Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows

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Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Cash Flows from Operating Activities:    
Net Income $ 13,722 $ 11,289
Adjustments to Reconcile Net Income to Cash Provided By (Used For) Operating Activities:    
Depreciation and Amortization 3,470 2,831
Provisions for Non-Cash Losses on Inventory and Receivables 515 574
Stock Compensation Expense 709 723
Deferred Tax Expense 1,087 (476)
Other (376) 143
Cash Flows from Changes in Operating Assets and Liabilities:    
Accounts Receivable 2,504 (7,903)
Inventories (5,164) (5,021)
Accounts Payable 4,474 607
Other Current Assets and Liabilities (2,738) 265
Billings in Excess of Recoverable Costs and Accrued Profits on Uncompleted Contracts (188) (264)
Customer Advanced Payments and Deferred Revenue (2,362) 4,760
Income Taxes 1,079 1,049
Supplemental Retirement and Other Liabilities 587 381
Cash Provided By Operating Activities 17,319 8,958
Cash Flows from Investing Activities:    
Capital Expenditures (3,671) (4,496)
Cash Used For Investing Activities (3,671) (4,496)
Cash Flows from Financing Activities:    
Payments for Long-term Debt (4,478) (7,507)
Debt Acquisition Costs (160)  
Acquisition Earnout Payments (81)  
Proceeds from Exercise of Stock Options 175 151
Income Tax Benefit from Exercise of Stock Options 57 144
Cash Used For Financing Activities (4,487) (7,212)
Effect of Exchange Rates on Cash (6) (1)
Increase (Decrease) in Cash and Cash Equivalents 9,155 (2,751)
Cash and Cash Equivalents at Beginning of Period 7,380 10,919
Cash and Cash Equivalents at End of Period $ 16,535 $ 8,168