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Consolidated Statements of Cash Flows
12 Months Ended
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Cash flows from operating activities:      
Net income $ 7,411,000 $ 12,050,000 $ 9,634,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 6,283,000 6,041,000 5,023,000
Deferred income taxes 426,000 1,229,000 2,521,000
Mark-to-market of interest rate swap 3,000 (14,000) (45,000)
Share-based compensation 1,003,000 785,000 744,000
Foreign Currency Transaction Gain (Loss), before Tax 110,000 54,000 (108,000)
Change in operating assets and liabilities, net of effects of acquisition:      
Accounts receivable 17,335,000 (911,000) (12,292,000)
Inventories 2,785,000 (1,387,000) (808,000)
Income taxes receivable 670,000 1,616,000 (1,959,000)
Prepaid and other assets (266,000) 1,395,000 (78,000)
Accounts payable (4,689,000) 2,095,000 (275,000)
Accrued and other liabilities (4,422,000) (3,786,000) 9,031,000
Post retirement benefits liability (360,000) (444,000) (777,000)
Net cash provided by operating activities 26,069,000 18,615,000 10,827,000
Cash flows from investing activities:      
Purchase of property, plant and equipment (2,863,000) (5,683,000) (10,679,000)
Business Combination, Purchase Price Allocated 0 (14,512,000) 0
Net cash used in investing activities (2,863,000) (20,195,000) (10,679,000)
Cash flows from financing activities:      
Gross borrowings on revolving line of credit 0 (10,102,000) (67,993,000)
Gross borrowings on revolving line of credit 0 7,334,000 70,761,000
Borrowing of Secured Debt Term Loan 0 15,500,000 0
Repayments of Secured Debt Term Loan (3,000,000) (2,750,000) 0
Payment of principal on Mexican loan 0 0 (1,600,000)
Payment of principal on capex loan (714,000) (1,714,000) (1,715,000)
Excess Tax Benefit from Share-based Compensation, Financing Activities (16,000) 211,000 395,000
Payments related to the purchase of treasury stock (134,000) (287,000) (278,000)
Proceeds from issuance of common stock 0 19,000 328,000
Net cash (used in) provided by financing activities (3,864,000) 8,211,000 (102,000)
Net change in cash and cash equivalents 19,342,000 6,631,000 46,000
Cash and cash equivalents at beginning of year 8,943,000 2,312,000 2,266,000
Cash and cash equivalents at end of year 28,285,000 8,943,000 2,312,000
Cash paid for:      
Interest (net of amounts capitalized) 289,000 279,000 110,000
Income taxes 1,884,000 4,218,000 3,567,000
Non Cash:      
Fixed asset purchases in accounts payable 316,000 464,000 $ 557,000
Commitments For Capital Expenditures In Progress $ 616,000 $ 1,102,000