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Consolidated Statements Of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net earnings$ 3,410,532$ 2,863,475
Adjustments to reconcile net earnings to net cash (used in) provided from operating activities:  
Depreciation and amortization2,271,6471,943,849
Provision for bad debts82,374181,113
Share-based compensation expense1,005,198532,220
Deferred income tax (benefit) provision(519,000)29,250
Gain on sales of property, plant and equipment(23,500)(54,437)
Changes in assets and liabilities:  
Accounts receivable - trade(2,860,426)736,756
Accounts receivable - other(1,861,923)(42,290)
Inventories(8,077,874)1,124,321
Prepaid expenses and other current assets1,121,009480,807
Other assets51,098(5,164)
Accounts payable2,067,252350,518
Other current liabilities648,1421,070,694
Pension liability466,210(2,219,919)
Other long-term liabilities(42,000)20,000
Net cash (used in) provided from operating activities(2,261,261)7,011,193
CASH FLOWS FROM INVESTING ACTIVITIES  
Additions to property, plant and equipment(822,488)(609,875)
Disposals of property, plant and equipment32,93760,659
Proceeds from notes receivable collections015,250
Acquisition of intangible assets(2,061,431)0
Net cash used in investing activities(2,850,982)(533,966)
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from long-term debt13,400,0003,035,000
Repayment of long-term debt(12,600,000)(3,035,000)
Payment of cash dividends(2,426,672)(2,391,831)
Proceeds received on exercise of stock options712,659245,899
Common stock reacquired and retired(775,720)(343,023)
Net cash used in financing activities(1,689,733)(2,488,955)
Net (decrease) increase in cash and cash equivalents(6,801,976)3,988,272
Cash and cash equivalents balance, beginning of year9,107,4616,365,557
Cash and cash equivalents balance, end of period$ 2,305,485$ 10,353,829