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Condensed Consolidated Statements Of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 1,531,321 $ 1,491,387
Adjustments to reconcile net earnings to net cash (used in) provided from operating activities:    
Depreciation and amortization 1,532,531 1,317,664
Provision for bad debts 55,941 111,900
Share-based compensation expense 823,846 408,834
Deferred income tax benefit (496,000) (360,500)
Gain on sales of property, plant and equipment (13,000) (45,437)
Changes in assets and liabilities:    
Accounts receivable and other current assets (3,561,923) (200,877)
Inventories (3,168,985) 187,297
Other assets 38,144 (7,473)
Accounts payable 677,837 202,941
Other current liabilities (514,976) 53,929
Pension liability 404,140 56,094
Other long-term liabilities 58,000 55,000
Net cash (used in) provided from operating activities (2,633,124) 3,270,759
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment (733,052) (791,705)
Disposals of property, plant and equipment 19,199 51,657
Proceeds from notes receivable collections 0 15,250
Acquisition of intangible assets (2,061,432)  
Net cash used in investing activities (2,775,285) (724,798)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 3,320,000 3,035,000
Repayment of long-term debt (3,320,000) (3,035,000)
Payment of cash dividends (1,616,429) (1,595,055)
Proceeds received on exercise of stock options 503,692 109,717
Common stock reacquired and retired (280,591) (269,096)
Net cash used in financing activities (1,393,328) (1,754,434)
Net (decrease) increase in cash and cash equivalents (6,801,737) 791,527
Cash and cash equivalents balance, beginning of year 9,107,461 [1] 6,365,557
Cash and cash equivalents balance, end of period $ 2,305,724 $ 7,157,084
[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.