Note L - Discontinued Operations	9 Months Ended
Sep. 27, 2020
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	NOTE L - DISCONTINUED OPERATIONS On January 3, 2017, the Company and its wholly-owned subsidiary, Presto Absorbent Products, Inc. ("PAPI"), entered into an asset purchase agreement wherein substantially all PAPI assets were sold and certain liabilities were assigned to Drylock Technologies, LTD. ("Drylock"). See Note P to the Company's consolidated financial statements included in Form 10-K for the year ended December 31, 2019. As a result, the Company classified its results of operations for all periods presented to reflect its Absorbent Products business as a discontinued operation. During the third quarter of 2019, the Company recognized Other income from the settlement of a lawsuit with a third party for breach of contract. The Consolidated Statements of Cash Flows do not present the cash flows from discontinued operations separately from cash flows from continuing operations. Cash used in operating activities from discontinued operations was $0 and $1,050,000 for the nine months ended September 27, 2020 and September 29, 2019, respectively. Cash provided by investing activities related to discontinued operations was $0 and $3,107,000 for the nine months ended September 27, 2020 and September 29, 2019, respectively. In connection with the asset purchase agreement discussed above, the Company entered into a 10-year lease agreement with Drylock for a portion of its manufacturing and warehouse facilities. The lease agreement provided for total annual payments of $1,288,000 initially. During the fourth quarter of 2018, the lease agreement was amended to incorporate additional facilities that the Company built for Drylock. The amended lease provides for an initial term of approximately 14 years, and allows for successive three-year renewal periods, as well as options to terminate the lease early after five and ten years. The amended lease also provides for adjustments to the rental payments based on certain price indices, taxes, and space occupied. The Company estimates the annual payments under the amended lease will total $1,832,000. The amounts received from Drylock for rental income are recorded in Other Income on the Consolidated Statements of Comprehensive Income.

Note L - Discontinued Operations

9 Months Ended

Sep. 27, 2020

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

NOTE L - DISCONTINUED OPERATIONS

On January 3, 2017, the Company and its wholly-owned subsidiary, Presto Absorbent Products, Inc. ("PAPI"), entered into an asset purchase agreement wherein substantially all PAPI assets were sold and certain liabilities were assigned to Drylock Technologies, LTD. ("Drylock"). See Note P to the Company's consolidated financial statements included in Form 10-K for the year ended December 31, 2019. As a result, the Company classified its results of operations for all periods presented to reflect its Absorbent Products business as a discontinued operation.

During the third quarter of 2019, the Company recognized Other income from the settlement of a lawsuit with a third party for breach of contract.

The Consolidated Statements of Cash Flows do not present the cash flows from discontinued operations separately from cash flows from continuing operations. Cash used in operating activities from discontinued operations was $0 and $1,050,000 for the nine months ended September 27, 2020 and September 29, 2019, respectively. Cash provided by investing activities related to discontinued operations was $0 and $3,107,000 for the nine months ended September 27, 2020 and September 29, 2019, respectively.

In connection with the asset purchase agreement discussed above, the Company entered into a 10-year lease agreement with Drylock for a portion of its manufacturing and warehouse facilities. The lease agreement provided for total annual payments of $1,288,000 initially. During the fourth quarter of 2018, the lease agreement was amended to incorporate additional facilities that the Company built for Drylock. The amended lease provides for an initial term of approximately 14 years, and allows for successive three-year renewal periods, as well as options to terminate the lease early after five and ten years. The amended lease also provides for adjustments to the rental payments based on certain price indices, taxes, and space occupied. The Company estimates the annual payments under the amended lease will total $1,832,000. The amounts received from Drylock for rental income are recorded in Other Income on the Consolidated Statements of Comprehensive Income.