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Consolidated Condensed Statements of Operations and Retained Earnings (Unaudited) (USD $)
In Thousands, except Per Share data |
3 Months Ended | 6 Months Ended | ||
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Jul. 02, 2011
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Jul. 03, 2010
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Jul. 02, 2011
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Jul. 03, 2010
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| Consolidated Condensed Statements of Operations and Retained Earnings [Abstract] | ||||
| Sales | $ 55,475 | $ 47,089 | $ 110,603 | $ 94,025 |
| Costs and Expenses: | ||||
| Cost of products sold | 41,089 | 36,404 | 81,711 | 71,794 |
| Gross Profit | 14,386 | 10,685 | 28,892 | 22,231 |
| Selling, general and administrative expenses | 7,144 | 6,076 | 13,489 | 11,504 |
| Income from operations | 7,242 | 4,609 | 15,403 | 10,727 |
| Interest expense, net of interest income of $14 and $17 for the six months and $6 and $5 for the three months ended 2011 and 2010, respectively | 534 | 722 | 1,071 | 1,321 |
| Income Before Income Taxes | 6,708 | 3,887 | 14,332 | 9,406 |
| Provision for Income Taxes | 2,160 | 1,457 | 4,575 | 3,576 |
| Net Income | 4,548 | 2,430 | 9,757 | 5,830 |
| Retained Earnings: | ||||
| Beginning of period | 65,047 | 50,099 | ||
| End of period | $ 74,804 | $ 55,929 | $ 74,804 | $ 55,929 |
| Earnings per share: | ||||
| Basic | $ 0.41 | $ 0.22 | $ 0.89 | $ 0.54 |
| Diluted | $ 0.39 | $ 0.22 | $ 0.84 | $ 0.52 |
| Average Common Shares Outstanding: | ||||
| Basic | 11,006 | 10,806 | 10,994 | 10,801 |
| Diluted | 11,703 | 11,289 | 11,665 | 11,127 |
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- Definition
Interest expense, net of interest income of $14 and $17 for the six months and $6 and $5 for the three months ended 2011 and 2010, respectively
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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| X | ||||||||||
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- Definition
The amount of net income or loss for the period per each share of common stock outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share of common stock and dilutive common stock equivalents outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.
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- Definition
Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The sum of the current income tax expense (benefit) and the deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net result for the period of deducting operating expenses from operating revenues.
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The average number of shares issued and outstanding that are used in calculating diluted EPS, determined based on the timing of issuance of shares in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Number of [basic] shares, after adjustment for contingently issuable shares and other shares not deemed outstanding, determined by relating the portion of time within a reporting period that common shares have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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