XML 16 R5.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net earnings $ 12,762,000 $ 12,645,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Provision for depreciation 1,702,000 1,926,000
Intangibles amortization 758,000 758,000
Benefit from doubtful accounts 0 (285,000)
Non-cash retirement plan expense 512,000 464,000
Impairment of vendor deposit 2,701,000 0
Other 260,000 284,000
Changes in operating accounts:    
Accounts receivable, net 7,926,000 (2,987,000)
Inventories (20,955,000) (37,655,000)
Other assets and current assets (1,765,000) 540,000
Accounts payable and accrued liabilities 6,572,000 112,000
Federal and state income taxes (8,931,000) (4,130,000)
Net cash provided by (used in) operating activities 1,542,000 (28,328,000)
Cash flows from investing activities:    
Marketable securities purchased 0 (5,432,000)
Marketable securities - maturities and sales 1,983,000 11,008,000
Proceeds from note receivable 404,000 230,000
Purchase of property, plant and equipment (25,449,000) (1,048,000)
Net (used in) provided by investing activities (23,062,000) 4,758,000
Cash flows from financing activities:    
Proceeds from line of credit 58,198,000 0
Payments on line of credit (45,562,000) 0
Dividends paid (7,142,000) (32,029,000)
Proceeds from sale of treasury stock 120,000 513,000
Net cash provided by (used in) financing activities 5,614,000 (31,516,000)
Net decrease in cash and cash equivalents (15,906,000) (55,086,000)
Cash and cash equivalents at beginning of period 17,663,000 87,657,000
Cash and cash equivalents at end of period 1,757,000 32,571,000
Supplemental disclosures of cash flow information:    
Interest $ 75,000 $ 0