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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 73,151,889 $ 68,337,790 $ 141,080,976 $ 140,833,158
Cost of products sold (54,941,336) (53,189,948) (106,674,324) (110,187,615)
Gross margin 18,210,553 15,147,842 34,406,652 30,645,543
Product development expense (1,301,487) (1,431,110) (2,661,284) (2,832,309)
Selling and administrative expenses (11,536,949) (11,289,037) (23,035,906) (23,226,674)
Operating profit 5,372,117 2,427,695 8,709,462 4,586,560
Interest expense (829,934) (781,104) (1,674,969) (1,507,110)
Other (expense) income (20,066) 252,180 (9,712) (378,520)
Income before income taxes 4,522,117 1,898,771 7,024,781 2,700,930
Income tax expense (1,014,245) (499,564) (1,569,336) (694,409)
Net income $ 3,507,872 $ 1,399,207 $ 5,455,445 $ 2,006,521
Earnings per share:        
Basic $ 0.56 $ 0.22 $ 0.88 $ 0.32
Diluted 0.56 0.22 0.87 0.32
Cash dividends per share: $ 0.11 $ 0.11 $ 0.22 $ 0.22