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v3.8.0.1

Consolidated Statements of Income - USD ($) | 12 Months Ended
--- | ---
Dec. 30, 2017 | Dec. 31, 2016 | Jan. 02, 2016
Consolidated Statements of Income [Abstract] |  |  |
Net sales | $ 204,239,613 | $ 137,608,258 | $ 144,567,951
Cost of products sold | (154,188,794) | (101,262,048) | (110,318,320)
Gross margin | 50,050,819 | 36,346,210 | 34,249,631
Engineering expenses | (5,622,829) | (2,568,307) | (2,459,062)
Selling and administrative expenses | (32,151,289) | (22,642,031) | (23,762,841)
Operating profit | 12,276,701 | 11,135,872 | 8,027,728
Interest expense | (976,512) | (121,500) | (185,475)
Other income | 154,753 | 209,043 | 178,722
Income before income taxes | 11,454,942 | 11,223,415 | 8,020,975
Income taxes | 6,409,687 | 3,438,092 | 2,293,932
Net income | $ 5,045,255 | $ 7,785,323 | $ 5,727,043
Earnings per Share: |  |  |
Basic (in dollars per share) | $ 0.81 | $ 1.25 | $ 0.92
Diluted (in dollars per share) | $ 0.80 | $ 1.25 | $ 0.92

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- Definition Total costs related to goods produced and sold during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(a)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. + 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=96948231&loc=d3e4984-109258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1252-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
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