Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

11.       Quarterly Results of Operations (Unaudited)

			(in thousands, except per share data)
2016 Quarters:	First			Second		Third		Fourth
Net Sales	$	11,683		$	12,053	$	11,036	$	9,802
Gross profit		2,541			2,062		1,835		1,976
Net loss	$	(1,485)		$	(1,392)	$	(2,080)	$	(301)	(1)
Net loss per share:
Basic	$	(.10)		$	(.10)	$	(.15)	$	(.02)
Diluted	$	(.10)		$	(.10)	$	(.15)	$	(.02)

2015 Quarters:	First			Second			Third		Fourth
Net Sales	$	14,672		$	15,133		$	13,760	$	13,799
Gross profit		2,983			3,839			3,410		3,453
Net income from continuing operations		2,773	(1)		1,268	(1)		391		919	(1)
Net (loss) income from discontinued operations		(118)			35			74		(2)
Net income	$	2,655	(1)	$	1,303	(1)	$	465	$	917	(1)
Basic earnings per share (2):
Net income from continuing operations	$	.20		$	.09		$	.03	$	.06
Net (loss) income from discontinued operations		(.01)			-			-		-
Net income	$	.19		$	.09		$	.03	$	.06
Diluted earnings per share (2):
Net income from continuing operations	$	.19		$	.09		$	.03	$	.06
Net (loss) income from discontinued operations		(.01)			-			-		-
Net income	$	.18		$	.09		$	.03	$	.06

(1)

Includes proceeds received from the Continued Dumping and Subsidy Offset Act, net of taxes, of $1.1 million in fourth quarter of 2016, $3.8 million in the first quarter of 2015, $1.1 million in the second quarter of 2015 and $407,000 in the fourth quarter of 2015.

(2)

The sum of individual quarterly net income per share may not agree to the total for the year due to each period’s computation being based on the weighted average number of common shares outstanding during each period.