Escalade (ESCA) 10-Q 12 Nov 14 2014 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Oct. 04, 2014	Nov. 07, 2014
Document Information [Line Items]	'	'
Entity Registrant Name	'ESCALADE INC	'
Entity Central Index Key	'0000033488	'
Current Fiscal Year End Date	'--12-27	'
Entity Filer Category	'Smaller Reporting Company	'
Trading Symbol	'ESCA	'
Entity Common Stock, Shares Outstanding	'	13,951,848
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	4-Oct-14	'
Document Fiscal Period Focus	'Q3	'
Document Fiscal Year Focus	'2014	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Oct. 04, 2014	Dec. 28, 2013	Oct. 05, 2013
In Thousands, unless otherwise specified
Current Assets:	'	'	'
Cash and cash equivalents	$798	$1,091	$498
Time deposits	2,450	1,700	2,320
Receivables, less allowance of $844; $1,105; and $845; respectively	30,214	38,271	29,422
Inventories	33,182	18,941	29,667
Prepaid expenses	1,699	1,610	765
Deferred income tax benefit	2,302	2,189	1,452
Prepaid income tax	7,966	853	36
Assets held for sale	0	16,561	17,931
TOTAL CURRENT ASSETS	78,611	81,216	82,091
Property, plant and equipment, net	10,858	10,635	10,338
Intangible assets	9,145	10,999	9,682
Goodwill	13,242	13,113	12,017
Investments	18,782	19,455	17,903
Other assets	145	86	145
Assets held for sale	0	6,470	6,521
TOTAL ASSETS	130,783	141,974	138,697
Current Liabilities:	'	'	'
Notes payable	15,631	21,700	18,785
Current portion of long-term debt	1,586	1,563	1,563
Trade accounts payable	5,949	2,055	5,356
Accrued liabilities	11,003	11,521	11,258
Liabilities held for sale	0	6,840	7,266
TOTAL CURRENT LIABILITIES	34,169	43,679	44,228
Other Liabilities:	'	'	'
Long-term debt	3,360	4,946	5,196
Deferred income tax liability	5,456	5,394	3,826
TOTAL LIABILITIES	42,985	54,019	53,250
Stockholders' Equity:	'	'	'
Preferred stock: Authorized 1,000,000 shares; no par value, none issued	'	'	'
Common stock: Authorized 30,000,000 shares; no par value, issued and outstanding - 13,950,874; 13,656,557; and 13,533,183; shares respectively	13,951	13,657	13,533
Retained earnings	74,892	69,379	66,952
Accumulated other comprehensive income (loss)	-1,045	4,919	4,962
TOTAL STOCKHOLDERS' EQUITY	87,798	87,955	85,447
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$130,783	$141,974	$138,697

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Oct. 04, 2014	Dec. 28, 2013	Oct. 05, 2013
In Thousands, except Share data, unless otherwise specified
Receivables allowance (in dollars)	$844	$1,105	$845
Preferred stock, shares authorized	1,000,000	1,000,000	1,000,000
Preferred stock, shares issued	0	0	0
Common stock, shares authorized	30,000,000	30,000,000	30,000,000
Common stock, shares issued	13,950,874	13,656,557	13,533,183
Common stock, shares outstanding	13,950,874	13,656,557	13,533,183

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013
Net sales	$31,599	$31,559	$97,332	$94,827
Costs, Expenses and Other Income	'	'	'	'
Cost of products sold	21,945	21,923	67,102	63,931
Selling, administrative and general expenses	4,871	5,105	16,865	15,602
Amortization	567	544	1,894	1,801
Operating Income	4,216	3,987	11,471	13,493
Interest expense	133	89	324	322
Other expense (income)	-1,914	-931	-2,315	-865
Income Before Income Taxes from Continuing Operations	5,997	4,829	13,462	14,036
Provision for Income Taxes from Continuing Operations	2,160	1,454	4,594	4,569
Net Income from Continuing Operations	3,837	3,375	8,868	9,467
Discontinued Operations	'	'	'	'
Loss from operations	-379	-829	-395	-2,135
Loss on classification as held for sale	0	0	-12,945	0
Gain on disposal (includes $2,565 of accumulated other comprehensive income reclassification from foreign currency translation adjustment)	5,591	0	6,138	0
Provision (benefit) for income taxes	-4,572	33	-6,121	577
Net Income (Loss) from Discontinued Operations	9,784	-862	-1,081	-2,712
Net Income	$13,621	$2,513	$7,787	$6,755
Basic Earnings Per Share Data:	'	'	'	'
Income from continuing operations (in dollars per share)	$0.28	$0.25	$0.64	$0.70
Income (Loss) from discontinued operations (in dollars per share)	$0.70	($0.06)	($0.08)	($0.20)
Net Income (in dollars per share)	$0.98	$0.19	$0.56	$0.50
Diluted Earnings Per Share Data:	'	'	'	'
Income from continuing operations (in dollars per share)	$0.27	$0.24	$0.63	$0.69
Income (Loss) from discontinued operations (in dollars per share)	$0.69	($0.06)	($0.08)	($0.19)
Net Income (in dollars per share)	$0.96	$0.18	$0.55	$0.50
Dividends declared (in dollars per share)	$0.10	$0.09	$0.19	$0.25

CONSOLIDATED_STATEMENTS_OF_OPE1

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax	$2,565	$0	$2,565	$0

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013
Net Income	$13,621	$2,513	$7,787	$6,755
Foreign currency translation adjustment before reclassifications	-2,661	1,137	-3,399	869
Amounts reclassified from comprehensive income due to divesture	-2,565	0	-2,565	0
Comprehensive Income	$8,395	$3,650	$1,823	$7,624

CONSOLIDATED_CONDENSED_STATEME

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Oct. 04, 2014	Oct. 05, 2013
Operating Activities:	'	'
Net income	$7,787	$6,755
Depreciation and amortization	3,331	2,738
Gain on disposal of property and equipment	-1	0
Stock-based compensation	447	439
Additional discontinued operations activities	2,722	1,799
Adjustments necessary to reconcile net income to net cash provided by operating activities	-5,198	-7,153
Net cash provided by operating activities	9,088	4,578
Investing Activities:	'	'
Purchase of property and equipment	-1,680	-1,740
Purchase of short-term time deposits	-2,000	-1,820
Acquisitions	-162	0
Proceeds from sale of property and equipment	17	1
Proceeds from disposal of short-term time deposits	1,250	700
Discontinued operations activities	5,700	-132
Net cash provided (used) by investing activities	3,125	-2,991
Financing Activities:	'	'
Net (decrease) increase in notes payable	-6,069	3,546
Net increase (decrease) in overdraft facility	0	-1,831
Principal payments on long-term debt	-1,562	-2,041
Proceeds from restated credit agreement	0	1,000
Proceeds from exercise of stock options	1,354	168
Cash dividends paid	-3,894	-3,382
Director stock compensation	114	139
Net cash used by financing activities	-10,057	-2,401
Effect of exchange rate changes on cash	-3,704	71
Net decrease in cash and cash equivalents	-1,548	-743
Cash and cash equivalents, beginning of period (includes $1,255 and $1,050 respectively of cash reported as assets held for sale)	1,091	2,544
Cash and cash equivalents, end of period (includes zero and $1,303 respectively of cash reported as assets held for sale)	798	498
Supplemental Cash Flows Information	'	'
Dividends payable	45	50
Seller note issued in purchase of real estate	$0	$2,300

CONSOLIDATED_CONDENSED_STATEME1

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Parenthetical) (USD $)	Oct. 04, 2014	Dec. 28, 2013	Oct. 05, 2013	Dec. 29, 2012
In Thousands, unless otherwise specified
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents	$0	$1,255	$1,303	$1,050

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Oct. 04, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	Note A – Summary of Significant Accounting Policies
	Presentation of Consolidated Condensed Financial Statements – Except for the adoption of Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2014-08 “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity” (see Note M), the significant accounting policies followed by the Company and its wholly owned subsidiaries for interim financial reporting are consistent with the accounting policies followed for annual financial reporting. All adjustments that are of a normal recurring nature and are in the opinion of management necessary for a fair statement of the results for the periods reported have been included in the accompanying consolidated condensed financial statements. The consolidated condensed balance sheet of the Company as of December 28, 2013 has been derived from the audited consolidated balance sheet of the Company as of that date. Certain information and note disclosures normally included in the Company’s annual financial statements prepared in accordance with generally accepted accounting principles (GAAP) in the United States of America have been condensed or omitted. These consolidated condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Form 10-K annual report for 2013 filed with the Securities and Exchange Commission.

Seasonal_Aspects

Seasonal Aspects	9 Months Ended
	Oct. 04, 2014
Accounting Policies [Abstract]	'
Seasonal Aspects [Text Block]	'
	Note B - Seasonal Aspects
	The results of operations for the three and nine month periods ended October 4, 2014 and October 5, 2013 are not necessarily indicative of the results to be expected for the full year.

Inventories

Inventories	9 Months Ended
	Oct. 04, 2014
Inventory Disclosure [Abstract]	'
Inventory Disclosure [Text Block]	'
	Note C - Inventories
	In thousands	October 4, 2014		December 28, 2013		October 5, 2013
	Raw materials	$	6,125	$	3,317	$	4,477
	Work in progress		5,269		3,357		4,299
	Finished goods		21,788		12,267		20,891
		$	33,182	$	18,941	$	29,667
	Additionally, the Company had inventory totaling, zero, $9,366 and $10,989 that has been reclassified to assets held for sale at October 4, 2014, December 28, 2013 and October 5, 2013, respectively.

Equity_Interest_Investments

Equity Interest Investments	9 Months Ended
	Oct. 04, 2014
Equity Method Investments and Joint Ventures [Abstract]	'
Equity Method Investments Disclosure [Text Block]	'
	Note D – Equity Interest Investments
	The Company has a 50% interest in a joint venture, Stiga Sports AB (Stiga). The joint venture is accounted for under the equity method of accounting. Stiga, located in Sweden, is a global sporting goods company producing table tennis equipment and game products. Financial information for Stiga reflected in the table below has been translated from local currency to U.S. dollars using exchange rates in effect at the respective period-end for balance sheet amounts, and using average exchange rates for statement of operations amounts. Certain differences exist between U.S. GAAP and local GAAP in Sweden, and the impact of these differences is not reflected in the summarized information reflected in the table below. The most significant difference relates to the accounting for goodwill for Stiga which is amortized over eight years in Sweden but is not amortized for U.S. GAAP reporting purposes. The effect on Stiga’s net assets resulting from the amortization of goodwill for the periods ended October 4, 2014 and October 5, 2013 are addbacks to Stiga’s consolidated financial information of $12.4 million and $13.0 million, respectively. These net differences are comprised of cumulative goodwill adjustments of $17.3 million offset by the related cumulative tax effect of $4.9 million as of October 4, 2014 and cumulative goodwill adjustments of $18.2 million offset by the related cumulative tax effect of $5.2 million as of October 5, 2013. The Company’s 50% portion of the statement of operations impact of these goodwill and tax adjustments and other individually insignificant U.S. GAAP adjustments for the periods ended October 4, 2014, and October 5, 2013 are to increase Stiga’s net income by approximately $0.3 million and $0.6 million, respectively. The Company’s 50% portion of net income for Stiga for the periods ended October 4, 2014 and October 5, 2013 was $2.2 million and $1.3 million, respectively, and is included in other income (expense) on the Company’s statements of operations.
	Summarized financial information for Stiga Sports AB balance sheets as of October 4, 2014, December 28, 2013, and October 5, 2013 and statements of operations for the three months and nine months ended October 4, 2014 and October 5, 2013 is as follows:
	In thousands	October 4,		December 28, 2013		October 5,
		2014				2013
	Current assets	$	33,046	$	31,399	$	29,894
	Non-current assets		8,064		8,967		10,075
	Total assets		41,110		40,366		39,969
	Current liabilities		10,921		10,019		12,358
	Non-current liabilities		4,370		4,893		5,454
	Total liabilities		15,291		14,912		17,812
	Net assets	$	25,819	$	25,454	$	22,157
		Three Months Ended				Nine Months Ended
		October 4, 2014		October 5, 2013		October 4, 2014		October 5, 2013
	Net sales	$	17,206	$	11,520	$	33,944	$	26,285
	Gross profit		8,308		5,957		16,654		13,412
	Net income		3,581		1,471		3,969		1,475

Notes_Payable

Notes Payable	9 Months Ended
	Oct. 04, 2014
Notes Payable [Abstract]	'
Mortgage Notes Payable Disclosure [Text Block]	'
	Note E – Notes Payable
	On October 1, 2014, the Company and each of its domestic subsidiaries entered into the Third Amendment to its First Amended and Restated Credit Agreement dated August 27, 2013 (“Restated Credit Agreement”) with its issuing bank, JPMorgan Chase Bank, N.A., and the other lenders identified in the Restated Credit Agreement (collectively, the “Lender”). The Third Amendment was entered into to permit the Company to sell the Information Security Business.
	On June 30, 2014, the Company and each of its domestic subsidiaries entered into the Second Amendment to its First Amended and Restated Credit Agreement dated August 27, 2013 with its Lender.
	Under the terms of the Second Amendment to the Restated Credit Agreement, the Lender permitted Escalade to sell assets related to its Print Finishing business held by its subsidiary Martin Yale Industries, Inc. The Second Amendment to the Restated Credit Agreement also permitted Escalade and its subsidiaries that are parties to the Restated Credit Agreement to extend up to an additional €1.0 million in credit to Escalade’s German subsidiary, intimus International GmbH.

Income_Taxes

Income Taxes	9 Months Ended
	Oct. 04, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	Note F – Income Taxes
	The provision for income taxes was computed based on financial statement income. In accordance with FASB Accounting Standards Codification (ASC) 740, the Company has recorded the following changes in uncertain tax positions:
		Nine Months Ended
	In thousands	October 4, 2014		October 5, 2013
	Beginning balance	$	--	$	--
	Additions for current year tax positions		751		--
	Additions for prior year tax positions		--		--
	Settlements		--		--
	Reductions or settlements		-751		--
	Reductions for prior year tax positions		--		--
	Ending balance	$	--	$	--

Fair_Values_of_Financial_Instr

Fair Values of Financial Instruments	9 Months Ended
	Oct. 04, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	Note G – Fair Values of Financial Instruments
	The following methods were used to estimate the fair value of all financial instruments recognized in the accompanying balance sheets at amounts other than fair values.
	Cash and Cash Equivalents and Time Deposits
	Fair values of cash and cash equivalents and time deposits approximate cost due to the short period of time to maturity.
	Notes Payable and Long-term Debt
	Fair values of notes payable and long-term debt is estimated based on borrowing rates currently available to the Company for bank loans with similar terms and maturities and determined through the use of a discounted cash flow model.
	The following table presents estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall in accordance with FASB ASC 825 at October 4, 2014, December 28, 2013 and October 5, 2013.
				Fair Value Measurements Using
	October 4, 2014	Carrying Amount		Quoted Prices in Active Markets for		Significant Other Observable Inputs		Significant Unobservable Inputs (Level 3)
	In thousands			Identical Assets (Level 1)		(Level 2)
	Financial assets
	Cash and cash equivalents	$	798	$	798	$	--	$	--
	Time deposits	$	2,450	$	2,450	$	--	$	--
	Financial liabilities
	Notes payable	$	15,631	$	--	$	15,631	$	--
	Current portion of Long-term debt	$	1,586	$	--	$	1,586	$	--
	Long-term debt	$	3,360	$	--	$	3,360	$	--
				Fair Value Measurements Using
	December 28, 2013	Carrying Amount		Quoted Prices in Active Markets for		Significant Other Observable Inputs		Significant Unobservable Inputs (Level 3)
	In thousands			Identical Assets (Level 1)		(Level 2)
	Financial assets
	Cash and cash equivalents	$	2,346	$	2,346	$	--	$	--
	Time deposits	$	1,700	$	1,700	$	--	$	--
	Financial liabilities
	Notes payable	$	21,700	$	--	$	21,700	$	--
	Current portion of Long-term debt	$	1,563	$	--	$	1,563	$	--
	Long-term debt	$	4,946	$	--	$	4,946	$	--
				Fair Value Measurements Using
	October 5, 2013	Carrying Amount		Quoted Prices in Active Markets for		Significant Other Observable Inputs		Significant Unobservable Inputs (Level 3)
	In thousands			Identical Assets (Level 1)		(Level 2)
	Financial assets
	Cash and cash equivalents	$	1,801	$	1,801	$	--	$	--
	Time deposits	$	2,320	$	2,320	$	--	$	--
	Financial liabilities
	Notes payable	$	18,785	$	--	$	18,785	$	--
	Current portion of Long-term debt	$	1,563	$	--	$	1,563	$	--
	Long-term debt	$	5,196	$	--	$	5,196	$	--
	The outstanding balance of the euro overdraft facility is included in Notes payable. For the periods ended October 4, 2014, December 28, 2013, and October 5, 2013, the balance of the euro overdraft facility was zero, zero, and $0.6 million, respectively.

Stock_Compensation

Stock Compensation	9 Months Ended
	Oct. 04, 2014
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	Note H – Stock Compensation
	The fair value of stock-based compensation is recognized in accordance with the provisions of FASB ASC 718, Stock Compensation.
	During the nine months ended October 4, 2014 and pursuant to the 2007 Incentive Plan, in lieu of director fees, the Company awarded to certain directors 5,242 shares of common stock. In addition, the Company awarded 25,000 stock options to directors and 50,000 restricted stock units to employees. The stock options awarded to directors vest at the end of one year and have an exercise price equal to the market price on the date of grant. Director stock options are subject to forfeiture, except for termination of services as a result of retirement, death or disability, if on the vesting date the director no longer holds a position with the Company. The 2014 restricted stock units awarded to employees vest over four years (one-third two years from grant date, one-third three years from grant date and one-third four years from grant date) provided that the employee is still employed by the Company and that the performance criteria related to the market price of the Company’s stock is satisfied. The criteria is for any 30 consecutive trading days on the NASDAQ Stock Market (or such other principal securities exchange on which the Company’s shares of common stock are then traded) during the period beginning on the grant date and ending on the fourth anniversary thereof, the cumulative average Volume Weighted Average Price per share is at least 15% higher than the closing price per share on the grant date plus any incremental dividends paid above the current quarterly dividend rate of $0.09 per share by the Company during such four year period. The performance criteria for the 2014 restricted stock units awarded to employees was satisfied during the second quarter of 2014. The Company utilizes the Black-Scholes option pricing model to determine the fair value of stock options granted and utilizes the Monte Carlo technique to determine the fair value of restricted stock units granted.
	For the three months and nine months ended October 4, 2014, the Company recognized stock based compensation expense of $161 thousand and $561 thousand, respectively, compared to stock based compensation expense of $177 thousand and $578 thousand for the same periods in the prior year. At October 4, 2014 and October 5, 2013, respectively, there was $771 thousand and $889 thousand in unrecognized stock-based compensation expense related to non-vested stock awards.

Discontinued_Operations

Discontinued Operations	9 Months Ended
	Oct. 04, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	'
	Note I – Discontinued Operations
	On October 1, 2014, the Company completed the sale of the Information Security business. The sale of the Information Security business, coupled with the previously announced sale of our Print Finishing business on June 30, 2014, represents the Company’s exit from the Information Security and Print Finishing segment. As a result, the Information Security and Print Finishing segment has been classified as discontinued operations for all periods presented and certain assets and liabilities in prior periods are classified as held for sale.
	As a result of the divestiture of the Information Security and Print Finishing segment, the Company incurred a loss on disposal of assets of $9.4 million, income from reclassification of accumulated other comprehensive income from foreign currency translation adjustments of $2.6 million and a tax benefit of $6.1 million. Favorable tax treatment on the divestiture coupled with the release of previously reserved net operating and capital loss carryovers increased the tax benefit by approximately $4.6 million in the third quarter. Under the terms of the final purchase agreement of the Information Security business divestiture, the Company contributed to its international Information Security operations, all claims related to intercompany debt of this operation prior to the divestiture operations. The Company also assumed the foreign tax liability related to this gain; however, it was able to utilize previously reserved net operating losses carry-forwards to offset the majority of the related tax liability.
	As of the second quarter of 2014, the Company determined the carrying value of the Information Security business assets was greater than their fair value, less the cost to sell the Information Security business, resulting in an impairment of certain accounts receivables, inventories, long-lived assets, intangible assets and other assets totaling $12.9 million. The impairment charge reduced the carrying value of intangible assets to fair value and the remaining assets to the lower of their carrying amount or fair value less cost to sell. The fair value for these assets was determined by estimating the most likely sale price with a third-party buyer based on market data. Because of the significance of the unobservable inputs and management’s judgment used in the assets held for sale analysis, these measurements were classified in level three of the valuation hierarchy.
	The results of operations presented as discontinued operations are summarized below.
		Three Months Ended				Nine Months Ended
	All Amounts in Thousands	October 4, 2014		October 5, 2013		October 4, 2014		October 5, 2013
	Net sales	$	4,957	$	6,923	$	20,865	$	22,478
	Cost of products sold		3,530		5,021		13,812		15,278
	Selling, administrative and general expenses		1,830		2,643		7,297		9,044
	Amortization		--		--		--		18
	Interest expense (income)		-24		88		138		275
	Other expense (income)		--		--		13		-2
	Income (Loss) Before Income Taxes		-379		-829		-395		-2,135
	Discontinued Operations
	Loss on classification as held for sale		--		--		-12,945		--
	Gain on disposal		5,591		--		6,138		--
	Provision (benefit) for income taxes		-4,572		33		-6,121		577
	Net Income (Loss) from Discontinued Operations	$	9,784	$	-862	$	-1,081	$	-2,712
	The assets and liabilities held for sale are summarized below.
	All Amounts in Thousands	October 4,		December 28,		October 5,
		2014		2013		2013
	ASSETS
	Cash and cash equivalents	$	--	$	1,255	$	1,303
	Receivables, net		--		5,480		4,945
	Inventories		--		9,366		10,989
	Prepaid expenses		--		429		668
	Property, plant and equipment, net		--		4,323		4,406
	Intangible assets		--		1,754		1,734
	Investments		--		331		329
	Other assets		--		93		78
	Assets held for sale	$	--	$	23,031	$	24,452
	LIABILITIES
	Trade accounts payable	$	--	$	428	$	1,113
	Accrued liabilities		--		6,412		6,153
	Liabilities held for sale	$	--	$	6,840	$	7,266

Segment_Information

Segment Information	9 Months Ended
	Oct. 04, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	Note J - Segment Information
	The Information Security and Print Finishing segment has been classified as discontinued operations for all periods presented.
		For the Three Months
		Ended October 4, 2014
	In thousands	Sporting Goods		Discontinued Operations		Corp.		Total
	Revenues from external customers	$	31,599	$	4,957	$	--	$	36,556
	Operating income (loss)		5,113		-403		-897		3,813
	Net income		3,103		9,784		734		13,621
		As of and for the Nine Months
		Ended October 4, 2014
	In thousands	Sporting Goods		Discontinued Operations		Corp.		Total
	Revenues from external customers	$	97,332	$	20,865	$	--	$	118,197
	Operating income (loss)		14,580		-244		-3,109		11,227
	Net income (loss)		8,866		-1,081		2		7,787
	Total assets	$	97,343	$	--	$	33,440	$	130,783
		For the Three Months
		Ended October 5, 2013
	In thousands	Sporting Goods		Discontinued Operations		Corp.		Total
	Revenues from external customers	$	31,559	$	6,923	$	--	$	38,482
	Operating income (loss)		4,680		-741		-693		3,245
	Net income (loss)		2,813		-862		562		2,513
		As of and for the Nine Months
		Ended October 5, 2013
	In thousands	Sporting Goods		Discontinued Operations		Corp.		Total
	Revenues from external customers	$	94,827	$	22,478	$	--	$	117,305
	Operating income (loss)		15,782		-1,862		-2,289		11,630
	Net income (loss)		9,477		-2,712		-10		6,755
	Total assets	$	90,189	$	24,625	$	23,883	$	138,697

Dividend_Payment

Dividend Payment	9 Months Ended
	Oct. 04, 2014
Accounting Policies [Abstract]	'
Dividend Payment Terms [Text Block]	'
	Note K – Dividend Payment
	On November 6, 2014, the Company’s Board of Directors declared a quarterly dividend of $0.10 per common share to all shareholders of record on December 12, 2014 to be disbursed on December 19, 2014. The total amount of the dividend will be approximately $1.4 million and will be charged against retained earnings.
	On August 21, 2014, the Company paid a quarterly dividend of $0.10 per common share to all shareholders of record on September 14, 2014. The total amount of the dividend was approximately $1.4 million and was charged against retained earnings.
	On June 19, 2014, the Company paid a quarterly dividend of $0.09 per common share to all shareholders of record on June 12, 2014. The total amount of the dividend was approximately $1.3 million and was charged against retained earnings.
	On March 20, 2014, the Company paid a quarterly dividend of $0.09 per common share to all shareholders of record on March 13, 2014. The total amount of the dividend was approximately $1.2 million and was charged against retained earnings.

Earnings_Per_Share

Earnings Per Share	9 Months Ended
	Oct. 04, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	Note L - Earnings Per Share
	The shares used in computation of the Company’s basic and diluted earnings per common share are as follows:
		Three Months Ended				Nine Months Ended
	In thousands	October 4, 2014		October 5, 2013		October 4, 2014		October 5, 2013
	Weighted average common shares outstanding		13,922		13,520		13,821		13,484
	Dilutive effect of stock options and restricted stock units		264		179		257		148
	Weighted average common shares outstanding, assuming dilution		14,186		13,699		14,078		13,632
	Stock options that are anti-dilutive as to earnings per share and unvested restricted stock units which have a market condition for vesting that has not been achieved are ignored in the computation of dilutive earnings per share. The number of stock options and restricted stock units that were excluded in 2014 and 2013 were zero and 522,750, respectively.

New_Accounting_Standards

New Accounting Standards	9 Months Ended
	Oct. 04, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	'
	Note M – New Accounting Standards
	With the exception of that discussed below, there have been no recent accounting pronouncements or changes in accounting pronouncements during the nine months ended October 4, 2014, as compared to the recent accounting pronouncements described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 28, 2013, that are of significance, or potential significance to the Company.
	In April 2014, the FASB issued ASU 2014-08 “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” ASU 2014-08 provides a narrower definition of discontinued operations than under existing GAAP. The standard update requires that only disposals of components of an entity (or groups of components) that represent a strategic shift that has or will have a major effect on the reporting entity’s operations are reported in the financial statements as discontinued operations. The standard also provides guidance on the financial statement presentations and disclosures of discontinued operations. The ASU is effective prospectively for disposals (or classifications of businesses as held-for-sale) of components of an entity that occur in annual or interim periods beginning after December 15, 2014 and early adoption is permitted. We early adopted ASU 2014-08 effective in the second quarter of 2014.
	In May 2014, the FASB issued ASU 2014-09 "Revenue from Contracts with Customers" (ASU 2014-09). ASU 2014-09 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. In adopting ASU 2014-09, companies may use either a full retrospective or a modified retrospective approach. ASU 2014-09 is effective for the first interim period within annual reporting periods beginning after December 15, 2016, and early adoption is not permitted. Management is evaluating the provisions of this statement and has not determined what impact the adoption of ASU 2014-09 will have on the Company's financial position or results of operations.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Oct. 04, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	Note N – Commitments and Contingencies
	The Company is involved in litigation arising in the normal course of business. The Company does not believe that the disposition or ultimate resolution of existing claims or lawsuits will have a material adverse effect on the business or financial condition of the Company.

Subsequent_Events

Subsequent Events	9 Months Ended
	Oct. 04, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	Note O – Subsequent Events
	On October 22, 2014, the Company acquired substantially all the business and assets of Cue & Case Sales, Inc., a leader in specialty billiard accessories. The total purchase price of $10.4 million was paid in cash and was comprised of inventory, receivables, customer lists, non-compete agreement, fixed assets and other assets.
	On October 27, 2014, the Company acquired an additional facility in Evansville, Indiana for $650 thousand to expand our archery operations to better serve our long term plans.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 04, 2014
Accounting Policies [Abstract]	'
Consolidation, Policy [Policy Text Block]	'
	Presentation of Consolidated Condensed Financial Statements – Except for the adoption of Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2014-08 “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity” (see Note M), the significant accounting policies followed by the Company and its wholly owned subsidiaries for interim financial reporting are consistent with the accounting policies followed for annual financial reporting. All adjustments that are of a normal recurring nature and are in the opinion of management necessary for a fair statement of the results for the periods reported have been included in the accompanying consolidated condensed financial statements. The consolidated condensed balance sheet of the Company as of December 28, 2013 has been derived from the audited consolidated balance sheet of the Company as of that date. Certain information and note disclosures normally included in the Company’s annual financial statements prepared in accordance with generally accepted accounting principles (GAAP) in the United States of America have been condensed or omitted. These consolidated condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Form 10-K annual report for 2013 filed with the Securities and Exchange Commission.

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Oct. 04, 2014
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
	In thousands	October 4, 2014		December 28, 2013		October 5, 2013
	Raw materials	$	6,125	$	3,317	$	4,477
	Work in progress		5,269		3,357		4,299
	Finished goods		21,788		12,267		20,891
		$	33,182	$	18,941	$	29,667

Equity_Interest_Investments_Ta

Equity Interest Investments (Tables)	9 Months Ended
	Oct. 04, 2014
Equity Method Investments and Joint Ventures [Abstract]	'
Schedule of Joint Ventures Balance Sheet Information [Table Text Block]	'
	Summarized financial information for Stiga Sports AB balance sheets as of October 4, 2014, December 28, 2013, and October 5, 2013 and statements of operations for the three months and nine months ended October 4, 2014 and October 5, 2013 is as follows:
	In thousands	October 4,		December 28, 2013		October 5,
		2014				2013
	Current assets	$	33,046	$	31,399	$	29,894
	Non-current assets		8,064		8,967		10,075
	Total assets		41,110		40,366		39,969
	Current liabilities		10,921		10,019		12,358
	Non-current liabilities		4,370		4,893		5,454
	Total liabilities		15,291		14,912		17,812
	Net assets	$	25,819	$	25,454	$	22,157
Schedule of Joint Ventures Income Statement Information [Table Text Block]	'
		Three Months Ended				Nine Months Ended
		October 4, 2014		October 5, 2013		October 4, 2014		October 5, 2013
	Net sales	$	17,206	$	11,520	$	33,944	$	26,285
	Gross profit		8,308		5,957		16,654		13,412
	Net income		3,581		1,471		3,969		1,475

Income_Taxes_Tables

Income Taxes (Tables)	9 Months Ended
	Oct. 04, 2014
Income Tax Disclosure [Abstract]	'
Summary of Income Tax Contingencies [Table Text Block]	'
	The provision for income taxes was computed based on financial statement income. In accordance with FASB Accounting Standards Codification (ASC) 740, the Company has recorded the following changes in uncertain tax positions:
		Nine Months Ended
	In thousands	October 4, 2014		October 5, 2013
	Beginning balance	$	--	$	--
	Additions for current year tax positions		751		--
	Additions for prior year tax positions		--		--
	Settlements		--		--
	Reductions or settlements		-751		--
	Reductions for prior year tax positions		--		--
	Ending balance	$	--	$	--

Fair_Values_of_Financial_Instr1

Fair Values of Financial Instruments (Tables)	9 Months Ended
	Oct. 04, 2014
Fair Value Disclosures [Abstract]	'
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
	The following table presents estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall in accordance with FASB ASC 825 at October 4, 2014, December 28, 2013 and October 5, 2013.
				Fair Value Measurements Using
	October 4, 2014	Carrying Amount		Quoted Prices in Active Markets for		Significant Other Observable Inputs		Significant Unobservable Inputs (Level 3)
	In thousands			Identical Assets (Level 1)		(Level 2)
	Financial assets
	Cash and cash equivalents	$	798	$	798	$	--	$	--
	Time deposits	$	2,450	$	2,450	$	--	$	--
	Financial liabilities
	Notes payable	$	15,631	$	--	$	15,631	$	--
	Current portion of Long-term debt	$	1,586	$	--	$	1,586	$	--
	Long-term debt	$	3,360	$	--	$	3,360	$	--
				Fair Value Measurements Using
	December 28, 2013	Carrying Amount		Quoted Prices in Active Markets for		Significant Other Observable Inputs		Significant Unobservable Inputs (Level 3)
	In thousands			Identical Assets (Level 1)		(Level 2)
	Financial assets
	Cash and cash equivalents	$	2,346	$	2,346	$	--	$	--
	Time deposits	$	1,700	$	1,700	$	--	$	--
	Financial liabilities
	Notes payable	$	21,700	$	--	$	21,700	$	--
	Current portion of Long-term debt	$	1,563	$	--	$	1,563	$	--
	Long-term debt	$	4,946	$	--	$	4,946	$	--
				Fair Value Measurements Using
	October 5, 2013	Carrying Amount		Quoted Prices in Active Markets for		Significant Other Observable Inputs		Significant Unobservable Inputs (Level 3)
	In thousands			Identical Assets (Level 1)		(Level 2)
	Financial assets
	Cash and cash equivalents	$	1,801	$	1,801	$	--	$	--
	Time deposits	$	2,320	$	2,320	$	--	$	--
	Financial liabilities
	Notes payable	$	18,785	$	--	$	18,785	$	--
	Current portion of Long-term debt	$	1,563	$	--	$	1,563	$	--
	Long-term debt	$	5,196	$	--	$	5,196	$	--

Discontinued_Operations_Tables

Discontinued Operations (Tables)	9 Months Ended
	Oct. 04, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]	'
	The results of operations presented as discontinued operations are summarized below.
		Three Months Ended				Nine Months Ended
	All Amounts in Thousands	October 4, 2014		October 5, 2013		October 4, 2014		October 5, 2013
	Net sales	$	4,957	$	6,923	$	20,865	$	22,478
	Cost of products sold		3,530		5,021		13,812		15,278
	Selling, administrative and general expenses		1,830		2,643		7,297		9,044
	Amortization		--		--		--		18
	Interest expense (income)		-24		88		138		275
	Other expense (income)		--		--		13		-2
	Income (Loss) Before Income Taxes		-379		-829		-395		-2,135
	Discontinued Operations
	Loss on classification as held for sale		--		--		-12,945		--
	Gain on disposal		5,591		--		6,138		--
	Provision (benefit) for income taxes		-4,572		33		-6,121		577
	Net Income (Loss) from Discontinued Operations	$	9,784	$	-862	$	-1,081	$	-2,712
	The assets and liabilities held for sale are summarized below.
	All Amounts in Thousands	October 4,		December 28,		October 5,
		2014		2013		2013
	ASSETS
	Cash and cash equivalents	$	--	$	1,255	$	1,303
	Receivables, net		--		5,480		4,945
	Inventories		--		9,366		10,989
	Prepaid expenses		--		429		668
	Property, plant and equipment, net		--		4,323		4,406
	Intangible assets		--		1,754		1,734
	Investments		--		331		329
	Other assets		--		93		78
	Assets held for sale	$	--	$	23,031	$	24,452
	LIABILITIES
	Trade accounts payable	$	--	$	428	$	1,113
	Accrued liabilities		--		6,412		6,153
	Liabilities held for sale	$	--	$	6,840	$	7,266

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Oct. 04, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
	The Information Security and Print Finishing segment has been classified as discontinued operations for all periods presented.
		For the Three Months
		Ended October 4, 2014
	In thousands	Sporting Goods		Discontinued Operations		Corp.		Total
	Revenues from external customers	$	31,599	$	4,957	$	--	$	36,556
	Operating income (loss)		5,113		-403		-897		3,813
	Net income		3,103		9,784		734		13,621
		As of and for the Nine Months
		Ended October 4, 2014
	In thousands	Sporting Goods		Discontinued Operations		Corp.		Total
	Revenues from external customers	$	97,332	$	20,865	$	--	$	118,197
	Operating income (loss)		14,580		-244		-3,109		11,227
	Net income (loss)		8,866		-1,081		2		7,787
	Total assets	$	97,343	$	--	$	33,440	$	130,783
		For the Three Months
		Ended October 5, 2013
	In thousands	Sporting Goods		Discontinued Operations		Corp.		Total
	Revenues from external customers	$	31,559	$	6,923	$	--	$	38,482
	Operating income (loss)		4,680		-741		-693		3,245
	Net income (loss)		2,813		-862		562		2,513
		As of and for the Nine Months
		Ended October 5, 2013
	In thousands	Sporting Goods		Discontinued Operations		Corp.		Total
	Revenues from external customers	$	94,827	$	22,478	$	--	$	117,305
	Operating income (loss)		15,782		-1,862		-2,289		11,630
	Net income (loss)		9,477		-2,712		-10		6,755
	Total assets	$	90,189	$	24,625	$	23,883	$	138,697

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	9 Months Ended
	Oct. 04, 2014
Earnings Per Share [Abstract]	'
Schedule of Weighted Average Number of Shares [Table Text Block]	'
	The shares used in computation of the Company’s basic and diluted earnings per common share are as follows:
		Three Months Ended				Nine Months Ended
	In thousands	October 4, 2014		October 5, 2013		October 4, 2014		October 5, 2013
	Weighted average common shares outstanding		13,922		13,520		13,821		13,484
	Dilutive effect of stock options and restricted stock units		264		179		257		148
	Weighted average common shares outstanding, assuming dilution		14,186		13,699		14,078		13,632

Inventories_Details

Inventories (Details) (USD $)	Oct. 04, 2014	Dec. 28, 2013	Oct. 05, 2013
In Thousands, unless otherwise specified
Inventory [Line Items]	'	'	'
Raw materials	$6,125	$3,317	$4,477
Work in progress	5,269	3,357	4,299
Finished goods	21,788	12,267	20,891
Total Inventory	$33,182	$18,941	$29,667

Inventories_Details_Textual

Inventories (Details Textual) (USD $)	Oct. 04, 2014	Dec. 28, 2013	Oct. 05, 2013
In Thousands, unless otherwise specified
Inventory [Line Items]	'	'	'
Disposal Group, Including Discontinued Operation, Inventory	$0	$9,366	$10,989

Equity_Interest_Investments_De

Equity Interest Investments (Details) (USD $)	Oct. 04, 2014	Jul. 12, 2014	Dec. 28, 2013	Oct. 05, 2013
In Thousands, unless otherwise specified
Schedule of Equity Method Investments [Line Items]	'	'	'	'
Current assets	$78,611	'	$81,216	$82,091
TOTAL ASSETS	130,783	12,900	141,974	138,697
Current liabilities	34,169	'	43,679	44,228
TOTAL LIABILITIES	42,985	'	54,019	53,250
Stiga Sports AB [Member]	'	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'	'
Current assets	33,046	'	31,399	29,894
Non-current assets	8,064	'	8,967	10,075
TOTAL ASSETS	41,110	'	40,366	39,969
Current liabilities	10,921	'	10,019	12,358
Non-current liabilities	4,370	'	4,893	5,454
TOTAL LIABILITIES	15,291	'	14,912	17,812
Net assets	$25,819	'	$25,454	$22,157

Equity_Interest_Investments_De1

Equity Interest Investments (Details 1) (USD $)	3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013
					Stiga Sports AB [Member]	Stiga Sports AB [Member]	Stiga Sports AB [Member]	Stiga Sports AB [Member]
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'	'	'	'
Net sales	$31,599	$31,559	$97,332	$94,827	$17,206	$11,520	$33,944	$26,285
Gross profit	'	'	'	'	8,308	5,957	16,654	13,412
Net income	$13,621	$2,513	$7,787	$6,755	$3,581	$1,471	$3,969	$1,475

Equity_Interest_Investments_De2

Equity Interest Investments (Details Textual) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Oct. 04, 2014

Oct. 05, 2013

Oct. 04, 2014

Oct. 05, 2013

Oct. 04, 2014

Oct. 05, 2013

Oct. 04, 2014

Oct. 05, 2013

Oct. 04, 2014

Oct. 05, 2013

Oct. 04, 2014

Oct. 05, 2013

Stiga Sports AB [Member]

Stiga Sports AB [Member]

Stiga Sports AB [Member]

Stiga Sports AB [Member]

Stiga Sports AB [Member]

Stiga Sports AB [Member]

Stiga Sports AB [Member]

Stiga Sports AB [Member]

Goodwill [Member]

Goodwill [Member]

Parent Company [Member]

Parent Company [Member]

Schedule of Equity Method Investments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Equity Method Investment, Ownership Percentage

'

'

'

'

50.00%

'

50.00%

'

'

'

50.00%

50.00%

Amortization of Intangible Assets

$567,000

$544,000

$1,894,000

$1,801,000

'

'

'

'

$12,400,000

$13,000,000

'

'

Goodwill, Translation Adjustments

'

'

'

'

'

'

17,300,000

18,200,000

'

'

'

'

Cumulative Goodwill Adjustments, Tax Effect

'

'

'

'

'

'

4,900,000

5,200,000

'

'

'

'

Adjustments for Net Income Impact

'

'

'

'

'

'

300,000

600,000

'

'

'

'

Net Income (Loss) Attributable to Parent

$13,621,000

$2,513,000

$7,787,000

$6,755,000

$3,581,000

$1,471,000

$3,969,000

$1,475,000

'

'

$2,200,000

$1,300,000

Notes_Payable_Details_Textual

Notes Payable (Details Textual) (Restated Credit Agreement [Member], EUR €)	Oct. 04, 2014
In Millions, unless otherwise specified
Restated Credit Agreement [Member]	'
Line of Credit Facility [Line Items]	'
Line of Credit Facility, Maximum Borrowing Capacity	€ 1

Income_Taxes_Details

Income Taxes (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Oct. 04, 2014	Oct. 05, 2013
Income Tax Contingency [Line Items]	'	'
Beginning balance	$0	$0
Additions for current year tax positions	751	0
Additions for prior year tax positions	0	0
Settlements	0	0
Reductions or settlements	-751	0
Reductions for prior year tax positions	0	0
Ending balance	$0	$0

Fair_Values_of_Financial_Instr2

Fair Values of Financial Instruments (Details) (USD $)	Oct. 04, 2014	Dec. 28, 2013	Oct. 05, 2013	Dec. 29, 2012
In Thousands, unless otherwise specified
Financial assets, Carrying Amount	'	'	'	'
Cash and cash equivalents, Carrying Amount	$798	$1,091	$498	$2,544
Time deposits, Carrying Amount	2,450	1,700	2,320	'
Financial liabilities, Carrying Amount	'	'	'	'
Notes payable, Carrying Amount	15,631	21,700	18,785	'
Current portion of Long-term debt, Carrying Amount	1,586	1,563	1,563	'
Long-term debt, Carrying Amount	3,360	4,946	5,196	'
Fair Value, Inputs, Level 1 [Member]	'	'	'	'
Financial assets, Fair Value	'	'	'	'
Cash and cash equivalents, Fair Value	798	2,346	1,801	'
Time deposits, Fair Value	2,450	1,700	2,320	'
Financial liabilities, Fair Value	'	'	'	'
Notes payable, Fair Value	0	0	0	'
Current portion of Long-term debt, Fair Value	0	0	0	'
Long-term debt, Fair Value	0	0	0	'
Fair Value, Inputs, Level 2 [Member]	'	'	'	'
Financial assets, Fair Value	'	'	'	'
Cash and cash equivalents, Fair Value	0	0	0	'
Time deposits, Fair Value	0	0	0	'
Financial liabilities, Fair Value	'	'	'	'
Notes payable, Fair Value	15,631	21,700	18,785	'
Current portion of Long-term debt, Fair Value	1,586	1,563	1,563	'
Long-term debt, Fair Value	3,360	4,946	5,196	'
Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Financial assets, Fair Value	'	'	'	'
Cash and cash equivalents, Fair Value	0	0	0	'
Time deposits, Fair Value	0	0	0	'
Financial liabilities, Fair Value	'	'	'	'
Notes payable, Fair Value	0	0	0	'
Current portion of Long-term debt, Fair Value	0	0	0	'
Long-term debt, Fair Value	$0	$0	$0	'

Fair_Values_of_Financial_Instr3

Fair Values of Financial Instruments (Details Textual) (USD $)	Oct. 04, 2014	Dec. 28, 2013	Oct. 05, 2013
In Millions, unless otherwise specified
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'
Bank Overdrafts	$0	$0	$0.60

Stock_Compensation_Details_Tex

Stock Compensation (Details Textual) (USD $)	0 Months Ended		1 Months Ended	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 19, 2014	Mar. 20, 2014	Aug. 21, 2014	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Allocated Share-based Compensation Expense	'	'	'	$161	$177	$561	$578
Employee and Non Employee Service Share-based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized	'	'	'	$771	$889	$771	$889
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$0.09	$0.09	$0.10	$0.10	$0.09	$0.19	$0.25
Cumulative Average Volume Weighted Average Price, Per Share	'	'	'	'	'	15.00%	'
Director [Member]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Stock Issued During Period, Shares, Share-based Compensation, Gross	'	'	'	'	'	5,242	'
Employee Stock Option [Member] | Director [Member]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Stock Issued During Period, Shares, Share-based Compensation, Gross	'	'	'	'	'	25,000	'
Employee Stock Option [Member] | Restricted Stock Units (RSUs) [Member]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Stock Issued During Period, Shares, Share-based Compensation, Gross	'	'	'	'	'	50,000	'

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'
Net sales	$4,957	$6,923	$20,865	$22,478
Cost of products sold	3,530	5,021	13,812	15,278
Selling, administrative and general expenses	1,830	2,643	7,297	9,044
Amortization	0	0	0	18
Interest expense (income)	-24	88	138	275
Other expense (income)	0	0	13	-2
Income (Loss) Before Income Taxes	-379	-829	-395	-2,135
Discontinued Operations	'	'	'	'
Loss on classification as held for sale	0	0	-12,945	0
Gain on disposal	5,591	0	6,138	0
Provision (benefit) for income taxes	-4,572	33	-6,121	577
Net Income (Loss) from Discontinued Operations	$9,784	($862)	($1,081)	($2,712)

Discontinued_Operations_Detail1

Discontinued Operations (Details 1) (USD $)	Oct. 04, 2014	Dec. 28, 2013	Oct. 05, 2013	Dec. 29, 2012
In Thousands, unless otherwise specified
ASSETS	'	'	'	'
Cash and cash equivalents	$0	$1,255	$1,303	$1,050
Receivables, net	0	5,480	4,945	'
Inventories	0	9,366	10,989	'
Prepaid expenses	0	429	668	'
Property, plant and equipment, net	0	4,323	4,406	'
Intangible assets	0	1,754	1,734	'
Investments	0	331	329	'
Other assets	0	93	78	'
Assets held for sale	0	23,031	24,452	'
LIABILITIES	'	'	'	'
Trade accounts payable	0	428	1,113	'
Accrued liabilities	'	6,412	6,153	'
Liabilities held for sale	$0	$6,840	$7,266	'

Discontinued_Operations_Detail2

Discontinued Operations (Details Textual) (USD $)	9 Months Ended
	Oct. 04, 2014	Jul. 12, 2014	Dec. 28, 2013	Oct. 05, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'
Assets	$130,783,000	$12,900,000	$141,974,000	$138,697,000
Discontinued Operation, Tax (Expense) Benefit from Provision for (Gain) Loss on Disposal	4,600,000	'	'	'
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	2,600,000	'	'	'
Information Security Business and Print Finishing Business [Member]	'	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, before Income Tax	$9,400,000	'	'	'

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013	Jul. 12, 2014	Dec. 28, 2013
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Revenues from external customers	$36,556	$38,482	$118,197	$117,305	'	'
Operating income (loss)	3,813	3,245	11,227	11,630	'	'
Net income (loss)	13,621	2,513	7,787	6,755	'	'
Total assets	130,783	138,697	130,783	138,697	12,900	141,974
Sporting Goods [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Revenues from external customers	31,599	31,559	97,332	94,827	'	'
Operating income (loss)	5,113	4,680	14,580	15,782	'	'
Net income (loss)	3,103	2,813	8,866	9,477	'	'
Total assets	97,343	90,189	97,343	90,189	'	'
Discontinued Operations [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Revenues from external customers	4,957	6,923	20,865	22,478	'	'
Operating income (loss)	-403	-741	-244	-1,862	'	'
Net income (loss)	9,784	-862	-1,081	-2,712	'	'
Total assets	0	24,625	0	24,625	'	'
Corporate [Member]	'	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'	'
Revenues from external customers	0	0	0	0	'	'
Operating income (loss)	-897	-693	-3,109	-2,289	'	'
Net income (loss)	734	562	2	-10	'	'
Total assets	$33,440	$23,883	$33,440	$23,883	'	'

Dividend_Payment_Details_Textu

Dividend Payment (Details Textual) (USD $)	0 Months Ended		1 Months Ended	3 Months Ended		9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jun. 19, 2014	Mar. 20, 2014	Aug. 21, 2014	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013
Dividend Payment Terms [Line Items]	'	'	'	'	'	'	'
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$0.09	$0.09	$0.10	$0.10	$0.09	$0.19	$0.25
Dividends, Common Stock, Cash (in dollars)	$1.30	$1.20	$1.40	'	'	'	'
Subsequent Event [Member]	'	'	'	'	'	'	'
Dividend Payment Terms [Line Items]	'	'	'	'	'	'	'
Common Stock, Dividends, Per Share, Declared (in dollars per share)	'	'	'	'	'	$0.10	'
Dividends, Common Stock, Cash (in dollars)	'	'	'	'	'	$1.40	'

Earnings_Per_Share_Details

Earnings Per Share (Details)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Oct. 04, 2014	Oct. 05, 2013	Oct. 04, 2014	Oct. 05, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Weighted average common shares outstanding	13,922	13,520	13,821	13,484
Dilutive effect of stock options and restricted stock units	264	179	257	148
Weighted average common shares outstanding, assuming dilution	14,186	13,699	14,078	13,632

Earnings_Per_Share_Details_Tex

Earnings Per Share (Details Textual)	9 Months Ended
	Oct. 04, 2014	Oct. 05, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	522,750

Subsequent_Events_Details_Text

Subsequent Events (Details Textual) (Subsequent Event [Member], USD $)	1 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Oct. 22, 2014	Oct. 04, 2014
	Cue & Case Sales, Inc [Member]	Additional Facility in Evansville Indiana [Member]
Subsequent Event [Line Items]	'	'
Payments to Acquire Businesses, Gross	$10,400	$650