10-K Filing

EASTERN CO CIK: 31107 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001654954-24-003010`
Period End Date	20231231
Filing Date	20240312
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	eml_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 114 Income Statement 48 Cash Flow Statement 94 Stockholders Equity 24 Comprehensive Income 12

Balance Sheet 114 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AccountsReceivableAllowanceForDoubtfulAccounts`	$564.82K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AccountsReceivableAllowanceForDoubtfulAccounts`	$676.68K	USD	Point-in-time
Voting Preferred Stock, par value (in dollars per share)	`VotingPreferredStockNoParValue`	-	USD	Point-in-time
Voting Preferred Stock, par value (in dollars per share)	`VotingPreferredStockNoParValue`	-	USD	Point-in-time
Voting Preferred Stock, shares authorized (in shares)	`VotingPreferredStockSharesAuthorizedInShares`	1.00M	shares	Point-in-time
Voting Preferred Stock, shares authorized (in shares)	`VotingPreferredStockSharesAuthorizedInShares`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.60M	USD	Point-in-time
Nonvoting Preferred Stock, par value (in dollars per share)	`NonvotingPreferredStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.30M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.19M	USD	Point-in-time
Nonvoting Preferred Stock, par value (in dollars per share)	`NonvotingPreferredStockNoParValue`	-	USD	Point-in-time
Marketable Securities	`MarketableSecuritiesCurrent`	$986.48K	USD	Point-in-time
Nonvoting Preferred Stock, shares authorized (in shares)	`NonvotingPreferredStockSharesAuthorizedInShares`	1.00M	shares	Point-in-time
Marketable Securities	`MarketableSecuritiesCurrent`	-	USD	Point-in-time
Nonvoting Preferred Stock, shares authorized (in shares)	`NonvotingPreferredStockSharesAuthorizedInShares`	1.00M	shares	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Accounts receivable, less allowances: 2023-$564,816; 2022-$676,678	`AccountsReceivableNetCurrent`	$42.89M	USD	Point-in-time
Accounts receivable, less allowances: 2023-$564,816; 2022-$676,678	`AccountsReceivableNetCurrent`	$37.06M	USD	Point-in-time
Common Stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common Stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Raw materials and component parts	`InventoryRawMaterialsAndSuppliesNetOfReserves`	$24.50M	USD	Point-in-time
Raw materials and component parts	`InventoryRawMaterialsAndSuppliesNetOfReserves`	$25.92M	USD	Point-in-time
Common Stock, shares issued (in shares)	`CommonStockSharesIssued`	9.06M	shares	Point-in-time
Common Stock, shares issued (in shares)	`CommonStockSharesIssued`	9.09M	shares	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$9.32M	USD	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	6.22M	shares	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$9.96M	USD	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	6.22M	shares	Point-in-time
Treasury Stock, shares (in shares)	`TreasuryStocksShares`	2.83M	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$29.39M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$24.82M	USD	Point-in-time
Treasury Stock, shares (in shares)	`TreasuryStocksShares`	2.87M	shares	Point-in-time
Inventories net	`InventoryNet`	$59.27M	USD	Point-in-time
Inventories net	`InventoryNet`	$64.64M	USD	Point-in-time
Current portion of note receivable	`NotesAndLoansReceivableNetCurrent`	$1.01M	USD	Point-in-time
Current portion of note receivable	`NotesAndLoansReceivableNetCurrent`	$573.27K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.05M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.60M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$112.24M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$125.32M	USD	Point-in-time
Land	`Land`	$824.34K	USD	Point-in-time
Land	`Land`	$824.34K	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$14.24M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$14.36M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$40.93M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$45.20M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$31.98M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$30.00M	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$26.11M	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$28.29M	USD	Point-in-time
Goodwill	`Goodwill`	$70.78M	USD	Point-in-time
Goodwill	`Goodwill`	$70.78M	USD	Point-in-time
Trademarks	`IndefiniteLivedTrademarks`	$5.51M	USD	Point-in-time
Trademarks	`IndefiniteLivedTrademarks`	$5.51M	USD	Point-in-time
Patents, technology and other intangibles net of accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$15.33M	USD	Point-in-time
Patents, technology and other intangibles net of accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$18.82M	USD	Point-in-time
Long term note receivable, less current portion	`NotesAndLoansReceivableNetNoncurrent`	$374.93K	USD	Point-in-time
Long term note receivable, less current portion	`NotesAndLoansReceivableNetNoncurrent`	$2.28M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$488.99K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.28M	USD	Point-in-time
Right of Use Assets	`OperatingLeaseRightOfUseAsset`	$17.24M	USD	Point-in-time
Right of Use Assets	`OperatingLeaseRightOfUseAsset`	$12.22M	USD	Point-in-time
Total Other Assets	`OtherAssets`	$111.51M	USD	Point-in-time
Total Other Assets	`OtherAssets`	$110.10M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$261.52M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$252.04M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.32M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.64M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$3.33M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$5.38M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$4.56M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$3.94M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$3.06M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$4.42M	USD	Point-in-time
Current portion of financing lease liability	`FinanceLeaseLiabilityCurrent`	$182.01K	USD	Point-in-time
Current portion of financing lease liability	`FinanceLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$9.01M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.87M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$42.73M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$46.98M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$640.72K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$754.76K	USD	Point-in-time
Operating lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$9.20M	USD	Point-in-time
Operating lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$12.81M	USD	Point-in-time
Financing lease liability, less current portion	`FinanceLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Financing lease liability, less current portion	`FinanceLeaseLiabilityNoncurrent`	$728.10K	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$55.14M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$41.06M	USD	Point-in-time
Accrued postretirement benefits	`OtherPostretirementBenefitsPayableNoncurrent`	$666.22K	USD	Point-in-time
Accrued postretirement benefits	`OtherPostretirementBenefitsPayableNoncurrent`	$554.76K	USD	Point-in-time
Accrued pension cost	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$22.17M	USD	Point-in-time
Accrued pension cost	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$21.03M	USD	Point-in-time
Total Liabilities	`Liabilities`	$119.56M	USD	Point-in-time
Total Liabilities	`Liabilities`	$134.91M	USD	Point-in-time
Common Stock, no par value, Authorized: 50,000,000 shares Issued: 9,091,815 shares in 2023 and 9,056,421 shares in 2022 Outstanding: 6,217,370 shares in 2023 and 6,221,976 shares in 2022	`CommonStockValue`	$33.59M	USD	Point-in-time
Common Stock, no par value, Authorized: 50,000,000 shares Issued: 9,091,815 shares in 2023 and 9,056,421 shares in 2022 Outstanding: 6,217,370 shares in 2023 and 6,221,976 shares in 2022	`CommonStockValue`	$33.95M	USD	Point-in-time
Treasury Stock: 2,874,445 shares in 2023 and 2,834,445 shares in 2022	`TreasuryStockValue`	$23.28M	USD	Point-in-time
Treasury Stock: 2,874,445 shares in 2023 and 2,834,445 shares in 2022	`TreasuryStockValue`	$22.54M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$144.81M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$138.99M	USD	Point-in-time
Foreign currency translation	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-866.60K	USD	Point-in-time
Foreign currency translation	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-1.14M	USD	Point-in-time
Unrealized gain on interest rate swap, net of tax	`UnrealisedLossGainOnInterestRateSwapNetOfTax`	$1.45M	USD	Point-in-time
Unrealized gain on interest rate swap, net of tax	`UnrealisedLossGainOnInterestRateSwapNetOfTax`	-	USD	Point-in-time
Unrecognized net pension and postretirement benefit costs, net of tax	`UnrecognizedNetPensionAndPostretirementBenefitCostsNetOfTax`	$-23.72M	USD	Point-in-time
Unrecognized net pension and postretirement benefit costs, net of tax	`UnrecognizedNetPensionAndPostretirementBenefitCostsNetOfTax`	$-22.13M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.99M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$132.48M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$114.60M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$126.61M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$261.52M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$252.04M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$273.45M	USD	Annual
Net sales	`Revenues`	$279.27M	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$208.50M	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$220.65M	USD	Annual
Gross margin	`GrossProfit`	$58.62M	USD	Annual
Gross margin	`GrossProfit`	$64.95M	USD	Annual
Product development expense	`ResearchAndDevelopmentExpense`	$4.24M	USD	Annual
Product development expense	`ResearchAndDevelopmentExpense`	$5.59M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$39.51M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$44.18M	USD	Annual
Restructuring costs	`RestructuringCosts`	-	USD	Annual
Restructuring costs	`RestructuringCosts`	$699.87K	USD	Annual
Operating profit	`OperatingIncomeLoss`	$15.18M	USD	Annual
Operating profit	`OperatingIncomeLoss`	$14.17M	USD	Annual
Interest expense	`InterestExpense`	$2.28M	USD	Annual
Interest expense	`InterestExpense`	$3.51M	USD	Annual
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-684.79K	USD	Annual
Other (expense) income	`OtherNonoperatingIncomeExpense`	$2.51M	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.99M	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.40M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$-3.35M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$-2.41M	USD	Annual
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$8.59M	USD	Annual
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$11.05M	USD	Annual
Gain from operations of discontinued units	`GainLossFromOperationsOfDiscontinuedUnits`	$1.36M	USD	Annual
Gain from operations of discontinued units	`GainLossFromOperationsOfDiscontinuedUnits`	-	USD	Annual
Gain (loss) on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	Annual
Gain (loss) on sale of businesses	`GainLossOnSaleOfBusiness`	$305.54K	USD	Annual
Income tax (expense) benefit	`IncomeTaxExpenseBenefitDiscontinuedOperations`	$-414.86K	USD	Annual
Income tax (expense) benefit	`IncomeTaxExpenseBenefitDiscontinuedOperations`	-	USD	Annual
Net gain (loss) on discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	Annual
Net gain (loss) on discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.25M	USD	Annual
Net Income	`NetIncomeLoss`	$12.30M	USD	Annual
Net Income	`NetIncomeLoss`	$8.59M	USD	Annual
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.38	USD	Annual
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.78	USD	Annual
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.37	USD	Annual
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.77	USD	Annual
Basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.20	USD	Annual
Basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	Annual
Diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.20	USD	Annual
Diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	Annual
Basic	`EarningsPerShareBasic`	$1.98	USD	Annual
Basic	`EarningsPerShareBasic`	$1.38	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.97	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.37	USD	Annual
Cash dividends per share:	`CommonStockDividendsPerShareCashPaid`	$0.44	USD	Annual
Cash dividends per share:	`CommonStockDividendsPerShareCashPaid`	$0.44	USD	Annual

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$12.30M	USD	Annual
Net income	`ProfitLoss`	$8.59M	USD	Annual
Less: Gain from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	Annual
Less: Gain from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.25M	USD	Annual
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$8.59M	USD	Annual
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$11.05M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.47M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.24M	USD	Annual
Reduction in carrying amount of ROU assets	`ReductionInCarryingAmountOfRightOfUseAssets`	$-3.52M	USD	Annual
Reduction in carrying amount of ROU assets	`ReductionInCarryingAmountOfRightOfUseAssets`	$-2.92M	USD	Annual
Change in operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$3.56M	USD	Annual
Change in operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$3.05M	USD	Annual
Unrecognized pension and postretirement benefits	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-3.58M	USD	Annual
Unrecognized pension and postretirement benefits	`IncreaseDecreaseInPensionAndPostretirementObligations`	$47.55K	USD	Annual
Loss (gain) on sale of equipment and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-274.24K	USD	Annual
Loss (gain) on sale of equipment and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$1.33M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$62.89K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$207.04K	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$966.16K	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$364.69K	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.12M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.05M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.77M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.08M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$6.02M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-5.30M	USD	Annual
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$427.47K	USD	Annual
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-293.35K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$193.78K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$356.64K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.74M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.19M	USD	Annual
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$617.00K	USD	Annual
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-923.15K	USD	Annual
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$3.91M	USD	Annual
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.30M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.46M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.48M	USD	Annual
Marketable securities	`PaymentsToAcquireMarketableSecurities`	$986.48K	USD	Annual
Marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	Annual
Business acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$444.84K	USD	Annual
Business acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Issuance of notes receivable	`PaymentsToAcquireNotesReceivable`	$400.00K	USD	Annual
Issuance of notes receivable	`PaymentsToAcquireNotesReceivable`	-	USD	Annual
Payments received from notes receivable	`ProceedsFromSaleOfNotesReceivable`	$2.44M	USD	Annual
Payments received from notes receivable	`ProceedsFromSaleOfNotesReceivable`	$870.77K	USD	Annual
Proceeds from sale of businesses	`ProceedsFromSaleOfBusinesses`	$5.81M	USD	Annual
Proceeds from sale of businesses	`ProceedsFromSaleOfBusinesses`	-	USD	Annual
Proceeds from sale of building and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.17M	USD	Annual
Proceeds from sale of building and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.37M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.43M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.43M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.09M	USD	Annual
Proceeds from issuance of long-term debt and notes payable	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from issuance of long-term debt and notes payable	`ProceedsFromIssuanceOfLongTermDebt`	$260.79K	USD	Annual
Proceeds from short term borrowings (revolver)	`ProceedsFromShortTermDebt`	-	USD	Annual
Proceeds from short term borrowings (revolver)	`ProceedsFromShortTermDebt`	$10.00M	USD	Annual
Principal payments on short-term borrowings (revolver)	`RepaymentsOfShortTermDebt`	$300.03K	USD	Annual
Principal payments on short-term borrowings (revolver)	`RepaymentsOfShortTermDebt`	-	USD	Annual
Proceeds from new long-term debt refinancing	`ProceedsFromNewLongTermDebtRefinancing`	$60.00M	USD	Annual
Proceeds from new long-term debt refinancing	`ProceedsFromNewLongTermDebtRefinancing`	-	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$17.51M	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$79.74M	USD	Annual
Financing leases, net	`FinancingLeasesNet`	$-636.93K	USD	Annual
Financing leases, net	`FinancingLeasesNet`	$283.85K	USD	Annual
Purchase common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$735.78K	USD	Annual
Purchase common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$1.64M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$2.77M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$2.74M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.90M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.90M	USD	Annual
Cash provided by operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	Annual
Cash provided by operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$3.14M	USD	Annual
Cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	-	USD	Annual
Cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$3.14M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-193.54K	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-37.55K	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.89M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.59M	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.60M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.30M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.19M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.60M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.30M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.19M	USD	Point-in-time
Interest	`InterestPaid`	$3.39M	USD	Annual
Interest	`InterestPaid`	$2.50M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$3.68M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$6.61M	USD	Annual
Right of use asset	`RightOfUseAssetNonCash`	$1.08M	USD	Annual
Right of use asset	`RightOfUseAssetNonCash`	$5.02M	USD	Annual
Lease liability	`NonCashLeaseLiability`	$-4.98M	USD	Annual
Lease liability	`NonCashLeaseLiability`	$-950.52K	USD	Annual

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`StockholdersEquity`	$132.48M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$114.60M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$126.61M	USD	Point-in-time
Net income	`NetIncomeLoss`	$12.30M	USD	Annual
Net income	`NetIncomeLoss`	$8.59M	USD	Annual
Cash dividends declared, $0.44 per share	`CashDividendsDeclared`	$-2.74M	USD	Annual
Currency translation adjustment	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-1.96M	USD	Annual
Currency translation adjustment	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$274.38K	USD	Annual
Change in fair value of interest rate swap	`ChangeInFairValueOfInterestRateSwap`	$-1.45M	USD	Annual
Change in fair value of interest rate swap	`ChangeInFairValueOfInterestRateSwap`	$1.81M	USD	Annual
Change in pension and other postretirement benefit costs, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.59M	USD	Annual
Change in pension and other postretirement benefit costs, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.27M	USD	Annual
Stock Options Exercised, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	Annual
Stock Options Exercised, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-58.52K	USD	Annual
Treasury Stock Purchase, amount	`TreasuryStockPurchasesAmount`	$-735.78K	USD	Annual
Treasury Stock Purchase, amount	`TreasuryStockPurchasesAmount`	$-1.64M	USD	Annual
Issuance of SARS	`IssuanceOfSars`	$504.69K	USD	Annual
Issuance of Common Stock for directors' fees, amount	`IssuanceofcommonstockForDirectorsFeeAmount`	$528.15K	USD	Annual
Issuance of Common Stock for directors' fees, amount	`IssuanceofcommonstockForDirectorsFeeAmount`	$519.98K	USD	Annual
Cash dividends declared,$0.44 per share	`CashDividendsDeclared044PerShare`	$-2.77M	USD	Annual
Issuance of stock awards, net, amount	`IssuanceOfStockAwardsNetAmount`	$-163.45K	USD	Annual
Balance, amount	`StockholdersEquity`	$132.48M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$114.60M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$126.61M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$12.30M	USD	Annual
Net income	`NetIncomeLoss`	$8.59M	USD	Annual
Change in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.96M	USD	Annual
Change in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$274.38K	USD	Annual
Change in fair value of interest rate swap, net of tax cost of: $(426,659) in 2023 and $531,425 in 2022	`ChangeInFairValueOfInterestRateSwapNetOfTax`	$1.81M	USD	Annual
Change in fair value of interest rate swap, net of tax cost of: $(426,659) in 2023 and $531,425 in 2022	`ChangeInFairValueOfInterestRateSwapNetOfTax`	$-1.45M	USD	Annual
Change in pension and other postretirement benefit costs, net of taxes of: $307,548 in 2023 and $941,964 in 2022	`ChangeInPensionAndOtherPostretirementBenefitCostsNetOfTaxes`	$3.27M	USD	Annual
Change in pension and other postretirement benefit costs, net of taxes of: $307,548 in 2023 and $941,964 in 2022	`ChangeInPensionAndOtherPostretirementBenefitCostsNetOfTaxes`	$1.59M	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$417.66K	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$3.12M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.42M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.