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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2013
Summary of Significant Accounting Policies [Abstract] |
Estimated Useful Lives of Property, Plant and Equipment | These assets are recorded at historical cost and are depreciated using the straight-line method of depreciation over the estimated useful lives as follows:
| Estimated Life
Buildings | 25 to 33-1/2 years
Building improvements | 10 to 25 years
Machinery and equipment | 7 to 12 years
Tools, dies and auxiliary equipment | 3 to 8 years
Furniture and fixtures | 3 to 12 years
Reconciliation of Shares Used in Calculating Basic and Dilutive Net Earnings per Common Share | We present two calculations of earnings per common share. “Basic” earnings per common share equals net income divided by weighted average common shares outstanding during the period. “Diluted” earnings per common share equals net income divided by the sum of weighted average common shares outstanding during the period plus potentially dilutive common shares. Potentially dilutive common shares that are anti-dilutive are excluded from net earnings per common share. The following is a reconciliation of the shares used in calculating basic and dilutive net earnings per common share.
|  | 2013 |  |  | 2012 |  |  | 2011 |
|  | (In thousands) |
Weighted average common shares outstanding – Basic |  |  | 22,975 |  |  |  | 22,812 |  |  |  | 22,795 |
Plus incremental shares from assumed conversions: |  |  |  |  |  |  |  |  |  |  |  |
Dilutive effect of restricted shares and performance shares |  |  | 287 |  |  |  | 231 |  |  |  | 197 |
Dilutive effect of stock options |  |  | 8 |  |  |  | 7 |  |  |  | 2 |
Dilutive effect of convertible debentures |  |  | — |  |  |  | — |  |  |  | 234 |
Weighted average common shares outstanding – Diluted |  |  | 23,270 |  |  |  | 23,050 |  |  |  | 23,228 |
Antidilutive Securities Excluded from Computation of Earnings Per Share | The average shares listed below were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented or because they were excluded under the treasury method.
|  | 2013 |  |  | 2012 |  |  | 2011 |
|  | (In thousands) |
Stock options |  |  | 8 |  |  |  | 22 |  |  |  | 57 |
Restricted and performance shares |  |  | 203 |  |  |  | 200 |  |  |  | 157 |

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- Definition Tabular disclosure of the useful life of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. + References No definition available. + Details
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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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