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Consolidated Balance Sheets (USD $)
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 0 $ 4,634,000
Accounts receivable (less allowance for doubtful accounts: June 30, 2012 - $307,000; December 31, 2011 - $236,000) 26,254,000 22,048,000
Inventories:    
Finished goods 1,783,000 1,872,000
Work in process 1,554,000 1,547,000
Stores 9,263,000 7,989,000
Total inventories, net 12,600,000 11,408,000
Deferred tax asset-current portion 1,843,000 1,843,000
Foreign sales tax receivable 1,057,000 910,000
Prepaid expenses and other current assets 1,726,000 954,000
Total current assets 43,480,000 41,797,000
Property, plant and equipment — net 51,893,000 49,344,000
Deferred tax asset 1,095,000 1,045,000
Goodwill 1,097,000 1,097,000
Other assets 10,000 15,000
Total Assets 97,575,000 93,298,000
Current liabilities:    
Current portion of long-term debt 4,139,000 4,104,000
Revolving line of credit 2,233,000 0
Current portion of interest rate swaps 154,000 173,000
Accounts payable 12,849,000 9,813,000
Tooling in progress 1,084,000 1,520,000
Current portion of post retirement benefits liability 1,002,000 1,002,000
Accrued liabilities:    
Compensation and related benefits 5,097,000 7,147,000
Taxes 0 225,000
Other 835,000 1,003,000
Total current liabilities 27,393,000 24,987,000
Long-term debt 6,600,000 9,477,000
Interest rate swaps 122,000 158,000
Post retirement benefits liability 8,257,000 8,580,000
Total Liabilities 42,372,000 43,202,000
Commitments and Contingencies 0 0
Stockholders' Equity:    
Preferred stock - $0.01 par value, authorized shares - 10,000,000; Outstanding shares: 0 at June 30, 2012 and December 31, 2011 0 0
Common stock - $0.01 par value, authorized shares - 20,000,000; Outstanding shares: 7,096,903 at June 30, 2012 and 7,048,069 at December 31, 2011 71,000 70,000
Paid-in capital 25,172,000 24,872,000
Accumulated other comprehensive income, net of income taxes 3,799,000 3,877,000
Treasury stock (26,587,000) (26,495,000)
Retained earnings 52,748,000 47,772,000
Total Stockholders' Equity 55,203,000 50,096,000
Total Liabilities and Stockholders' Equity $ 97,575,000 $ 93,298,000