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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 9,721,000 $ 9,698,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,602,000 2,834,000
Realized gain on foreign currency exchange rate (264,000)
Provision for bad debts - accounts receivable 410,000 232,000
Share-based compensation expense 1,481,000 1,285,000
Deferred income tax benefit (2,141,000) (1,361,000)
Loss on sales of property, plant and equipment 13,000
Accretion of acquisition-related contingent liability 126,000 92,000
Changes in assets and liabilities, net of acquisition of business:    
Accounts receivable - trade (6,656,000) (7,335,000)
Accounts receivable - other 417,000 1,047,000
Inventories (1,900,000) (4,002,000)
Prepaid expenses and other current assets (1,281,000) (316,000)
Other assets (100,000) (1,043,000)
Accounts payable 1,374,000 5,791,000
Other current liabilities 832,000 (890,000)
Long-term pension liability 570,000 (333,000)
Other long-term liabilities (20,000) (100,000)
Net cash provided by operating activities 6,171,000 5,612,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment (6,596,000) (4,118,000)
Acquisition of business, net of acquired cash (15,161,000)
Net cash used in investing activities (21,757,000) (4,118,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 108,175,000 44,460,000
Repayment of long-term debt (87,620,000) (45,365,000)
Payment of cash dividends (3,487,000) (3,128,000)
Payment of contingent liability (1,800,000) (1,200,000)
Proceeds received on exercise of stock options 1,109,000 1,501,000
Excess tax benefit from exercise of stock options and SARS 1,198,000 726,000
Common stock reacquired and retired (316,000)
Net cash provided by (used in) financing activities 17,259,000 (3,006,000)
Effect of currency exchange rates on cash 91,000
Net increase (decrease) in cash and cash equivalents 1,764,000 (1,512,000)
Cash and cash equivalents balance, beginning of year 1,036,000 4,586,000
Cash and cash equivalents balance, end of period $ 2,800,000 $ 3,074,000