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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net earnings $ 20,879,000 $ 14,107,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for depreciation 1,386,000 1,899,000
Intangibles amortization 114,000 0
Non-cash retirement plan expense 193,000 359,000
Other 350,000 65,000
Changes in operating accounts:    
Accounts receivable, net (10,915,000) 15,626,000
Inventories (3,808,000) (20,486,000)
Other assets and current assets (9,882,000) 2,273,000
Accounts payable and accrued liabilities 11,293,000 (5,406,000)
Federal and state income taxes 5,023,000 (577,000)
Net cash provided by operating activities 14,633,000 7,860,000
Cash flows from investing activities:    
Marketable securities purchased (38,084,000) (95,301,000)
Marketable securities - maturities and sales 18,635,000 138,583,000
Purchase of property, plant and equipment (733,000) (3,566,000)
Proceeds from insurance settlement 0 807,000
Net cash (used in) provided by investing activities (20,182,000) 40,523,000
Cash flows from financing activities:    
Dividends paid (42,172,000) (42,087,000)
Proceeds from sale of treasury stock 528,000 518,000
Other (27,000) (223,000)
Net cash used in financing activities (41,671,000) (41,792,000)
Net (decrease) increase in cash and cash equivalents (47,220,000) 6,591,000
Cash and cash equivalents at beginning of period 79,579,000 56,847,000
Cash and cash equivalents at end of period $ 32,359,000 $ 63,438,000