Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Balance Sheets

 v2.3.0.11
Consolidated Condensed Balance Sheets (USD $)
In Thousands
Jul. 02, 2011
Dec. 31, 2010
Current Assets:    
Cash and Cash Equivalents $ 16,075 $ 22,709
Accounts Receivable, net of allowance for doubtful accounts 35,762 30,941
Inventories 40,826 37,763
Other Current Assets 6,453 5,727
Total Current Assets 99,116 97,140
Property, Plant and Equipment - net of accumulated depreciation and amortization of $27,899 and $25,990 respectively 35,944 30,873
Deferred Income Taxes 6,332 6,883
Other Assets 3,231 3,342
Intangible Assets, net of accumulated amortization 4,824 5,040
Goodwill 7,712 7,610
Total Assets 157,159 150,888
Current Liabilities:    
Current Maturities of Long-term Debt 5,310 5,314
Accounts Payable 9,833 10,583
Accrued Expenses 10,009 10,016
Billings in Excess of Recoverable Costs and Accrued Profits on Uncompleted Contracts 1,126 1,519
Customer Advance Payments and Deferred Revenue 3,706 3,853
Total Current Liabilities 29,984 31,285
Long-term Debt 29,806 33,264
Other Liabilities 8,889 9,124
Total Liabilities 68,679 73,673
Shareholders' Equity:    
Common stock, value 91 89
Additional Paid-in Capital 15,559 14,337
Accumulated Other Comprehensive Income (Loss) 283 (2)
Retained Earnings 74,804 65,047
Total stockholders' equity before Treasury shares 90,761 79,496
Less Treasury Stock: 480,313 shares in both 2011 and 2010 2,281 2,281
Total Shareholders' Equity 88,480 77,215
Total Liabilities and Shareholders' Equity 157,159 150,888
Common Class B [Member]
    
Shareholders' Equity:    
Common stock, value $ 24 $ 25