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Condensed Consolidated Statements of Earnings (unaudited) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Net sales$ 9,759,000$ 11,031,000$ 33,716,000$ 37,995,000
Cost of sales8,000,0009,070,00027,356,00031,073,000
Gross margin1,759,0001,961,0006,360,0006,922,000
Engineering, selling & administrative expenses1,889,0002,096,0006,060,0006,403,000
Operating Earnings(130,000)(135,000)300,000519,000
Interest expense30,00045,00092,000156,000
Other (income), net0(1,000)0(1,000)
Income tax (benefit) expense(8,000)(3,000)0(6,000)
Net (Loss) Earnings$ (152,000)$ (176,000)$ 208,000$ 370,000
Basic (loss) earnings per share (in Dollars per share)$ (0.01)$ (0.02)$ 0.02$ 0.03
Diluted (loss) earnings per share (in Dollars per share)$ (0.01)$ (0.02)$ 0.02$ 0.03
Basic average common shares outstanding (in Shares)11,602,23311,535,48011,589,10811,530,289
Diluted average common shares outstanding (in Shares)11,608,36111,542,98411,595,84411,537,891