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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
6 Months Ended 12 Months Ended
Jan. 01, 2012
Jan. 02, 2011
Dec. 29, 2013
Dec. 30, 2012
Jan. 01, 2012
Jul. 03, 2011
Net sales $ 58,721 $ 50,943 $ 103,316 $ 114,274 $ 117,610 $ 109,832
Cost of sales 38,388 34,929 67,991 74,430 78,134 74,675
Gross profit 20,333 16,014 35,325 39,844 39,476 35,157
Operating expenses:            
Research and development 2,103 2,069 3,246 3,834 4,394 4,360
Pension expense 2,706 3,311 6,365 6,936 5,895 6,500
Sales, general and administrative 10,644 8,308 20,939 21,052 21,187 18,851
Income (loss) from operations 4,880 2,326 4,775 8,022 8,000 5,446
Non operating income:            
Interest income 0 (1) 0 0 0 (1)
Income (loss) from continuing operations before provision for income taxes 4,880 2,327 4,775 8,022 8,000 5,447
Provision for income taxes 549 287 1,016 1,096 892 630
Income (loss) from continuing operations 4,331 2,040 3,759 6,926 7,108 4,817
Income (loss) from discontinued operations, net of tax (39) (533) (627) 5,697 (660) (1,154)
Net income (loss) $ 4,292 $ 1,507 $ 3,132 $ 12,623 $ 6,448 $ 3,663
Earnings per common share - basic            
Income (loss) from continuing operations (USD per share) $ 1.38 $ 0.65 $ 1.16 $ 2.18 $ 2.27 $ 1.54
Income (loss) from discontinued operations (USD per share) $ (0.01) $ (0.17) $ (0.19) $ 1.79 $ (0.21) $ (0.37)
Net income (loss) (USD per share) $ 1.36 $ 0.48 $ 0.97 $ 3.97 $ 2.06 $ 1.17
Earnings per common share - diluted            
Income (loss) from continuing operations (USD per share) $ 1.35 $ 0.65 $ 1.13 $ 2.14 $ 2.22 $ 1.51
Income (loss) from discontinued operations (USD per share) $ (0.01) $ (0.17) $ (0.19) $ 1.76 $ (0.21) $ (0.37)
Net income (loss) (USD per share) $ 1.34 $ 0.48 $ 0.94 $ 3.90 $ 2.01 $ 1.15
Weighted average shares outstanding:            
Weighted average shares outstanding - basic 3,148 3,127 3,231 3,174 3,138 3,134
Weighted average shares outstanding - diluted 3,212 3,151 3,339 3,238 3,194 3,187