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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Operating Activities    
Net income $ 5,383,854 $ 5,455,445
Less: Income (Loss) from discontinued operations 1,180,739 (955,727)
Net income from continuing operations 4,203,115 6,411,172
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,178,318 3,741,969
Reduction in carrying amount of ROU assets 1,502,376 1,553,455
Unrecognized pension and postretirement (benefit) expense (397,676) 10,219
Loss on sale of equipment and other assets 38,479 40,801
Provision for doubtful accounts 14,000 4,000
Stock compensation expense 289,126 624,320
Changes in operating assets and liabilities:    
Accounts receivable (2,271,343) (5,266,259)
Inventories 1,886,960 2,365,451
Prepaid expenses and other (314,221) 1,006,408
Other assets 124,859 28,720
Accounts payable 2,511,193 2,939,089
Accrued compensation (445,105) 96,109
Change in operating lease liability (1,502,376) (1,553,455)
Other accrued expenses (6,908,197) (784,960)
Net cash provided by operating activities 1,909,508 11,217,039
Investing Activities    
Marketable securities 2,222,059 (999,960)
Acquisition (421,039) 0
Payments received from notes receivable 14,545 470,937
Proceeds from sale of discontinued operations 1,593,646 18,000
Purchases of property, plant, and equipment (1,598,980) (2,834,977)
Net cash provided by (used in) investing activities 1,810,231 (3,346,000)
Financing Activities    
Principal payments on long-term debt (5,919,065) (1,505,952)
Financing leases, net (393,352) (62,674)
Purchase common stock for treasury (2,123,705) (482,120)
Dividends paid (1,347,951) (1,368,924)
Net cash used in financing activities (9,784,073) (3,419,670)
Discontinued Operations    
Cash used in operating activities 0 (955,727)
Cash used in discontinued operations 0 (955,727)
Effect of exchange rate changes on cash 331,115 (88,598)
Net change in cash and cash equivalents (5,733,219) 3,407,044
Cash and cash equivalents at beginning of period 14,843,530 8,299,453
Cash and cash equivalents at end of period 9,110,311 11,706,497
Supplemental disclosure of cash flow information:    
Interest 1,683,412 1,639,713
Income taxes 1,679,091 1,599,765
Non-cash investing and financing activities    
Right of use asset 1,468,961 144,445
Lease liability $ (1,468,961) $ (144,445)