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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Apr. 03, 2022
Apr. 04, 2021
Cash flows from operating activities:    
Net earnings $ 2,915,000 $ 8,993,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for depreciation 658,000 677,000
Intangibles amortization 54,000 54,000
Non-cash retirement plan expense 212,000 206,000
Proceeds from insurance claim 90,000  
Other 128,000 211,000
Changes in operating accounts:    
Accounts receivable, net 17,606,000 5,550,000
Inventories (7,689,000) (5,622,000)
Other assets and current assets (5,019,000) 530,000
Accounts payable and accrued liabilities (4,358,000) (6,228,000)
Federal and state income taxes 841,000 2,428,000
Net cash provided by operating activities 5,438,000 6,799,000
Cash flows from investing activities:    
Marketable securities purchased (3,640,000) 0
Marketable securities - maturities and sales 2,454,000 16,951,000
Proceeds from note receivable 78,000 0
Purchase of property, plant and equipment (172,000) (1,124,000)
Net cash (used in) provided by investing activities (1,280,000) 15,827,000
Cash flows from financing activities:    
Dividends paid (31,827,000) (44,083,000)
Proceeds from sale of treasury stock 436,000 572,000
Other (41,000) (30,000)
Net cash used in financing activities (31,432,000) (43,541,000)
Net (decrease) increase in cash and cash equivalents (27,274,000) (20,915,000)
Cash and cash equivalents at beginning of period 109,805,000 86,036,000
Cash and cash equivalents at end of period $ 82,531,000 $ 65,121,000