Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2012

The following is a summary of the unaudited quarterly results of operations for the years ended December 31, 2012 and 2011.



	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Total Year
2012:
Product sales	$	44,331,000	$	41,209,000	$	32,149,000	$	32,009,000	$	149,698,000
Tooling sales	198,000		3,335,000		5,532,000		3,687,000		12,752,000
Net sales	44,529,000		44,544,000		37,681,000		35,696,000		162,450,000
Gross margin	7,631,000		7,026,000		4,989,000		6,202,000		25,848,000
Income before interest and taxes	4,018,000		3,439,000		1,957,000		3,076,000		12,490,000
Net income	2,635,000		2,341,000		1,151,000		2,063,000		8,190,000
Net income per common share:
Basic	$	0.37	$	0.33	$	0.16	$	0.29	$	1.15
Diluted (1)	$	0.36	$	0.32	$	0.16	$	0.28	$	1.11

2011:
Product sales	$	28,974,000	$	33,547,000	$	37,173,000	$	39,151,000	$	138,845,000
Tooling sales	15,000		1,747,000		663,000		2,151,000		4,576,000
Net sales	28,989,000		35,294,000		37,836,000		41,302,000		143,421,000
Gross margin	6,592,000		7,730,000		8,171,000		7,390,000		29,883,000
Income before interest and taxes	3,669,000		4,553,000		4,754,000		3,968,000		16,944,000
Net income	2,269,000		2,842,000		2,856,000		2,559,000		10,526,000
Net income per common share:
Basic	$	0.33	$	0.41	$	0.41	$	0.36	$	1.51
Diluted	$	0.31	$	0.39	$	0.39	$	0.35	$	1.44

(1) Sum of the quarters do not sum to total year due to rounding.