess tax benefit on stock compensation (120,000)  
Loss (gain) on foreign exchange contracts 348,000 (142,000)
Provisions for losses on accounts receivable 38,000 54,000
Deferred compensation and supplemental retirement benefits 223,000 265,000
Deferred compensation and supplemental retirement benefit payments (388,000) (404,000)
Deferred income taxes 191,000 (412,000)
Loss on sale of equipment   21,000
Changes in operating assets and liabilities, excluding effects of business combinations:    
Accounts receivable (3,339,000) (1,237,000)
Inventories (3,568,000) 133,000
Other assets (823,000) (542,000)
Accounts payable (389,000) (154,000)
Other accrued liabilities 2,343,000 (249,000)
Accrued income taxes (349,000) 234,000
Net cash provided by operating activities from continuing operations 5,136,000 6,351,000
Net cash (used in) operating activities from discontinued operations (3,607,000) (780,000)
NET CASH PROVIDED BY OPERATING ACTIVITIES 1,529,000 5,571,000
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (2,541,000) (1,432,000)
Purchases of available-for-sale securities (2,362,000)  
Acquisition of a business, net of cash acquired   (756,000)
Purchases of other assets (223,000) (202,000)
NET CASH (USED IN) INVESTING ACTIVITIES (5,126,000) (2,390,000)
FINANCING ACTIVITIES:    
Proceeds from Senior Revolving Credit Facility 25,090,000  
Payments of Senior Revolving Credit Facility (21,590,000)  
Proceeds from Revolving Credit Facility   4,100,000
Payments of Revolving Credit Facility   (4,100,000)
Payments of deferred financing costs (42,000) (316,000)
Repurchase and retirement of common stock   (4,262,000)
Treasury stock purchases (1,803,000) (2,468,000)
Proceeds from stock options exercised 631,000 0
Excess tax benefit on stock compensation 120,000  
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 2,406,000 (7,046,000)
Effect of exchange rate changes on cash 27,000 16,000
NET CHANGE IN CASH AND CASH EQUIVALENTS (1,164,000) (3,849,000)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 3,196,000 5,632,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 2,032,000 1,783,000
Cash paid during the period for:    
Interest 66,000 39,000
Income taxes $ 2,765,000 $ 2,256,000