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CONDENSED BALANCE SHEETS (USD $)
In Thousands
Jul. 02, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 12,038 $ 5,132
Short-term investments 64,493 52,493
Trade receivables, net 31,857 31,565
Gross inventories 42,291 48,820
Less LIFO reserve (37,101) (37,448)
Less excess and obsolescence reserve (1,141) (1,545)
Net inventories 4,049 9,827
Deferred income taxes 5,013 4,780
Prepaid expenses and other current assets 801 1,427
Total Current Assets 118,251 105,224
Property, plant and equipment 156,896 150,379
Less allowances for depreciation (112,118) (107,458)
Net property, plant and equipment 44,778 42,921
Deferred income taxes 4,099 5,443
Other assets 8,209 4,173
Total Assets 175,337 157,761
Current Liabilities    
Trade accounts payable and accrued expenses 18,966 16,492
Product liability 741 449
Employee compensation and benefits 10,343 10,923
Workers' compensation 4,716 4,893
Income taxes payable 2,081 582
Total Current Liabilities 36,847 33,339
Accrued pension liability 9,355 9,369
Product liability accrual 415 573
Contingent liabilities - Note 11    
Stockholders' Equity    
Additional paid-in capital 9,934 9,885
Retained earnings 153,109 137,125
Less: Treasury stock - at cost 2011 - 4,299,434 shares 2010 - 4,166,034 shares (37,884) (35,885)
Accumulated other comprehensive loss (19,648) (19,648)
Total Stockholders' Equity 128,720 114,480
Total Liabilities and Stockholders' Equity 175,337 157,761
Non-Voting
   
Stockholders' Equity    
Common Stock, Value 0 0
Voting
   
Stockholders' Equity    
Common Stock, Value $ 23,209 $ 23,003