Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows (Unaudited)

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Consolidated Condensed Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Cash Flows from Operating Activities:    
Net Income $ 16,219 $ 16,422
Adjustments to Reconcile Net Income to Cash Provided By (Used For) Operating Activities:    
Depreciation and Amortization 4,955 3,592
Provisions for Non-Cash Losses on Inventory and Receivables 1,057 450
Stock Compensation Expense 1,078 807
Deferred Tax Expense (811) 689
Other 115 (359)
Cash Flows from Changes in Operating Assets and Liabilities:    
Accounts Receivable (9,836) (6,215)
Inventories (6,835) (2,790)
Accounts Payable 3,072 (596)
Other Current Assets and Liabilities 2,071 2,141
Billings in Excess of Recoverable Costs and Accrued Profits on Uncompleted Contracts (61) (1,172)
Customer Advanced Payments and Deferred Revenue 4,455 934
Income Taxes 1,014 (832)
Supplemental Retirement and Other Liabilities 642 (150)
Cash Provided By Operating Activities 17,135 12,921
Cash Flows from Investing Activities:    
Acquisition of Business (10,619)  
Capital Expenditures (10,570) (12,875)
Cash Used For Investing Activities (21,189) (12,875)
Cash Flows from Financing Activities:    
Proceeds from Note Payable 10,000  
Payments on Note Payable (1,000)  
Payments for Long-term Debt (8,898) (3,897)
Debt Acquisition Costs   (112)
Proceeds from Exercise of Stock Options 205 1,678
Income Tax Benefit from Exercise of Stock Options 391 196
Cash Provided By (Used For) Financing Activities 698 (2,135)
Effect of Exchange Rates on Cash 4 (8)
Decrease in Cash and Cash Equivalents (3,352) (2,097)
Cash and Cash Equivalents at Beginning of Period 10,919 22,709
Cash and Cash Equivalents at End of Period $ 7,567 $ 20,612