Patrick Industries (PATK) 10-Q 7 Nov 14 2014 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 28, 2014	Oct. 24, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'PATRICK INDUSTRIES INC	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	10,381,663
Amendment Flag	'false	'
Entity Central Index Key	'0000076605	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Accelerated Filer	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	28-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Financial Position (Unaudited) (USD $)	Sep. 28, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current Assets	'	'
Cash and cash equivalents	$2,712	$34
Trade receivables, net	44,076	22,644
Inventories	76,989	56,510
Deferred tax assets	4,095	3,762
Prepaid expenses and other	3,566	4,749
Total current assets	131,438	87,699
Property, plant and equipment, at cost	115,848	101,060
Less accumulated depreciation	62,185	58,943
Property, plant and equipment, net	53,663	42,117
Goodwill	28,392	16,495
Intangible assets, net of accumulated amortization (2014: $8,676; 2013: $5,640)	48,202	25,611
Deferred financing costs, net of accumulated amortization (2014: $1,672; 2013: $1,405)	1,109	1,283
Other non-current assets	1,005	982
TOTAL ASSETS	263,809	174,187
Current liabilities	'	'
Accounts payable	36,334	18,826
Accrued liabilities	13,821	13,585
Total current liabilities	50,155	32,411
Long-term debt	107,261	55,000
Deferred compensation and other	2,444	2,546
Deferred tax liabilities	2,273	1,920
TOTAL LIABILITIES	162,133	91,877
SHAREHOLDERS’ EQUITY	'	'
Common stock	54,800	53,863
Additional paid-in-capital	7,590	6,604
Accumulated other comprehensive income	54	54
Retained earnings	39,232	21,789
TOTAL SHAREHOLDERS’ EQUITY	101,676	82,310
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$263,809	$174,187

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Financial Position (Unaudited) (Parentheticals) (USD $)	Sep. 28, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Intangible assets, accumulated amortization	$8,676	$5,640
Deferred financing costs, accumulated amortization	$1,672	$1,405

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013
NET SALES	$188,138	$146,623	$546,143	$448,319
Cost of goods sold	158,110	124,800	457,149	378,900
GROSS PROFIT	30,028	21,823	88,994	69,419
Operating Expenses:	'	'	'	'
Warehouse & delivery	6,842	5,293	19,613	14,539
Selling, general & administrative	9,339	7,001	26,604	21,411
Amortization of intangible assets	1,408	548	3,036	1,588
(Gain) loss on sale of fixed assets	-51	6	-27	-424
Total operating expenses	17,538	12,848	49,226	37,114
OPERATING INCOME	12,490	8,975	39,768	32,305
Interest expense, net	694	541	1,750	1,615
Income before income taxes	11,796	8,434	38,018	30,690
Income taxes	4,542	2,982	14,637	11,662
NET INCOME	$7,254	$5,452	$23,381	$19,028
BASIC NET INCOME PER COMMON SHARE (in Dollars per share)	$0.68	$0.51	$2.19	$1.77
DILUTED NET INCOME PER COMMON SHARE (in Dollars per share)	$0.68	$0.51	$2.18	$1.76
Weighted average shares outstanding - Basic (in Shares)	10,657	10,655	10,689	10,759
- Diluted (in Shares)	10,720	10,697	10,744	10,800

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net income	$23,381	$19,028
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	4,282	3,628
Amortization of intangible assets	3,036	1,588
Stock-based compensation expense	2,460	924
Deferred compensation expense	247	231
Deferred income taxes	20	3,730
Gain on sale of fixed assets	-27	-424
Decrease in cash surrender value of life insurance	20	68
Deferred financing amortization	267	312
Change in operating assets and liabilities, net of business acquisitions:	'	'
Trade receivables	-15,175	-14,311
Inventories	-8,305	-6,819
Prepaid expenses and other	1,382	-914
Accounts payable and accrued liabilities	11,852	14,704
Payments on deferred compensation obligations	-240	-293
Net cash provided by operating activities	23,200	21,452
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Capital expenditures	-4,184	-5,214
Proceeds from sale of property, equipment and facility	97	1,009
Business acquisitions	-62,620	-16,544
Other	-43	-42
Net cash used in investing activities	-66,750	-20,791
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Long-term debt borrowings, net	52,261	13,284
Payment of deferred financing costs	-93	-100
Stock repurchases under buyback program	-6,928	-6,078
Realization of excess tax benefit on stock-based compensation	1,071	2,363
Proceeds from exercise of stock options, including tax benefit	26	64
Payments on capital lease obligations	-109	-118
Net cash provided by financing activities	46,228	9,415
Increase in cash and cash equivalents	2,678	10,076
Cash and cash equivalents at beginning of year	34	434
Cash and cash equivalents at end of period	$2,712	$10,510

Note_1_Basis_of_Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 28, 2014
Disclosure Text Block [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	1.      BASIS OF PRESENTATION
	In the opinion of Patrick Industries, Inc. (“Patrick” or the “Company”), the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting of normal recurring adjustments) necessary to present fairly the Company’s financial position as of September 28, 2014 and December 31, 2013, and its results of operations and cash flows for the three and nine months ended September 28, 2014 and September 29, 2013.
	Patrick’s unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission and in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to those rules or regulations. For a description of significant accounting policies used by the Company in the preparation of its consolidated financial statements, please refer to Note 2 of the Notes to Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. The December 31, 2013 condensed consolidated statement of financial position data was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. Operating results for the third quarter and nine months ended September 28, 2014 are not necessarily indicative of the results to be expected for the year ending December 31, 2014.
	In preparation of Patrick’s condensed consolidated financial statements as of and for the third quarter and nine months ended September 28, 2014, management evaluated all material subsequent events or transactions that occurred after the balance sheet date through the date of issuance of the Form 10-Q for potential recognition or disclosure in the consolidated financial statements. See Notes 6 and 13 for events that occurred subsequent to the balance sheet date.

Note_2_Recently_Issued_Account

Note 2 - Recently Issued Accounting Pronoucements	9 Months Ended
	Sep. 28, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	'
	2.      RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS
	Revenue Recognition
	In May 2014, the Financial Accounting Standards Board ("FASB") issued new accounting guidance on revenue from contracts with customers, which will supersede nearly all existing revenue recognition guidance under U.S. GAAP. The core principal of the guidance is that an entity should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The guidance is effective for the Company in the first quarter of 2017 and early adoption is not permitted.
	The guidance permits two methods of transition upon adoption: full retrospective and modified retrospective. Under the full retrospective method, prior periods would be restated under the new revenue standard, providing a comparable view across all periods presented. Under the modified retrospective method, prior periods would not be restated. Rather, revenues and other disclosures for pre-2017 periods would be provided in the notes to the financial statements as previously reported under the current revenue standard. The impact from the adoption of this guidance on the Company's Condensed Consolidated Financial Statements cannot be determined at this time. The Company is also working to determine the appropriate method of transition to the guidance.
	Stock Compensation
	In June 2014, the FASB issued revised guidance on accounting for share-based payments that will require that a performance target that affects vesting and could be achieved after the requisite service period be treated as a performance condition. The revised guidance is effective for annual and interim periods beginning after December 15, 2015. Early adoption is permitted. The Company is currently evaluating the provisions of this guidance and has not yet determined the impact, if any, that the implementation of this guidance will have on its results of operations or financial condition.

Note_3_Inventories

Note 3 - Inventories	9 Months Ended
	Sep. 28, 2014
Inventory Disclosure [Abstract]	'
Inventory Disclosure [Text Block]	'
	3.       INVENTORIES
	Inventories are stated at the lower of cost (First-In, First-Out (FIFO) Method) or market and consist of the following classes:
	(thousands)	Sept. 28, 2014			Dec. 31, 2013
	Raw materials	$	43,428		$	24,135
	Work in process		5,390			4,870
	Finished goods		4,329			3,877
	Less: reserve for inventory obsolescence		(1,647	)		(938	)
	Total manufactured goods, net		51,500			31,944
	Materials purchased for resale (distribution products)		26,318			24,904
	Less: reserve for inventory obsolescence		(829	)		(338	)
	Total materials purchased for resale (distribution products), net		25,489			24,566
	Total inventories	$	76,989		$	56,510

Note_4_Goodwill_and_Intangible

Note 4 - Goodwill and Intangible Assets	9 Months Ended
	Sep. 28, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets Disclosure [Text Block]	'
	4.     GOODWILL AND INTANGIBLE ASSETS
	Goodwill and other intangible assets are allocated to the Company’s reporting units at the date they are initially recorded. Goodwill and indefinite-lived intangible assets are not amortized but are subject to an impairment test based on their estimated fair value performed annually in the fourth quarter (or under certain circumstances more frequently as warranted). Goodwill impairment testing is performed at the reporting unit level, one level below the business segment. The Company’s Manufacturing segment includes goodwill originating from the acquisitions of Gravure Ink (acquired in the Adorn Holdings, Inc. acquisition), Quality Hardwoods Sales (“Quality Hardwoods”), A.I.A. Countertops, LLC (“AIA”), Infinity Graphics, Décor Mfg., LLC (“Décor”), Creative Wood Designs, Inc. (“Creative Wood”), Middlebury Hardwood Products, Inc. (“Middlebury Hardwoods”), Frontline Mfg., Inc. (“Frontline”), Premier Concepts, Inc. (“Premier”), Precision Painting Group (“Precision”), Foremost Fabricators, LLC (“Foremost”), and PolyDyn3, LLC (“PolyDyn3”). While Gravure Ink, AIA, Infinity Graphics, Décor, Creative Wood, Middlebury Hardwoods, Frontline, Premier, Precision, Foremost, and PolyDyn3 remain reporting units of the Company for which impairment is assessed, Quality Hardwoods is assessed for impairment as part of the Company’s hardwood door reporting unit. The Company’s Distribution segment includes goodwill originating from the acquisitions of Blazon International Group (“Blazon”), John H. McDonald Co., Inc. d/b/a West Side Furniture (“West Side”), and Foremost, which remain reporting units for which impairment is assessed.
	Finite-lived intangible assets that meet certain criteria continue to be amortized over their useful lives and are also subject to an impairment test based on estimated undiscounted cash flows when impairment indicators exist. The Company assesses finite-lived intangible assets for impairment if events or changes in circumstances indicate that the carrying value may exceed the fair value.
	No impairment was recognized during the third quarter and nine months ended September 28, 2014 related to goodwill, indefinite-lived intangible assets or finite-lived intangible assets. There have been no material changes to the method of evaluating impairment related to goodwill and indefinite-lived intangible assets during the third quarter of 2014.
	In early June 2014, the Company acquired the business and certain assets of Bremen, Indiana and Elkhart, Indiana-based Precision. The purchase was determined to be a business combination and the intangible assets recorded as a result of the acquisition included (in thousands): customer relationships - $2,904; trademarks - $483; non-compete agreements - $1,105; and goodwill - $3,693. The goodwill recognized in this transaction is expected to be deductible for income tax purposes. Precision is included in the Manufacturing segment. See Note 5 for further details.
	In late June 2014, the Company acquired the business and certain assets of Goshen, Indiana-based Foremost. The purchase was determined to be a business combination and the intangible assets recorded as a result of the acquisition included (in thousands): customer relationships - $15,485; trademarks - $4,070; non-compete agreements - $1,350; and goodwill - $8,025. The goodwill recognized in this transaction is expected to be deductible for income tax purposes. The Foremost reporting units are included in the Manufacturing and Distribution segments. See Note 5 for further details.
	In early September 2014, the Company acquired the business and certain assets of Elkhart, Indiana-based PolyDyn3. The purchase was determined to be a business combination and the intangible assets recorded as a result of the acquisition included (in thousands): customer relationships - $201; trademarks - $6; non-compete agreements - $23; and goodwill - $57. The goodwill recognized in this transaction is expected to be deductible for income tax purposes. PolyDyn3 is included in the Manufacturing segment. See Note 5 for further details.
	Goodwill
	Changes in the carrying amount of goodwill for the nine months ended September 28, 2014 by segment are as follows:
	(thousands)	Manufacturing				Distribution				Total
	Balance - December 31, 2013	$	13,720			$	2,775			$	16,495
	Acquisitions		8,687				3,210				11,897
	Balance - September 28, 2014	$	22,407			$	5,985			$	28,392
	Other Intangible Assets
	As of September 28, 2014, the remaining intangible assets balance of $48.2 million is comprised of $8.7 million of trademarks which have an indefinite life, and therefore, no amortization expense has been recorded, and $39.5 million pertaining to customer relationships and non-compete agreements which are being amortized over periods ranging from 3 to 19 years.
	Other intangible assets, net consist of the following as of September 28, 2014 and December 31, 2013:
	(thousands)	Sept. 28, 2014			Weighted Average Useful Life (years)		Dec. 31, 2013			Weighted Average Useful Life (years)
	Customer relationships	$	42,258		11		$	23,668		11
	Non-compete agreements		5,895		3			3,417		3
	Trademarks		8,725					4,166
			56,878					31,251
	Less: accumulated amortization		(8,676	)				(5,640	)
	Other intangible assets, net	$	48,202				$	25,611
	Changes in the carrying value of other intangible assets for the nine months ended September 28, 2014 by segment are as follows:
	(thousands)	Manufacturing				Distribution				Total
	Balance - December 31, 2013	$	19,626			$	5,985			$	25,611
	Acquisitions		17,265				8,362				25,627
	Amoritization		(2,156	)			(880	)			(3,036	)
	Balance - September 28, 2014	$	34,735			$	13,467			$	48,202

Note_5_Acquisitions

Note 5 - Acquisitions	9 Months Ended
	Sep. 28, 2014
Business Combinations [Abstract]	'
Business Combination Disclosure [Text Block]	'
	5.       ACQUISITIONS
	2014 Acquisitions
	PolyDyn3
	In early September 2014, the Company acquired the business and certain assets of Elkhart, Indiana-based PolyDyn3. PolyDyn3 is a custom fabricator of simulated wood and stone products such as headboards, fireplaces, ceiling medallions, columns and trims, for the recreational vehicle (“RV”) market. The net purchase price was $1.3 million.
	The acquisition provides the Company the opportunity to bring in-house new production capabilities and product lines that were previously represented through one of the Company’s distribution business units, and gain additional penetration in the RV market sector. The results of operations for PolyDyn3 are included in the Company’s condensed consolidated financial statements and the Manufacturing operating segment from the date of acquisition. The excess of the purchase consideration over the fair value of the net assets acquired was recorded as goodwill, which represents the value of leveraging the Company’s existing purchasing, manufacturing, sales, and systems resources with the organizational talent and expertise of the PolyDyn3 team to maximize efficiencies, revenue impact, market share growth, and net income.
	The acquisition was funded through borrowings under the Company’s 2012 Credit Facility (as defined herein). Assets acquired and liabilities assumed in the acquisition were recorded on the Company’s condensed consolidated statements of financial position at their estimated fair value as of the date of the acquisition. The preliminary purchase price allocation is subject to final approval and settlement of a working capital adjustment, and thus all required purchase accounting adjustments are expected to be finalized within the measurement period of up to one year. The following summarizes the estimated fair values of the assets acquired and the liabilities assumed as of the date of acquisition:
	(thousands)
	Trade receivables	$	86
	Inventories		194
	Property, plant and equipment		683
	Prepaid expenses		125
	Accounts payable and accrued liabilities		(124	)
	Intangible assets		230
	Goodwill		57
	Total net purchase price	$	1,251
	Precision
	In early June 2014, the Company acquired the business and certain assets of four related companies based in Bremen, Indiana and Elkhart, Indiana: Precision Painting, Inc., Carrera Custom Painting, Inc., Millennium Paint, Inc., and TDM Transport, Inc. (collectively referred to as “Precision Painting Group” or “Precision”). The Precision Painting Group is comprised of three full service exterior full body painting operations that offer exterior painting and interior refurbishing for both OEMs and existing RV and fleet owners, and a transportation operation that services their in-house customers. The net purchase price, which includes the subsequent purchase of five operating facilities from the sellers of Precision in July 2014 (per the June 2014 asset purchase agreement), was $16.0 million.
	This acquisition provides the opportunity for the Company to establish a presence in the RV exterior full body painting market and increase its product offerings, market share and per unit content. The results of operations for Precision are included in the Company’s condensed consolidated financial statements and the Manufacturing operating segment from the date of acquisition. The excess of the purchase consideration over the fair value of the net assets acquired was recorded as goodwill, which represents the value of leveraging the Company’s existing purchasing, manufacturing, sales, and systems resources with the organizational talent and expertise of the Precision team to maximize efficiencies, revenue impact, market share growth, and net income.
	The acquisition was funded through borrowings under the Company’s 2012 Credit Facility. Assets acquired and liabilities assumed in the acquisition were recorded on the Company’s condensed consolidated statements of financial position at their estimated fair values as of the date of the acquisition. The preliminary purchase price allocation is subject to final review and approval, and thus all required purchase accounting adjustments are expected to be finalized in the fourth quarter of 2014. The following summarizes the estimated fair values of the assets acquired and the liabilities assumed as of the date of acquisition:
	(thousands)
	Trade receivables	$	1,425
	Inventories		208
	Property, plant and equipment		7,032
	Prepaid expenses		10
	Accounts payable and accrued liabilities		(847	)
	Intangible assets		4,492
	Goodwill		3,693
	Total net purchase price	$	16,013
	Foremost
	In late June 2014, the Company acquired the business and certain assets of Goshen, Indiana-based Foremost, a fabricator and distributor of fabricated aluminum products, fiber reinforced polyester (“FRP”) sheet and coil, and custom laminated products primarily used in the RV market, for a net purchase price of $45.4 million. This acquisition provides the opportunity for the Company to establish a presence in the laminated and fabricated roll formed aluminum products market and increase its product offerings, market share and per unit content. The results of operations for Foremost are included in the Company’s condensed consolidated financial statements and the Manufacturing and Distribution operating segments from the date of acquisition. The excess of the purchase consideration over the fair value of the net assets acquired was recorded as goodwill, which represents the value of leveraging the Company’s existing purchasing, manufacturing, sales, and systems resources with the organizational talent and expertise of the Foremost team to maximize efficiencies, revenue impact, market share growth, and net income.
	The acquisition was funded through borrowings under the Company’s 2012 Credit Facility. Assets acquired and liabilities assumed in the acquisition were recorded on the Company’s condensed consolidated statements of financial position at their estimated fair values as of the date of the acquisition. The preliminary purchase price allocation is subject to final review and approval, and thus all required purchase accounting adjustments are expected to be finalized in the fourth quarter of 2014. The following summarizes the estimated fair values of the assets acquired and the liabilities assumed as of the date of acquisition:
	(thousands)
	Trade receivables	$	4,868
	Inventories		11,772
	Property, plant and equipment		3,934
	Prepaid expenses		129
	Accounts payable and accrued liabilities		(4,277	)
	Intangible assets		20,905
	Goodwill		8,025
	Total net purchase price	$	45,356
	2013 Acquisitions
	Frontline
	In early September 2013, the Company acquired the business and certain assets of Warsaw, Indiana-based Frontline, a manufacturer of fiberglass bath fixtures including tubs, showers and combination tub/shower units for the RV, manufactured housing (“MH”), and residential housing markets, for a net purchase price of $5.2 million, which included a contingent payment that may be paid based on future performance. The fair value of the contingent consideration arrangement was estimated by applying the income approach and included assumptions related to the probability of future payments and discounted cash flows. In the third quarter of 2014, the Company determined that the contingent consideration would not be paid as the conditions for payment were not achieved. As a result, the Company recognized a pretax gain of $0.3 million associated with the non-payment of the contingent consideration which is included in the line item “Selling, general & administrative” on the condensed consolidated statements of income for the third quarter and nine months ended September 28, 2014.
	This acquisition provides the opportunity for the Company to establish a presence in the fiberglass bath fixtures market and increase its product offerings, market share and per unit content. The results of operations for Frontline are included in the Company’s condensed consolidated financial statements and the Manufacturing operating segment from the date of acquisition. The excess of the purchase consideration over the fair value of the net assets acquired was recorded as goodwill, which represents the value of leveraging the Company’s existing purchasing, manufacturing, sales, and systems resources with the organizational talent and expertise of the Frontline team to maximize efficiencies, revenue impact, market share growth, and net income.
	The acquisition was funded through borrowings under the Company’s 2012 Credit Facility. Assets acquired and liabilities assumed in the acquisition were recorded on the Company’s condensed consolidated statements of financial position at their estimated fair values as of the date of the acquisition. The purchase price allocation and all required purchase accounting adjustments were finalized in the second quarter of 2014.   The following summarizes the estimated fair values of the assets acquired and the liabilities assumed as of the date of acquisition:
	(thousands)
	Trade receivables	$	1,545
	Inventories		250
	Property, plant and equipment		917
	Prepaid expenses		21
	Accounts payable and accrued liabilities		(2,135	)
	Intangible assets		2,092
	Goodwill		2,490
	Total net purchase price	$	5,180
	Premier
	In early September 2013, the Company acquired the business and certain assets of Warsaw, Indiana-based Premier, a custom fabricator of solid surface, granite, and quartz countertops for the RV, MH and residential housing markets, for a net purchase price of $2.6 million, which includes a contingent payment that may be paid based on future performance. The fair value of the contingent consideration arrangement was estimated by applying the income approach and included assumptions related to the probability of future payments and discounted cash flows. In the third quarter of 2014, the Company determined that the contingent consideration would not be paid as the conditions for payment were not achieved. As a result, the Company recognized a pretax gain of $0.2 million associated with the non-payment of the contingent consideration which is included in the line item “Selling, general & administrative” on the condensed consolidated statements of income for the third quarter and nine months ended September 28, 2014.
	This acquisition provides the opportunity for the Company to expand its presence in the countertops market and increase its product offerings, market share and per unit content. The results of operations for Premier are included in the Company’s condensed consolidated financial statements and the Manufacturing operating segment from the date of acquisition. The excess of the purchase consideration over the fair value of the net assets acquired was recorded as goodwill, which represents the value of leveraging the Company’s existing purchasing, manufacturing, sales, and systems resources with the organizational talent and expertise of the Premier team to maximize efficiencies, revenue impact, market share growth, and net income.
	The acquisition was funded through borrowings under the Company’s 2012 Credit Facility. Assets acquired and liabilities assumed in the acquisition were recorded on the Company’s condensed consolidated statements of financial position at their estimated fair values as of the date of the acquisition. The purchase price allocation and all required purchase accounting adjustments were finalized in the second quarter of 2014. The following summarizes the estimated fair values of the assets acquired and the liabilities assumed as of the date of acquisition:
	(thousands)
	Trade receivables	$	764
	Inventories		347
	Property, plant and equipment		561
	Accounts payable and accrued liabilities		(1,357	)
Intangible assets		1,210
Goodwill		1,095
Total net purchase price	$	2,620
West Side
In late September 2013, the Company acquired the business and certain assets of Goshen, Indiana-based West Side, a wholesale supplier of La-Z-Boy® recliners and the Serta® Trump Home™ mattress line, among other furniture products, to the RV market, for a net purchase price of $8.7 million. This acquisition provides the opportunity for the Company to expand its presence in the wholesale furniture business for the RV industry, and increase its product offerings, market share and per unit content. The results of operations for West Side are included in the Company’s condensed consolidated financial statements and the Distribution operating segment from the date of acquisition. The excess of the purchase consideration over the fair value of the net assets acquired was recorded as goodwill, which represents the value of leveraging the Company’s existing purchasing, sales, and systems resources with the organizational talent and expertise of the West Side team to maximize efficiencies, revenue impact, market share growth, and net income.
The acquisition was funded through borrowings under the Company’s 2012 Credit Facility. Assets acquired and liabilities assumed in the acquisition were recorded on the Company’s condensed consolidated statements of financial position at their estimated fair values as of the date of the acquisition. The following summarizes the estimated fair values of the assets acquired and the liabilities assumed as of the date of acquisition:
(thousands)
Trade receivables	$	902
Inventories		1,439
Property, plant and equipment		324
Prepaid expenses		9
Accounts payable and accrued liabilities		(2,094	)
Intangible assets		5,461
Goodwill		2,670
Total net purchase price	$	8,711
Pro Forma Information
The following pro forma information for the third quarter and nine months ended September 28, 2014 assumes the Precision and Foremost acquisitions (which were acquired in June 2014) occurred as of January 1, 2014, the beginning of the year in which such acquisitions occurred. The pro forma information for the third quarter and nine months ended September 29, 2013 assumes the Frontline, Premier, and West Side acquisitions (all three of which were acquired in September 2013), and the Precision and Foremost acquisitions, occurred as of January 1, 2013. The pro forma information below for each of the 2014 and 2013 periods contains the actual operating results of Frontline, Premier, West Side, Precision and Foremost since their respective acquisition date, combined with the operating results prior to their respective acquisition dates.
The pro forma information includes financing and interest expense charges based on the actual incremental borrowings incurred in connection with each transaction as if it occurred at the beginning of the respective years. In addition, the pro forma information includes amortization expense related to intangible assets acquired in the Frontline, Premier and West Side acquisitions of approximately $0.3 million and $0.9 million, in the aggregate, for the third quarter and nine months ended September 29, 2013, respectively. In addition, the pro forma information includes amortization expense related to intangible assets acquired in the Precision and Foremost acquisitions of approximately $1.2 million for the nine months ended September 28, 2014, and $0.6 million and $1.9 million for the third quarter and nine months ended September 29, 2013, respectively. Pro forma information related to the PolyDyn3 acquisition is not included in the table below, as its financial results were not considered to be significant to the Company’s operating results for the periods presented.
	Third Quarter Ended					Nine Months Ended
	Sept. 28,				Sept. 29,	Sept. 28,			Sept. 29,
(thousands except per share data)		2014			2013		2014		2013
Revenue	$	188,138		$	177,832	$	598,069	$	554,577
Net income		7,254			5,297		24,719		20,508
Net income per share – basic		0.68			0.5		2.31		1.91
Net income per share – diluted		0.68			0.5		2.3		1.9
The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisitions been consummated as of that time, nor is it intended to be a projection of future results.
For the third quarter and nine months ended September 28, 2014, revenue of approximately $25.0 million and $26.6 million, respectively, was included in the Company’s condensed consolidated statements of income pertaining to the three businesses acquired in 2014. Revenue of approximately $1.8 million was included in the Company’s condensed consolidated statements of income pertaining to the three businesses acquired in both the third quarter and first nine months of 2013.

Note_6_StockBased_Compensation

Note 6 - Stock-Based Compensation	9 Months Ended
	Sep. 28, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	6.      STOCK-BASED COMPENSATION
	The Company accounts for stock-based compensation in accordance with fair value recognition provisions. The Company recorded compensation expense of $0.9 million and $0.3 million for the third quarters ended September 28, 2014 and September 29, 2013, respectively, for its stock-based compensation plans on the condensed consolidated statements of income. For the comparable nine months periods, the Company recorded $2.5 million and $0.9 million, respectively.
	The Company estimates the fair value of (i) all stock grants as of the grant date using the closing price per share of the Company’s common stock on such date, and (ii) all stock option and stock appreciation rights awards as of the grant date by applying the Black-Scholes option pricing model. The Board of Directors (the “Board”) approved the following share grants in 2013: 89,947 shares on March 4, 2013, 5,000 shares on March 11, 2013, and 19,480 shares on May 23, 2013. In addition, on December 18, 2013, the Company granted 200,000 shares that may be issued upon the exercise of stock options and 200,000 shares that may be issued upon the exercise of stock appreciation rights. The grant of the stock appreciation rights was subject to shareholder approval of amendments to the Company’s 2009 Omnibus Incentive Plan (the “Plan”) to increase the number of shares available for grant under the Plan and to make certain other changes. On May 22, 2014, the Company’s shareholders approved the amendments to the Plan at the Company’s annual meeting of shareholders.
	The following share grants were approved in the first nine months of 2014: 34,000 shares on February 12, 2014, 65,668 shares on February 18, 2014, and 10,560 shares on May 22, 2014. In addition, on February 18, 2014, the Board approved the issuance of 44,001 restricted stock units under the Plan. At the beginning of the Company’s fourth fiscal quarter, a share grant of 296 shares was approved on September 30, 2014.
	As of September 28, 2014, there was approximately $5.8 million of total unrecognized compensation cost related to stock-based compensation arrangements granted under incentive plans. That cost is expected to be recognized over a weighted-average period of 21.4 months.

Note_7_Net_Income_Per_Common_S

Note 7 - Net Income Per Common Share	9 Months Ended
	Sep. 28, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	7.      NET INCOME PER COMMON SHARE
	Basic net income per common share is computed by dividing net income by the weighted-average number of common shares outstanding. Diluted net income per common share is computed by dividing net income by the weighted-average number of common shares outstanding, plus the dilutive effect of stock options, stock appreciation rights, and restricted stock units (collectively “Common Stock Equivalents”). The dilutive effect of Common Stock Equivalents is calculated under the treasury stock method using the average market price for the period. Certain Common Stock Equivalents were not included in the computation of diluted net income per common share because the exercise prices of those Common Stock Equivalents were greater than the average market price of the common shares.
	Net income per common share is calculated for the third quarter and nine months periods as follows:
		Third Quarter Ended				Nine Months Ended
		Sept. 28,		Sept. 29,		Sept. 28,		Sept. 29,
	(thousands except per share data)		2014		2013		2014		2013
	Net income for basic and diluted per share calculation	$	7,254	$	5,452	$	23,381	$	19,028
	Weighted average common shares outstanding - basic		10,657		10,655		10,689		10,759
	Effect of potentially dilutive securities		63		42		55		41
	Weighted average common shares outstanding - diluted		10,720		10,697		10,744		10,800
	Basic net income per common share	$	0.68	$	0.51	$	2.19	$	1.77
	Diluted net income per common share	$	0.68	$	0.51	$	2.18	$	1.76

Note_8_Other_NonCurrent_Assets

Note 8 - Other Non-Current Assets	9 Months Ended
	Sep. 28, 2014
Disclosure Text Block Supplement [Abstract]	'
Other Assets Disclosure [Text Block]	'
	8.     OTHER NON-CURRENT ASSETS
	As of September 28, 2014 and December 31, 2013, other non-current assets of $1.0 million were net of borrowings against the cash value of life insurance policies on certain of the Company’s officers and directors of approximately $2.8 million and $2.7 million, respectively.

Note_9_Debt

Note 9 - Debt	9 Months Ended
	Sep. 28, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	9.     DEBT
	On October 24, 2012, the Company entered into a credit agreement (the “2012 Credit Agreement”) with Wells Fargo Bank, National Association as the agent and lender (“Wells Fargo”), and Fifth-Third as participant (collectively, the “Lenders”), to establish a five-year $80.0 million revolving secured senior credit facility (the “2012 Credit Facility”).
	On June 26, 2014, the Company entered into a fourth amendment to the 2012 Credit Agreement to increase the maximum borrowing limit under the revolving line of credit (the “Revolver”) to $125.0 million from $80.0 million.
	The 2012 Credit Agreement is secured by a pledge of substantially all of the assets of the Company pursuant to a Security Agreement, dated October 24, 2012, between the Company and Wells Fargo, as agent. The 2012 Credit Agreement includes certain definitions, terms and reporting requirements and includes the following additional provisions:
		●	The maturity date for the 2012 Credit Facility is October 24, 2017;
		●	The Company has the option to increase the 2012 Credit Facility by an amount up to $20.0 million upon request to and subject to the approval of the Lenders;
		●	The interest rates for borrowings under the Revolver are the Base Rate plus the Applicable Margin or the London Interbank Offer Rate (“LIBOR”) plus the Applicable Margin, with a fee payable by the Company on unused but committed portions of the Revolver;
		●	The Revolver includes a sub-limit up to $5.0 million for same day advances (“Swing Line”) which shall bear interest based upon the Base Rate plus the Applicable Margin;
		●	Up to $20.0 million of the Revolver will be available as a sub facility for the issuance of standby letters of credit, which are subject to certain expiration dates;
		●	The financial covenants include requirements as to a consolidated total leverage ratio and a consolidated interest coverage ratio, and other covenants include limitations on permitted acquisitions, capital expenditures, indebtedness, restricted payments and fundamental changes (see further details below); and
		●	Customary prepayment provisions which require the prepayment of outstanding amounts under the Revolver based on predefined conditions.
	At September 28, 2014, the Company had $107.3 million outstanding under its Revolver which consisted of $96.0 million of borrowings under the LIBOR-based option and $11.3 million of borrowings under the Base Rate-based option. The interest rate for borrowings under the Revolver at September 28, 2014 was the Prime Rate plus 0.50% (or 3.75%), or LIBOR plus 1.50% (or 1.625%). At December 31, 2013, the Company had $55.0 million of borrowings outstanding, all of which was under the LIBOR-based option of LIBOR plus 1.50% (or 1.6875%). The fee payable on committed but unused portions of the Revolver was 0.20% for both of these periods.
	Pursuant to the 2012 Credit Agreement, the financial covenants include (a) a maximum consolidated total leverage ratio, measured on a quarter-end basis, not to exceed 3.50:1.00 for the 12 month period ending on such quarter-end; (b) a required minimum consolidated interest coverage ratio under the Revolver, measured on a quarter-end basis, of at least 2.25:1.00 for the 12 month period ending on such quarter-end; and (c) a limitation on annual capital expenditures of $10.0 million for 2014 and for subsequent fiscal years, exclusive of acquisitions. If the consolidated total leverage ratio is in excess of 3.00:1.00 and less than 3.50:1.00, the Company is considered to be in compliance with this financial covenant provided it maintains an asset coverage ratio of at least 1.00 to 1.00 as of the close of each period.
	The consolidated total leverage ratio is the ratio for any period of (i) consolidated total indebtedness to (ii) earnings before interest, taxes, depreciation and amortization (“EBITDA”). Consolidated total indebtedness for any period is the sum of (i) total debt outstanding under the Revolver, (ii) capital leases and letters of credit outstanding, and (iii) deferred payment obligations. The asset coverage ratio for any period is the ratio of (i) eligible amounts of the Company’s trade payables, inventory and fixed assets, minus certain reserves as defined under the 2012 Credit Agreement to (ii) the sum of outstanding obligations under the 2012 Credit Facility.
	The consolidated interest coverage ratio for any period is the ratio of (i) EBITDA minus depreciation to (ii) the sum of consolidated interest expense plus restricted payments made by the Company.
	As of and for the fiscal nine-month period ended September 28, 2014, the Company was in compliance with all three of these financial covenants at each reporting date. The required maximum total leverage ratio, minimum interest coverage ratio, and the annual capital expenditures limitation amounts compared to the actual amounts as of and for the fiscal nine-month period ended September 28, 2014 are as follows:
	(thousands except ratios)			Required		Actual
	Consolidated leverage ratio (12-month period)			3.5		1.5
	Consolidated interest coverage ratio (12-month period)			2.25		7.3
	Annual capital expenditures limitation (actual year-to-date)		$	10,000	$	4,184

Note_10_Fair_Value_Measurement

Note 10 - Fair Value Measurements	9 Months Ended
	Sep. 28, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	10.    FAIR VALUE MEASUREMENTS
	The carrying amounts of cash and cash equivalents, trade receivables, and accounts payable approximated fair value as of September 28, 2014 and December 31, 2013 because of the relatively short maturities of these financial instruments. The carrying amount of long-term debt approximated fair value as of September 28, 2014 and December 31, 2013 based upon terms and conditions available to the Company at those dates in comparison to the terms and conditions of its outstanding long-term debt.

Note_11_Income_Taxes

Note 11 - Income Taxes	9 Months Ended
	Sep. 28, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	11.    INCOME TAXES
	The Company recorded income taxes at an estimated full year effective rate of 38.5% in the third quarter and first nine months of 2014. The Company recorded income taxes at an estimated effective tax rate of 39% in the first and second quarters of 2013. In the third quarter of 2013, the Company determined that its estimated effective tax rate for the full year of 2013 would be approximately 38%. As a result, the Company recorded income taxes at a rate of 35.4% in the third quarter of 2013 in order to achieve a blended rate of 38% for the first nine months of 2013.
	The Company had various state net operating loss carry forwards (“NOLs”) of approximately $4.5 million at December 31, 2013, of which approximately $2.2 million were remaining to be utilized as of September 28, 2014. The Company estimates that it will utilize a majority of the remaining state NOLs by the end of 2014.
	In the first nine months of 2014, the Company realized a net tax benefit of approximately $1.1 million related to excess benefits on stock-based compensation, which had not been recorded as deferred tax assets at December 31, 2013. This tax benefit was recorded to shareholders’ equity upon realization in the first nine months of 2014.

Note_12_Segment_Information

Note 12 - Segment Information	9 Months Ended
	Sep. 28, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	12.    SEGMENT INFORMATION
	The Company has determined that its reportable segments are those based on its method of internal reporting, which segregates its businesses by product category and production/distribution process.
	A description of the Company’s reportable segments is as follows:
	Manufacturing – The Company’s lamination operations utilize various materials, such as lauan, medium-density fiberboard (“MDF”), gypsum, and particleboard, which are bonded by adhesives or a heating process to a number of products, including vinyl, paper, foil, and high-pressure laminates. These products are utilized to produce furniture, shelving, wall, counter, and cabinet products with a wide variety of finishes and textures. This segment also includes a cabinet door division, a fiberglass bath fixtures division, a hardwood furniture division, a vinyl printing division, a solid surface, granite, and quartz fabrication division, an exterior graphics division, an RV painting division, a fabricated aluminum products division, and the recently acquired simulated wood and stone products division (PolyDyn3). Patrick’s major manufactured products also include wrapped vinyl, paper and hardwood profile mouldings, interior passage doors, and slotwall panels and components. The Manufacturing segment contributed approximately 75% and 78% of the Company’s net sales for the nine months ended September 28, 2014 and September 29, 2013, respectively.
	Distribution – The Company distributes pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics, wiring, electrical and plumbing products, FRP products, cement siding, interior passage doors, roofing products, laminate and ceramic flooring, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other miscellaneous products. The Distribution segment contributed approximately 25% and 22% of the Company’s net sales for the nine months ended September 28, 2014 and September 29, 2013, respectively.
	The tables below present unaudited information about the sales and operating income of those segments.
	Third Quarter Ended September 28, 2014
	(thousands)	Manufacturing			Distribution			Total
	Net outside sales	$	138,512		$	49,626		$	188,138
	Intersegment sales		4,861			639			5,500
	Operating income		13,647			2,673			16,320
	Third Quarter Ended September 29, 2013
	(thousands)	Manufacturing			Distribution			Total
	Net outside sales	$	112,578		$	34,045		$	146,623
	Intersegment sales		5,302			507			5,809
	Operating income		9,333			2,020			11,353
	Nine Months Ended September 28, 2014
	(thousands)	Manufacturing			Distribution			Total
	Net outside sales	$	410,146		$	135,997		$	546,143
	Intersegment sales		15,176			1,874			17,050
	Operating income		43,062			7,522			50,584
	Nine Months Ended September 29, 2013
	(thousands)	Manufacturing			Distribution			Total
	Net outside sales	$	349,068		$	99,251		$	448,319
	Intersegment sales		15,523			2,119			17,642
	Operating income		34,412			6,292			40,704
	The table below presents a reconciliation of segment operating income to consolidated operating income:
		Third Quarter Ended						Nine Months Ended
			Sept. 28,			Sept. 29,			Sept. 28,			Sept. 29,
	(thousands)		2014			2013			2014			2013
	Operating income for reportable segments	$	16,320		$	11,353		$	50,584		$	40,704
	Gain (loss) on sale of fixed assets		51			(6	)		27			424
	Unallocated corporate expenses		(2,473	)		(1,824	)		(7,807	)		(7,235	)
	Amortization of intangible assets		(1,408	)		(548	)		(3,036	)		(1,588	)
	Consolidated operating income	$	12,490		$	8,975		$	39,768		$	32,305
	Unallocated corporate expenses include corporate general and administrative expenses comprised of wages, insurance, taxes, supplies, travel and entertainment, professional fees and other.

Note_13_Stock_Repurchase_Progr

Note 13 - Stock Repurchase Program	9 Months Ended
	Sep. 28, 2014
Disclosure Text Block Supplement [Abstract]	'
Treasury Stock [Text Block]	'
	13.     STOCK REPURCHASE PROGRAM
	On February 22, 2013, the Board authorized a stock repurchase program for purchasing up to $10.0 million of the Company’s common stock over the following 12 months. On February 13, 2014, the Board authorized an increase in the amount of the Company’s stock that may be acquired through the existing stock repurchase program over the following 12 months to $20.0 million, including approximately $3.9 million available under the previous authorization.
	In the third quarter of 2014, the Company repurchased 78,183 shares at an average price of $41.50 per share for a total cost of approximately $3.2 million. In the first nine months of 2014, the Company repurchased 172,729 shares at an average price of $40.11 per share for a total cost of approximately $6.9 million. Since the inception of the stock repurchase program in February 2013 through October 24, 2014, the Company has repurchased in the aggregate 704,137 shares at an average price of $25.47 per share for a total cost of approximately $17.9 million.
	Common Stock
	The Company’s common stock does not have a stated par value. As a result, repurchases of common stock have been reflected, using an average cost method, as a reduction of common stock, additional paid-in-capital, and retained earnings on the Company’s condensed consolidated statements of financial position.

Note_3_Inventories_Tables

Note 3 - Inventories (Tables)	9 Months Ended
	Sep. 28, 2014
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
	(thousands)	Sept. 28, 2014			Dec. 31, 2013
	Raw materials	$	43,428		$	24,135
	Work in process		5,390			4,870
	Finished goods		4,329			3,877
	Less: reserve for inventory obsolescence		(1,647	)		(938	)
	Total manufactured goods, net		51,500			31,944
	Materials purchased for resale (distribution products)		26,318			24,904
	Less: reserve for inventory obsolescence		(829	)		(338	)
	Total materials purchased for resale (distribution products), net		25,489			24,566
	Total inventories	$	76,989		$	56,510

Note_4_Goodwill_and_Intangible1

Note 4 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 28, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Goodwill [Table Text Block]	'
	(thousands)	Manufacturing				Distribution				Total
	Balance - December 31, 2013	$	13,720			$	2,775			$	16,495
	Acquisitions		8,687				3,210				11,897
	Balance - September 28, 2014	$	22,407			$	5,985			$	28,392
Schedule of Intangible Assets By Major Class [Table Text Block]	'
	(thousands)	Sept. 28, 2014			Weighted Average Useful Life (years)		Dec. 31, 2013			Weighted Average Useful Life (years)
	Customer relationships	$	42,258		11		$	23,668		11
	Non-compete agreements		5,895		3			3,417		3
	Trademarks		8,725					4,166
			56,878					31,251
	Less: accumulated amortization		(8,676	)				(5,640	)
	Other intangible assets, net	$	48,202				$	25,611
Schedule of Intangible Assets by Business Segment [Table Text Block]	'
	(thousands)	Manufacturing				Distribution				Total
	Balance - December 31, 2013	$	19,626			$	5,985			$	25,611
	Acquisitions		17,265				8,362				25,627
	Amoritization		(2,156	)			(880	)			(3,036	)
	Balance - September 28, 2014	$	34,735			$	13,467			$	48,202

Note_5_Acquisitions_Tables

Note 5 - Acquisitions (Tables)	9 Months Ended
	Sep. 28, 2014
Business Combinations [Abstract]	'
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	'
	(thousands)
	Trade receivables	$	86
	Inventories		194
	Property, plant and equipment		683
	Prepaid expenses		125
	Accounts payable and accrued liabilities		(124	)
	Intangible assets		230
	Goodwill		57
	Total net purchase price	$	1,251
	(thousands)
	Trade receivables	$	1,425
	Inventories		208
	Property, plant and equipment		7,032
	Prepaid expenses		10
	Accounts payable and accrued liabilities		(847	)
	Intangible assets		4,492
	Goodwill		3,693
	Total net purchase price	$	16,013
	(thousands)
	Trade receivables	$	4,868
	Inventories		11,772
	Property, plant and equipment		3,934
	Prepaid expenses		129
	Accounts payable and accrued liabilities		(4,277	)
	Intangible assets		20,905
	Goodwill		8,025
	Total net purchase price	$	45,356
	(thousands)
	Trade receivables	$	1,545
	Inventories		250
	Property, plant and equipment		917
	Prepaid expenses		21
	Accounts payable and accrued liabilities		(2,135	)
	Intangible assets		2,092
	Goodwill		2,490
	Total net purchase price	$	5,180
	(thousands)
	Trade receivables	$	764
	Inventories		347
	Property, plant and equipment		561
	Accounts payable and accrued liabilities		(1,357	)
	Intangible assets		1,210
	Goodwill		1,095
	Total net purchase price	$	2,620
	(thousands)
	Trade receivables	$	902
	Inventories		1,439
	Property, plant and equipment		324
	Prepaid expenses		9
	Accounts payable and accrued liabilities		(2,094	)
	Intangible assets		5,461
	Goodwill		2,670
	Total net purchase price	$	8,711
Business Acquisition, Pro Forma Information [Table Text Block]	'
		Third Quarter Ended					Nine Months Ended
		Sept. 28,				Sept. 29,	Sept. 28,			Sept. 29,
	(thousands except per share data)		2014			2013		2014		2013
	Revenue	$	188,138		$	177,832	$	598,069	$	554,577
	Net income		7,254			5,297		24,719		20,508
	Net income per share – basic		0.68			0.5		2.31		1.91
	Net income per share – diluted		0.68			0.5		2.3		1.9

Note_7_Net_Income_Per_Common_S1

Note 7 - Net Income Per Common Share (Tables)	9 Months Ended
	Sep. 28, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
		Third Quarter Ended				Nine Months Ended
		Sept. 28,		Sept. 29,		Sept. 28,		Sept. 29,
	(thousands except per share data)		2014		2013		2014		2013
	Net income for basic and diluted per share calculation	$	7,254	$	5,452	$	23,381	$	19,028
	Weighted average common shares outstanding - basic		10,657		10,655		10,689		10,759
	Effect of potentially dilutive securities		63		42		55		41
	Weighted average common shares outstanding - diluted		10,720		10,697		10,744		10,800
	Basic net income per common share	$	0.68	$	0.51	$	2.19	$	1.77
	Diluted net income per common share	$	0.68	$	0.51	$	2.18	$	1.76

Note_9_Debt_Tables

Note 9 - Debt (Tables)	9 Months Ended
	Sep. 28, 2014
Debt Disclosure [Abstract]	'
Schedule of Required financial covenants compared to actual amounts [Table Text Block]	'
	(thousands except ratios)		Required		Actual
	Consolidated leverage ratio (12-month period)		3.5		1.5
	Consolidated interest coverage ratio (12-month period)		2.25		7.3
	Annual capital expenditures limitation (actual year-to-date)	$	10,000	$	4,184

Note_12_Segment_Information_Ta

Note 12 - Segment Information (Tables)	9 Months Ended
	Sep. 28, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
	(thousands)	Manufacturing			Distribution			Total
	Net outside sales	$	138,512		$	49,626		$	188,138
	Intersegment sales		4,861			639			5,500
	Operating income		13,647			2,673			16,320
	Third Quarter Ended September 29, 2013
	(thousands)	Manufacturing			Distribution			Total
	Net outside sales	$	112,578		$	34,045		$	146,623
	Intersegment sales		5,302			507			5,809
	Operating income		9,333			2,020			11,353
	Nine Months Ended September 28, 2014
	(thousands)	Manufacturing			Distribution			Total
	Net outside sales	$	410,146		$	135,997		$	546,143
	Intersegment sales		15,176			1,874			17,050
	Operating income		43,062			7,522			50,584
	Nine Months Ended September 29, 2013
	(thousands)	Manufacturing			Distribution			Total
	Net outside sales	$	349,068		$	99,251		$	448,319
	Intersegment sales		15,523			2,119			17,642
	Operating income		34,412			6,292			40,704
Reconciliation of Certain Line Items Pertaining to Total Reportable Segments [Table Text Block]	'
		Third Quarter Ended						Nine Months Ended
			Sept. 28,			Sept. 29,			Sept. 28,			Sept. 29,
	(thousands)		2014			2013			2014			2013
	Operating income for reportable segments	$	16,320		$	11,353		$	50,584		$	40,704
	Gain (loss) on sale of fixed assets		51			(6	)		27			424
	Unallocated corporate expenses		(2,473	)		(1,824	)		(7,807	)		(7,235	)
	Amortization of intangible assets		(1,408	)		(548	)		(3,036	)		(1,588	)
	Consolidated operating income	$	12,490		$	8,975		$	39,768		$	32,305

Note_3_Inventories_Details_Inv

Note 3 - Inventories (Details) - Inventories (USD $)	Sep. 28, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventory [Line Items]	'	'
Raw materials	$43,428	$24,135
Work in process	5,390	4,870
Finished goods	4,329	3,877
Total materials purchased for resale (distribution products), net	25,489	24,566
Total inventories	76,989	56,510
Total manufactured goods, net	51,500	31,944
Materials purchased for resale (distribution products)	26,318	24,904
Manufactured Goods [Member]	'	'
Inventory [Line Items]	'	'
Less: reserve for inventory obsolescence	-1,647	-938
Materials Purchased for Resale [Member]	'	'
Inventory [Line Items]	'	'
Less: reserve for inventory obsolescence	($829)	($338)

Note_4_Goodwill_and_Intangible2

Note 4 - Goodwill and Intangible Assets (Details) (USD $)

3 Months Ended

9 Months Ended

1 Months Ended

9 Months Ended

1 Months Ended

Sep. 28, 2014

Sep. 28, 2014

Dec. 31, 2013

Sep. 28, 2014

Jun. 29, 2014

Jun. 29, 2014

Sep. 28, 2014

Jun. 29, 2014

Jun. 29, 2014

Sep. 28, 2014

Jun. 29, 2014

Jun. 29, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Jun. 29, 2014

Jun. 29, 2014

Sep. 28, 2014

Trademarks [Member]

Customer Relationships [Member]

Customer Relationships [Member]

Customer Relationships [Member]

Trademarks [Member]

Trademarks [Member]

Trademarks [Member]

Noncompete Agreements [Member]

Noncompete Agreements [Member]

Noncompete Agreements [Member]

Customer Relationships and Non-compete Agreements [Member]

Customer Relationships and Non-compete Agreements [Member]

Customer Relationships and Non-compete Agreements [Member]

Precision [Member]

Foremost [Member]

PolyDyn3 [Member]

Precision [Member]

Foremost [Member]

PolyDyn3 [Member]

Precision [Member]

Foremost [Member]

PolyDyn3 [Member]

Precision [Member]

Foremost [Member]

PolyDyn3 [Member]

Minimum [Member]

Maximum [Member]

Note 4 - Goodwill and Intangible Assets (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Goodwill and Intangible Asset Impairment

$0

$0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Finite-lived Intangible Assets Acquired

'

'

'

'

2,904,000

15,485,000

201,000

483,000

4,070,000

6,000

1,105,000

1,350,000

23,000

'

'

'

'

'

'

Goodwill, Acquired During Period

'

11,897,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,693,000

8,025,000

57,000

Intangible Assets, Net (Excluding Goodwill)

$48,202,000

$48,202,000

$25,611,000

$8,700,000

'

'

'

'

'

'

'

'

'

'

'

$39,500,000

'

'

'

Finite-Lived Intangible Asset, Weighted Average Useful Life

'

'

'

'

'

'

'

'

'

'

'

'

'

'3 years

'19 years

'

'

'

'

Note_4_Goodwill_and_Intangible3

Note 4 - Goodwill and Intangible Assets (Details) - Carrying Amount of Goodwill by Segment (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014	Dec. 31, 2013
Goodwill [Line Items]	'	'
Carrying amount of goodwill	$28,392	$16,495
Acquisitions	11,897	'
Manufacturing [Member]	'	'
Goodwill [Line Items]	'	'
Carrying amount of goodwill	22,407	13,720
Acquisitions	8,687	'
Distribution [Member]	'	'
Goodwill [Line Items]	'	'
Carrying amount of goodwill	5,985	2,775
Acquisitions	$3,210	'

Note_4_Goodwill_and_Intangible4

Note 4 - Goodwill and Intangible Assets (Details) - Other Intangible Assets, Net, by Major Class (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014	Dec. 31, 2013
Note 4 - Goodwill and Intangible Assets (Details) - Other Intangible Assets, Net, by Major Class [Line Items]	'	'
Other intangible assets	$56,878	$31,251
Less: accumulated amortization	-8,676	-5,640
Other intangible assets, net	48,202	25,611
Customer Relationships [Member]	'	'
Note 4 - Goodwill and Intangible Assets (Details) - Other Intangible Assets, Net, by Major Class [Line Items]	'	'
Other intangible assets	42,258	23,668
Weighted average useful life	'11 years	'11 years
Noncompete Agreements [Member]	'	'
Note 4 - Goodwill and Intangible Assets (Details) - Other Intangible Assets, Net, by Major Class [Line Items]	'	'
Other intangible assets	5,895	3,417
Weighted average useful life	'3 years	'3 years
Trademarks [Member]	'	'
Note 4 - Goodwill and Intangible Assets (Details) - Other Intangible Assets, Net, by Major Class [Line Items]	'	'
Other intangible assets	$8,725	$4,166

Note_4_Goodwill_and_Intangible5

Note 4 - Goodwill and Intangible Assets (Details) - Other Intangible Assets by Segment (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013	Dec. 31, 2013
Note 4 - Goodwill and Intangible Assets (Details) - Other Intangible Assets by Segment [Line Items]	'	'	'	'	'
Carrying value of other intangible assets	$48,202	'	$48,202	'	$25,611
Acquisitions	'	'	25,627	'	'
Amoritization	-1,408	-548	-3,036	-1,588	'
Manufacturing [Member]	'	'	'	'	'
Note 4 - Goodwill and Intangible Assets (Details) - Other Intangible Assets by Segment [Line Items]	'	'	'	'	'
Carrying value of other intangible assets	34,735	'	34,735	'	19,626
Acquisitions	'	'	17,265	'	'
Amoritization	'	'	-2,156	'	'
Distribution [Member]	'	'	'	'	'
Note 4 - Goodwill and Intangible Assets (Details) - Other Intangible Assets by Segment [Line Items]	'	'	'	'	'
Carrying value of other intangible assets	13,467	'	13,467	'	5,985
Acquisitions	'	'	8,362	'	'
Amoritization	'	'	($880)	'	'

Note_5_Acquisitions_Details

Note 5 - Acquisitions (Details) (USD $)

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

1 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Jul. 27, 2014

Jun. 29, 2014

Sep. 29, 2013

Sep. 29, 2013

Sep. 29, 2013

Sep. 29, 2013

Sep. 29, 2013

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 28, 2014

Selling, General and Administrative Expenses [Member]

Selling, General and Administrative Expenses [Member]

Selling, General and Administrative Expenses [Member]

Selling, General and Administrative Expenses [Member]

PolyDyn3 [Member]

Precision [Member]

Foremost [Member]

Frontline [Member]

Premier Concepts, Inc. [Member]

West Side Furniture [Member]

Frontline, Premier and West Side [Member]

Frontline, Premier and West Side [Member]

Precision and Foremost [Member]

Precision and Foremost [Member]

Precision and Foremost [Member]

Acquired Entities [Member]

Acquired Entities [Member]

Frontline [Member]

Frontline [Member]

Premier Concepts, Inc. [Member]

Premier Concepts, Inc. [Member]

Note 5 - Acquisitions (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments to Acquire Businesses, Net of Cash Acquired

$62,620,000

$16,544,000

'

'

'

'

$1,300,000

$16,000,000

$45,400,000

$5,200,000

$2,600,000

$8,700,000

'

'

'

'

'

'

'

Business Combination, Separately Recognized Transactions, Net Gains and Losses

'

'

300,000

300,000

200,000

200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Business Acquisition, Pro Forma Amortization Expense

'

'

'

'

'

'

'

'

'

'

'

'

300,000

900,000

600,000

1,200,000

1,900,000

'

'

Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

25,000,000

26,600,000

Business Acquisition, Revenue Reported by Acquired Entity for Last Annual Period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1,800,000

$1,800,000

Note_5_Acquisitions_Details_Fa

Note 5 - Acquisitions (Details) - Fair Value of Assets Acquired, Summary (USD $)	Sep. 28, 2014	Dec. 31, 2013	Sep. 28, 2014	Jun. 29, 2014	Jun. 29, 2014	Sep. 29, 2013	Sep. 29, 2013	Sep. 29, 2013
In Thousands, unless otherwise specified			PolyDyn3 [Member]	Precision [Member]	Foremost [Member]	Frontline [Member]	Premier Concepts, Inc. [Member]	West Side Furniture [Member]
Note 5 - Acquisitions (Details) - Fair Value of Assets Acquired, Summary [Line Items]	'	'	'	'	'	'	'	'
Trade receivables	'	'	$86	$1,425	$4,868	$1,545	$764	$902
Inventories	'	'	194	208	11,772	250	347	1,439
Property, plant and equipment	'	'	683	7,032	3,934	917	561	324
Prepaid expenses	'	'	125	10	129	21	'	9
Accounts payable and accrued liabilities	'	'	-124	-847	-4,277	-2,135	-1,357	-2,094
Intangible assets	'	'	230	4,492	20,905	2,092	1,210	5,461
Goodwill	28,392	16,495	57	3,693	8,025	2,490	1,095	2,670
Total net purchase price	'	'	$1,251	$16,013	$45,356	$5,180	$2,620	$8,711

Note_5_Acquisitions_Details_Pr

Note 5 - Acquisitions (Details) - Pro Forma Information Related to Acquisitions (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013
Pro Forma Information Related to Acquisitions [Abstract]	'	'	'	'
Revenue	$188,138	$177,832	$598,069	$554,577
Net income	$7,254	$5,297	$24,719	$20,508
Net income per share – basic	$0.68	$0.50	$2.31	$1.91
Net income per share – diluted	$0.68	$0.50	$2.30	$1.90

Note_6_StockBased_Compensation1

Note 6 - Stock-Based Compensation (Details) (USD $)

0 Months Ended

1 Months Ended

0 Months Ended

1 Months Ended

3 Months Ended

9 Months Ended

1 Months Ended

0 Months Ended

1 Months Ended

0 Months Ended

In Millions, except Share data, unless otherwise specified

Sep. 30, 2014

22-May-14

Feb. 12, 2014

Feb. 18, 2014

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 30, 2014

Feb. 18, 2014

Mar. 04, 2013

23-May-13

Mar. 11, 2013

Dec. 18, 2013

Dec. 18, 2013

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Stock Appreciation Rights (SARs) [Member]

2009 Omnibus Incentive Plan [Member]

Note 6 - Stock-Based Compensation (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Allocated Share-based Compensation Expense (in Dollars)

'

'

'

'

$0.90

$0.30

$2.50

$0.90

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

'

'

'

'

'

'

'

'

'

'

89,947

19,480

5,000

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

'

'

'

'

'

'

'

'

'

'

'

'

'

200,000

200,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

296

10,560

34,000

65,668

'

'

'

'

'

44,001

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized (in Dollars)

'

'

'

'

'

'

'

'

$5.80

'

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

'

'

'

'

'

'

'21 months 12 days

'

'

'

'

'

'

'

'

Note_7_Net_Income_Per_Common_S2

Note 7 - Net Income Per Common Share (Details) - Earnings Per Common Share (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013
Earnings Per Common Share [Abstract]	'	'	'	'
Net income for basic and diluted per share calculation (in Dollars)	$7,254	$5,452	$23,381	$19,028
Weighted average common shares outstanding - basic	10,657	10,655	10,689	10,759
Effect of potentially dilutive securities	63	42	55	41
Weighted average common shares outstanding - diluted	10,720	10,697	10,744	10,800
Basic net income per common share (in Dollars per share)	$0.68	$0.51	$2.19	$1.77
Diluted net income per common share (in Dollars per share)	$0.68	$0.51	$2.18	$1.76

Note_8_Other_NonCurrent_Assets1

Note 8 - Other Non-Current Assets (Details) (USD $)	Sep. 28, 2014	Dec. 31, 2013
Disclosure Text Block Supplement [Abstract]	'	'
Other Assets, Noncurrent	$1,005,000	$982,000
Loans, Gross, Insurance Policy	$2,800,000	$2,700,000

Note_9_Debt_Details

Note 9 - Debt (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Dec. 31, 2013

Sep. 28, 2014

Oct. 24, 2012

Sep. 28, 2014

Dec. 31, 2013

Jun. 26, 2014

Sep. 28, 2014

Required [Member]

Required [Member]

Scenario, Forecast [Member]

Scenario, Forecast [Member]

Scenario, Forecast [Member]

Same Day Advance Swing Line [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Letter of Credit [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

London Interbank Offered Rate (LIBOR) [Member]

London Interbank Offered Rate (LIBOR) [Member]

Prime Rate [Member]

Minimum [Member]

Maximum [Member]

Note 9 - Debt (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Term

'

'

'

'

'

'

'

'

'

'5 years

'

'

'

'

Line of Credit Facility, Maximum Borrowing Capacity (in Dollars)

'

'

'

'

'

$5,000,000

'

'

'

$80,000,000

'

'

$125,000,000

$20,000,000

Long-term Line of Credit (in Dollars)

'

'

'

'

'

'

96,000,000

'

11,300,000

'

107,300,000

55,000,000

'

'

Debt Instrument, Basis Spread on Variable Rate

'

'

'

'

'

'

1.50%

1.50%

0.50%

'

'

'

'

'

Debt Instrument, Interest Rate, Effective Percentage

'

'

'

'

'

'

1.63%

1.69%

3.75%

'

'

'

'

'

Line of Credit Facility, Unused Capacity, Commitment Fee Percentage

'

'

'

'

'

'

'

'

'

'

0.20%

0.20%

'

'

Consolidated Leverage Ratio

3.5

3.5

3

3.5

'

'

'

'

'

'

'

'

'

'

Consolidated Interest Coverage Ratio

2.25

2.25

'

'

'

'

'

'

'

'

'

'

'

'

Annual Capital Expenditures Limitation And Actual Year To Date (in Dollars)

'

$10,000,000

'

'

$10,000,000

'

'

'

'

'

'

'

'

'

Minimum Asset Coverage Ratio

'

'

1

'

'

'

'

'

'

'

'

'

'

'

Note_9_Debt_Details_Required_F

Note 9 - Debt (Details) - Required Financial Covenants Compared to Actual Amounts (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014
Required [Member]	'
Note 9 - Debt (Details) - Required Financial Covenants Compared to Actual Amounts [Line Items]	'
Consolidated leverage ratio (12-month period)	3.5
Consolidated interest coverage ratio (12-month period)	2.25
Annual capital expenditures limitation (actual year-to-date) (in Dollars)	$10,000
Scenario, Actual [Member]	'
Note 9 - Debt (Details) - Required Financial Covenants Compared to Actual Amounts [Line Items]	'
Consolidated leverage ratio (12-month period)	1.5
Consolidated interest coverage ratio (12-month period)	7.3
Annual capital expenditures limitation (actual year-to-date) (in Dollars)	$4,184

Note_11_Income_Taxes_Details

Note 11 - Income Taxes (Details) (USD $)	3 Months Ended				9 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Jun. 30, 2013	Mar. 31, 2013	Sep. 28, 2014	Sep. 29, 2013	Dec. 31, 2013
Note 11 - Income Taxes (Details) [Line Items]	'	'	'	'	'	'	'
Effective Income Tax Rate Reconciliation, Percent	38.50%	35.40%	39.00%	39.00%	38.50%	38.00%	38.00%
Employee Service Share-based Compensation, Tax Benefit Realized from Exercise of Stock Options (in Dollars)	'	'	'	'	$1.10	'	'
State and Local Jurisdiction [Member]	'	'	'	'	'	'	'
Note 11 - Income Taxes (Details) [Line Items]	'	'	'	'	'	'	'
Operating Loss Carryforwards (in Dollars)	2.2	'	'	'	$2.20	'	4.5

Note_12_Segment_Information_De

Note 12 - Segment Information (Details) (Sales Revenue, Goods, Net [Member], Product Concentration Risk [Member])	9 Months Ended
	Sep. 28, 2014	Sep. 29, 2013
Manufacturing [Member]	'	'
Note 12 - Segment Information (Details) [Line Items]	'	'
Concentration Risk, Percentage	75.00%	78.00%
Distribution [Member]	'	'
Note 12 - Segment Information (Details) [Line Items]	'	'
Concentration Risk, Percentage	25.00%	22.00%

Note_12_Segment_Information_De1

Note 12 - Segment Information (Details) - Net Income, Assets and Certain Other Items of Segments (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013
Segment Reporting Information [Line Items]	'	'	'	'
Sales	$188,138	$146,623	$546,143	$448,319
Operating income	12,490	8,975	39,768	32,305
Outside Sales [Member] | Manufacturing [Member] | Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Sales	138,512	112,578	410,146	349,068
Outside Sales [Member] | Distribution [Member] | Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Sales	49,626	34,045	135,997	99,251
Outside Sales [Member] | Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Sales	188,138	146,623	546,143	448,319
Inside Sales [Member] | Manufacturing [Member] | Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Sales	4,861	5,302	15,176	15,523
Inside Sales [Member] | Distribution [Member] | Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Sales	639	507	1,874	2,119
Inside Sales [Member] | Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Sales	5,500	5,809	17,050	17,642
Manufacturing [Member] | Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Operating income	13,647	9,333	43,062	34,412
Distribution [Member] | Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Operating income	2,673	2,020	7,522	6,292
Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Operating income	$16,320	$11,353	$50,584	$40,704

Note_12_Segment_Information_De2

Note 12 - Segment Information (Details) - Reconciliation of Certain Line Items Pertaining to Total Reportable Segments to Consolidated Financial Statements (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013
Note 12 - Segment Information (Details) - Reconciliation of Certain Line Items Pertaining to Total Reportable Segments to Consolidated Financial Statements [Line Items]	'	'	'	'
Operating income	$12,490	$8,975	$39,768	$32,305
Gain (loss) on sale of fixed assets	51	-6	27	424
Unallocated corporate expenses	-2,473	-1,824	-7,807	-7,235
Amortization of intangible assets	-1,408	-548	-3,036	-1,588
Operating Segments [Member]	'	'	'	'
Note 12 - Segment Information (Details) - Reconciliation of Certain Line Items Pertaining to Total Reportable Segments to Consolidated Financial Statements [Line Items]	'	'	'	'
Operating income	$16,320	$11,353	$50,584	$40,704

Note_13_Stock_Repurchase_Progr1

Note 13 - Stock Repurchase Program (Details) (USD $)	3 Months Ended	9 Months Ended			21 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 28, 2014	Sep. 28, 2014	Feb. 13, 2014	Feb. 22, 2013	Oct. 24, 2014
					Subsequent Event [Member]
Note 13 - Stock Repurchase Program (Details) [Line Items]	'	'	'	'	'
Stock Repurchase Program, Authorized Amount	'	'	$20	$10	'
Stock Repurchase Program, Remaining Authorized Repurchase Amount	'	'	3.9	'	'
Treasury Stock, Shares, Acquired (in Shares)	78,183	172,729	'	'	704,137
Treasury Stock Acquired, Average Cost Per Share (in Dollars per share)	$41.50	$40.11	'	'	$25.47
Treasury Stock, Value, Acquired, Cost Method	$3.20	$6.90	'	'	$17.90