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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 5,667,000 $ 5,125,000
Adjustments to reconcile net income to net cash provided by (used in) used in operating activities:    
Depreciation and amortization 1,890,000 1,887,000
Provision for bad debts - accounts receivable 211,000 92,000
Share-based compensation expense 964,000 955,000
Deferred income tax (benefit) provision (881,000) 230,000
Loss (gain) on disposals of property, plant and equipment (12,000) 67,000
Accretion of acquisition-related contingent liability 65,000 64,000
Changes in assets and liabilities:    
Accounts receivable - trade (2,079,000) (8,591,000)
Accounts receivable - other 892,000 759,000
Inventories (2,493,000) (7,787,000)
Prepaid expenses and other current assets (1,419,000) 371,000
Other assets (41,000) (10,000)
Accounts payable 4,386,000 394,000
Other current liabilities (2,233,000) (2,521,000)
Long-term pension liability 567,000 5,000
Other long-term liabilities 40,000 40,000
Net cash provided by (used in) used in operating activities 5,548,000 (9,054,000)
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment $ (2,099,000) (1,097,000)
Proceeds from disposals of property, plant and equipment   104,000
Net cash used in investing activities $ (2,099,000) (993,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 25,040,000 35,337,000
Repayment of long-term debt (26,638,000) (24,562,000)
Payment of cash dividends (2,006,000) (1,695,000)
Proceeds received on exercise of stock options 1,383,000 685,000
Excess tax benefit from exercise of stock options and SARS 588,000 5,000
Net cash (used in) provided by financing activities (1,633,000) 9,770,000
Increase (decrease) in cash and cash equivalents 1,816,000 (277,000)
Cash and cash equivalents balance, beginning of year 4,586,000 5,316,000
Cash and cash equivalents balance, end of period $ 6,402,000 $ 5,039,000