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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 4,530,000 $ 3,211,000
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 610,000 746,000
Non cash interest expense included in net income 46,000 46,000
Share based compensation expense 328,000 387,000
Bad debt expense 24,000 146,000
Inventory reserve expense 82,000 149,000
Changes in operating assets and liabilities:    
Accounts receivable 4,720,000 6,565,000
Costs and estimated earnings in excess of billings on uncompleted contracts 3,786,000 (2,224,000)
Inventories (228,000) (1,098,000)
Prepaid expense and other current assets (633,000) (310,000)
Deferred charges and other assets 181,000 153,000
Accounts payable and accrued expenses (2,702,000) (2,704,000)
Billings in excess of costs and estimated earnings on uncompleted contracts (2,941,000) (2,314,000)
Income taxes payable 879,000 (488,000)
Other liabilities (124,000) 155,000
Net cash provided by operating activities 8,558,000 2,420,000
Cash flows from investing activities:    
Acquisitions of property and equipment (132,000) (256,000)
Net proceeds from sale of plant and equipment    526,000
Net cash (used in) provided by investing activities (132,000) 270,000
Cash flows from financing activities:    
Net borrowings on revolving credit line    317,000
Proceeds from exercise of stock options 110,000 71,000
Cash paid for repurchase of common shares (456,000) (431,000)
Dividends paid to common shareholders (1,025,000)   
Net cash used in financing activities (1,371,000) (43,000)
Net increase in cash and cash equivalents 7,055,000 2,647,000
Cash and cash equivalents at beginning of period 12,724,000 5,792,000
Cash and cash equivalents at end of period 19,779,000 8,439,000
Supplemental Schedule of Non-Cash Activities:    
Conversion of subordinated debt to common stock 440,000 200,000
Cash paid during the period for:    
Interest 606,000 667,000
Income taxes $ 1,242,000 $ 2,824,000