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Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 7,966,968$ 611,779
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization2,940,2642,994,043
Deferred income taxes(41,309)1,474,142
Mark-to-market of interest rate swaps67,512380,739
Net post retirement benefits settlement loss0374,402
Share-based compensation284,181273,906
Loss on disposal of assets014,277
Loss (gain) on translation of foreign currency financial statements69,819(82,974)
Change in operating assets and liabilities:  
Accounts receivable(9,662,653)(2,352,349)
Inventories(2,096,198)(1,239,109)
Prepaid and other assets(120,593)(860,513)
Accounts payable1,869,7092,157,693
Accrued and other liabilities3,573,477(299,701)
Partial settlement of postretirement benefits liability0(1,256,650)
Post retirement benefits liability(139,168)680,182
Net cash provided by operating activities4,712,0092,869,867
Cash flows from investing activities:  
Purchase of property, plant and equipment(4,940,326)(1,866,872)
Net cash used in investing activities(4,940,326)(1,866,872)
Cash flows from financing activities:  
Payment of principal on Mexican loan(1,600,000)0
Payments of principal on capex loan(1,285,714)(1,285,714)
Payment of principal on term loan(107,131)(964,287)
Payment of principal on industrial development revenue bond(540,000)(500,000)
Payments related to purchase of treasury stock(235,715)0
Proceeds from issuance of common stock354,26783,484
Net cash used in financing activities(3,414,293)(2,666,517)
Net change in cash and cash equivalents(3,642,610)(1,663,522)
Cash and cash equivalents at beginning of period5,656,8654,141,838
Cash and cash equivalents at end of period2,014,2552,478,316
Cash paid for:  
Interest (net of amounts capitalized)497,071760,460
Income taxes3,480,500360,624
Non Cash:  
Fixed asset purchases in accounts payable$ 409,342$ 41,595