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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
Net sales $ 24,428 $ 27,393 $ 51,209 $ 53,964
Cost of sales 21,350 23,760 44,534 48,646
Gross profit. 3,078 3,633 6,675 5,318
Selling, general and administrative expenses 4,484 4,748 9,065 9,869
Operating loss (1,406) (1,115) (2,390) (4,551)
Income from Continued Dumping and Subsidy Offset Act,,net 39,361 1,117 39,361 1,117
Other income, net 20 21 41 50
Interest income 19 3 25 3
Interest expense 518 586 1,120 1,124
Income (loss) before income taxes 37,476 (560) 35,917 (4,505)
Income tax expense 616 35 620 19
Net income (loss) $ 36,860 $ (595) $ 35,297 $ (4,524)
Income (loss) per share:        
Basic (in Dollars per share) $ 2.57 $ (0.04) $ 2.46 $ (0.32)
Diluted (in Dollars per share) $ 2.54 $ (0.04) $ 2.44 $ (0.32)
Weighted average shares outstanding:        
Basic (in Shares) 14,345 14,345 14,345 14,345
Diluted (in Shares) 14,493 14,345 14,444 14,345