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Condensed Consolidated Balance Sheets (USD $)
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:    
Cash and cash equivalents $ 2,305,724 $ 9,107,461 [1]
Accounts receivable and other current assets 25,333,960 21,827,978 [1]
Inventories 34,198,932 [2] 31,029,947 [1],[2]
TOTAL CURRENT ASSETS 61,838,616 61,965,386 [1]
PROPERTY, PLANT AND EQUIPMENT, NET 9,199,546 9,463,884 [1]
OTHER INTANGIBLE ASSETS, NET 3,231,317 911,225 [1]
DEFERRED INCOME TAXES 2,090,000 1,680,000 [1]
OTHER ASSETS 135,259 173,403 [1]
TOTAL ASSETS 76,494,738 74,193,898 [1]
CURRENT LIABILITIES:    
Accounts payable 5,781,605 5,103,768 [1]
Other current liabilities 3,198,062 3,713,038 [1]
TOTAL CURRENT LIABILITIES 8,979,667 8,816,806 [1]
LONG-TERM PENSION LIABILITY 3,687,340 3,535,470 [1]
OTHER LONG-TERM LIABILITIES 800,000 742,000 [1]
SHAREHOLDERS' EQUITY:    
Preferred stock, $1 par value - authorized 300,000 shares (none issued)     [1]
Common stock, $.001 par value - authorized 50,000,000 shares, issued and outstanding - 5,993,551 and 5,959,975 shares, respectively. 5,993 5,960 [1]
Additional paid-in capital 18,877,138 16,753,094 [1]
Retained earnings 48,040,472 48,402,710 [1]
Accumulated other comprehensive loss, net of tax:    
Pensions (3,895,872) (4,062,142) [1]
TOTAL SHAREHOLDERS' EQUITY 63,027,731 61,099,622 [1]
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 76,494,738 $ 74,193,898 [1]
[1] The balance sheet as of December 31, 2010 has been derived from the audited balance sheet as of that date and has been condensed.
[2] Finished goods 22487052, 23828283,Work in process 112507, 66853 Raw materials 11599373, 7134811 Inventories 34198932, 31029947