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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Oct. 01, 2011
Jan. 01, 2011
Current assets  
Cash and cash equivalents$ 119,559$ 108,902
Accounts receivable, less allowance for doubtful accounts28,611,36319,972,900
Inventories  
Raw materials13,230,72812,660,670
Work-in-process16,221,0519,571,811
Finished goods15,348,37112,120,276
Total inventories44,800,15034,352,757
Deferred income taxes2,194,9282,257,000
Prepaid expenses and other current assets1,329,063814,185
Total current assets77,055,06357,505,744
Cash value of life insurance3,083,5663,029,566
Property, plant & equipment, net of accumulated depreciation17,874,92818,191,947
Goodwill2,354,7302,354,730
Deferred charges, net43,918293,372
Total assets100,412,20581,375,359
Current liabilities  
Accounts payable14,110,77410,674,077
Accrued expenses5,182,2823,306,291
Current portion of environmental reserves175,789293,456
Total current liabilities19,468,84514,273,824
Long-term debt8,907,455219,275
Environmental reserves558,000643,000
Deferred compensation310,447302,159
Deferred income taxes2,062,0002,062,000
Shareholders' equity  
Common stock8,000,0008,000,000
Capital in excess of par value1,077,202942,707
Retained earnings74,761,39569,981,395
Less cost of Common Stock in treasury:(14,733,139)(15,049,001)
Total shareholders' equity69,105,45863,875,101
Total liabilities and shareholders' equity$ 100,412,205$ 81,375,359