Superior Group of Companies (SGC) 10-Q 3 Nov 21 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Oct. 26, 2021
Document Information [Line Items]
Entity Central Index Key	0000095574
Entity Registrant Name	SUPERIOR GROUP OF COMPANIES, INC.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-05869
Entity Incorporation, State or Country Code	FL
Entity Tax Identification Number	11-1385670
Entity Address, Address Line One	10055 Seminole Boulevard
Entity Address, City or Town	Seminole
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33772-2539
City Area Code	727
Local Phone Number	397-9611
Title of 12(b) Security	Common Stock $0.001 par value per share
Trading Symbol	SGC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		15,971,211

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net sales	$ 123,326	$ 127,737	$ 394,960	$ 381,341
Costs and expenses:
Cost of goods sold	77,512	80,285	252,945	244,500
Selling and administrative expenses	35,059	34,917	104,076	98,704
Other periodic pension costs	459	212	1,328	830
Interest expense	320	239	925	1,732
Cost and Expenses, Including Interest Expense, Total	113,350	115,653	366,219	345,766
Income before taxes on income	9,976	12,084	28,741	35,575
Income tax expense	1,780	2,140	5,490	7,090
Net income	8,196	9,944	23,251	28,485
Pension plan termination charge	$ 0	$ 0	$ 6,945	$ 0
Net income per share:
Net income per share, basic (in dollars per share)	$ 0.53	$ 0.66	$ 1.51	$ 1.89
Net income per share, diluted (in dollars per share)	$ 0.51	$ 0.63	$ 1.45	$ 1.85
Weighted average shares outstanding during the period:
Weighted average number of shares outstanding during the period, basic (in shares)	15,528,534	15,084,300	15,394,427	15,041,738
Weighted average number of shares outstanding during the period, diluted (in shares)	16,099,850	15,711,122	16,059,686	15,361,035
Other comprehensive income (loss), net of tax:
Recognition of net losses included in net periodic pension costs	$ 278	$ 232	$ 1,383	$ 712
Recognition of settlement loss included in net periodic pension costs	0	62	0	314
Loss on cash flow hedging activities	(5)	(5)	(16)	(16)
Foreign currency translation adjustment	(570)	(145)	(184)	(1,546)
Other comprehensive income	(297)	144	6,413	(536)
Comprehensive income	$ 7,899	$ 10,088	$ 29,664	$ 27,949
Cash dividends per common share (in dollars per share)	$ 0.12	$ 0.20	$ 0.34	$ 0.30
Net sales	$ 123,326	$ 127,737	$ 394,960	$ 381,341
Recognition of net losses included in pension plan termination charges			$ 5,230	$ 0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 6,408	$ 5,172
Accounts receivable, less allowance for doubtful accounts of $5,852 and $7,667, respectively	92,500	101,902
Accounts receivable - other	2,338	1,356
Inventories	103,371	89,766
Contract assets	37,575	39,231
Prepaid expenses and other current assets	15,633	11,030
Total current assets	257,825	248,457
Property, plant and equipment, net	46,928	36,644
Operating lease right-of-use assets	6,299	3,826
Intangible assets, net	59,414	58,746
Goodwill	38,557	36,116
Other assets	13,154	10,135
Total assets	422,177	393,924
Current liabilities:
Accounts payable	38,096	39,327
Other current liabilities	36,069	44,670
Current portion of long-term debt	15,286	15,286
Current portion of acquisition-related contingent liabilities	3,929	5,589
Total current liabilities	93,380	104,872
Long-term debt	80,882	72,372
Long-term pension liability	14,548	14,574
Long-term acquisition-related contingent liabilities	0	1,892
Long-term operating lease liabilities	2,189	1,599
Deferred tax liability	1,448	450
Other long-term liabilities	8,795	6,535
Commitments and contingencies (Note 6)
Shareholders’ equity:
Preferred stock, $.001 par value - authorized 300,000 shares (none issued)	0	0
Common stock, $.001 par value - authorized 50,000,000 shares, issued and outstanding 15,960,253 and 15,391,660 shares, respectively.	16	15
Additional paid-in capital	66,996	61,844
Retained earnings	159,711	141,972
Accumulated other comprehensive income (loss), net of tax:
Pensions	(4,285)	(10,898)
Cash flow hedges	53	69
Foreign currency translation adjustment	(1,556)	(1,372)
Total shareholders’ equity	220,935	191,630
Total liabilities and shareholders’ equity	$ 422,177	$ 393,924

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts receivable, allowance for doubtful accounts	$ 5,852	$ 7,667
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	300,000	300,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	15,960,253	15,391,660
Common stock, shares outstanding (in shares)	15,960,253	15,391,660

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2019	15,227,604
Balance at Dec. 31, 2019	$ 15	$ 57,442	$ 107,581	$ (7,484)	$ 157,554
Common shares issued upon exercise of options, net (in shares)	118,788
Common shares issued upon exercise of options, net		1,590	(183)		1,407
Share-based compensation expense		1,790			1,790
Tax withheld on exercise of Stock Appreciation Rights (SARS)		(32)			(32)
Cash dividends declared			(4,574)		(4,574)
Net earnings			28,485		28,485
Cash flow hedges, net of taxes				(16)	(16)
Pensions, net of taxes				1,026	1,026
Change in currency translation adjustment, net of taxes				(1,546)	(1,546)
Restricted shares issued (in shares)	38,015
Restricted shares issued					0
Tax benefit from vesting of acquisition-related restricted stock		(13)			(13)
Common stock reacquired and retired (in shares)	(43,458)
Common stock reacquired and retired		(159)	(341)		(500)
Balance (in shares) at Sep. 30, 2020	15,340,949
Balance at Sep. 30, 2020	$ 15	60,618	130,968	(8,020)	183,581
Balance (in shares) at Jun. 30, 2020	15,231,781
Balance at Jun. 30, 2020	$ 15	58,381	124,243	(8,164)	174,475
Common shares issued upon exercise of options, net (in shares)	109,168
Common shares issued upon exercise of options, net		1,540	(166)		1,374
Share-based compensation expense		729			729
Tax withheld on exercise of Stock Appreciation Rights (SARS)		(32)			(32)
Cash dividends declared			(3,053)		(3,053)
Net earnings			9,944		9,944
Cash flow hedges, net of taxes				(5)	(5)
Pensions, net of taxes				294	294
Change in currency translation adjustment, net of taxes				(145)	(145)
Balance (in shares) at Sep. 30, 2020	15,340,949
Balance at Sep. 30, 2020	$ 15	60,618	130,968	(8,020)	$ 183,581
Balance (in shares) at Dec. 31, 2020	15,391,660				15,391,660
Balance at Dec. 31, 2020	$ 15	61,844	141,972	(12,201)	$ 191,630
Common shares issued upon exercise of options, net (in shares)	261,604				262,960
Common shares issued upon exercise of options, net	$ 1	2,629	(178)		$ 2,452
Share-based compensation expense		2,757			2,757
Tax withheld on exercise of Stock Appreciation Rights (SARS)		(405)			(405)
Cash dividends declared			(5,334)		(5,334)
Net earnings			23,251		23,251
Cash flow hedges, net of taxes				(16)	(16)
Pensions, net of taxes				6,613	6,613
Change in currency translation adjustment, net of taxes				(184)	(184)
Restricted shares issued (in shares)	264,166
Restricted shares issued					0
Tax benefit from vesting of acquisition-related restricted stock		171			171
Performance based shares issued (in shares)	42,823
Performance based shares issued					$ 0
Balance (in shares) at Sep. 30, 2021	15,960,253				15,960,253
Balance at Sep. 30, 2021	$ 16	66,996	159,711	(5,788)	$ 220,935
Balance (in shares) at Jun. 30, 2021	15,824,530
Balance at Jun. 30, 2021	$ 16	65,578	153,412	(5,491)	213,515
Share-based compensation expense		1,088			1,088
Cash dividends declared			(1,897)		(1,897)
Net earnings			8,196		8,196
Cash flow hedges, net of taxes				(5)	(5)
Pensions, net of taxes				278	278
Change in currency translation adjustment, net of taxes				(570)	(570)
Common shares issued upon exercise of options and SARs, net (in shares)	31,446
Common shares issued upon exercise of options and SARs, net		330			330
Restricted shares issued (in shares)	104,277
Restricted shares issued					$ 0
Balance (in shares) at Sep. 30, 2021	15,960,253				15,960,253
Balance at Sep. 30, 2021	$ 16	$ 66,996	$ 159,711	$ (5,788)	$ 220,935

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Cash dividends declared, per share (in dollars per share)	$ 0.12	$ 0.20	$ 0.34	$ 0.30
Cash flow hedges, tax	$ 0	$ 1	$ 2	$ 2
Pensions, tax	96	92	2,737	322
Change in currency translation adjustment, tax	$ 0	$ 0	$ 0	$ 449

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 23,251	$ 28,485
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	6,719	5,972
Provision for bad debts - accounts receivable	1,715	6,099
Share-based compensation expense	2,757	1,790
Deferred income tax benefit	(1,127)	(3,654)
Change in fair value of acquisition-related contingent liabilities	2,310	2,759
Pension plan termination charge	6,945	0
Changes in assets and liabilities, net of acquisition of business:
Accounts receivable	7,544	(12,225)
Accounts receivable - other	(732)	(1,121)
Contract assets	1,656	3,049
Inventories	(13,667)	(7,306)
Prepaid expenses and other current assets	(4,445)	(3,592)
Other assets	(1,462)	1
Accounts payable and other current liabilities	(12,287)	29,167
Payment of acquisition-related contingent liabilities	(4,220)	0
Long-term pension liability	860	864
Other long-term liabilities	2,344	779
Net cash provided by operating activities	18,161	51,067
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property, plant and equipment	(14,455)	(5,711)
Acquisition of business	(6,026)	0
Net cash used in investing activities	(20,481)	(5,711)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from borrowings of debt	173,436	137,559
Repayment of debt	(165,023)	(180,112)
Payment of cash dividends	(5,334)	(4,574)
Payment of acquisition-related contingent liability	(1,641)	(1,966)
Proceeds received on exercise of stock options	2,452	1,407
Tax withholdings on exercise of performance based stock	(405)	(32)
Tax (provision) benefit from vesting of acquisition-related restricted stock	171	(13)
Common stock reacquired and retired	0	(500)
Net cash provided by (used in) financing activities	3,656	(48,231)
Effect of currency exchange rates on cash	(100)	(512)
Net increase (decrease) in cash and cash equivalents	1,236	(3,387)
Cash and cash equivalents balance, beginning of period	5,172	9,038
Cash and cash equivalents balance, end of period	$ 6,408	$ 5,651

Note 1 - Description of Busines

Note 1 - Description of Business and Basis of Presentation	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 1 : Description of business Superior Group of Companies, Inc. (together with its subsidiaries, “the Company,” “Superior,” “we,” “our,” or “us”) was organized in 1920 1922 1998, May 3, 2018, Superior’s Uniforms and Related Products segment, through its primary signature marketing brands Fashion Seal Healthcare®, HPI®, and WonderWink®, manufactures (through third Superior services its Remote Staffing Solutions segment through multiple The Office Gurus® entities, including its subsidiaries in El Salvador, Belize, Jamaica, and the United States (collectively, “TOG”). TOG is primarily a near-shore premium provider of cost effective multilingual telemarketing and business process outsourced solutions. The Promotional Products segment, through the BAMKO®, Public Identity®, Tangerine® and Gifts by Design brands, services customers that purchase primarily promotional and related products. The segment currently has sales offices in the United States, Brazil and Canada with support services in China, Hong Kong and India. Basis of presentation The accompanying unaudited financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations. Intercompany items have been eliminated in consolidation. These condensed consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10 December 31, 2020 not We refer to the condensed consolidated financial statements collectively as “financial statements,” and individually as “statements of comprehensive income,” “balance sheets,” “statements of shareholders’ equity,” and “statements of cash flows” herein. Recent Accounting Pronouncements We consider the applicability and impact of all Accounting Standard Updates (“ASUs”). ASUs not not Recently Adopted Accounting Pronouncements In December 2019, 2019 12, Income Taxes (Topic 740 2019 12 740 January 1, 2021, not Recently Issued Accounting Pronouncements Not In June 2016, 2016 13, Financial Instruments—Credit Losses (Topic 326 ” February 2020, 2020 2, Financial Instruments – Credit Losses (Topic 326 842 No. 119 No. 2016 02, 842 2016 13, Financial Instruments—Credit Losses (Topic 326 December 15, 2022. In March 2020, 2020 04, Reference Rate Reform (Topic 848 may not may December 31, 2022.

Note 2 - Inventories

Note 2 - Inventories	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 2 Inventories consisted of the following amounts (in thousands): September 30, December 31, 2021 2020 Finished goods $ 86,455 $ 73,979 Work in process 2,288 1,634 Raw materials 14,628 14,153 Inventories $ 103,371 $ 89,766

Note 3 - Long-term Debt

Note 3 - Long-term Debt	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Long-term Debt [Text Block]	3 Debt consisted of the following (in thousands): September 30, December 31, 2021 2020 Credit Facilities: Revolving credit facility due February 2026 $ 37,768 $ 17,589 Term loan due February 2024 (“2017 Term Loan”) 16,500 21,000 Term loan due January 2026 (“2018 Term Loan”) 42,560 49,524 96,828 88,113 Less: Payments due within one year included in current liabilities 15,286 15,286 Debt issuance costs 660 455 Long-term debt less current maturities $ 80,882 $ 72,372 The Company is party to a credit agreement with Truist Bank, consisting of a revolving credit facility, a term loan maturing in February 2024 ( “2017 January 2026 ( “2018 2017 2018 On February 8, 2021, February 8, 2026. 2017 2018 zero not Obligations outstanding under the 2018 September 30, 2021 2017 one 2017 September 30, 2021 September 30, 2021 Contractual principal payments for the 2017 2021 2022 2023 2024 2018 2021 2022 2025 2026 not The Company is a party to an interest rate swap with a total notional value of $7.5 million as of September 30, 2021 February 2024. not No nine September 30, 2021 nine September 30, 2020

Note 4 - Periodic Pension Expen

Note 4 - Periodic Pension Expense	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Retirement Benefits [Text Block]	N OTE 4 – Periodic Pension Expense: The Company had previously sponsored two June 30, 2013, no December 31, 2014, no two The Company is also the sponsor of an unfunded supplemental executive retirement plan in which several of its employees are participants. The following table details the net periodic pension expense under the Company’s plans for the periods presented (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Service cost - benefits earned during the period $ 46 $ 38 $ 138 $ 114 Interest cost on projected benefit obligation 84 216 424 648 Expected return on plan assets - (389 ) (597 ) (1,167 ) Recognized actuarial loss 375 305 1,501 938 Settlement loss - 82 - 413 Pension plan termination charge - - 6,945 - Net periodic pension cost after settlements $ 505 $ 252 $ 8,411 $ 946 The pension settlement losses included in the table above resulted from lump sum pension payments made to various employees upon their retirement or termination during the periods specified. The pension settlement losses did not In the second 2021, two nine September 30, 2021 not September 30, 2021,

Note 5 - Net Sales

Note 5 - Net Sales	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE 5 For our Uniforms and Related Products and Promotional Products segments, revenue is primarily generated from the sale of finished products to customers. Revenue for our Uniforms and Related Products and Promotional Products segments is recognized when the performance obligations under the contract terms are satisfied. For certain contracts with customers in which the Company has an enforceable right to payment for goods with no not For our Remote Staffing segment, revenue is generated from providing our customers with staffing solution services. Revenue for our Remote Staffing segment is recognized as services are delivered. Revenue is measured at the amount of consideration we expect to receive in exchange for the goods or services. Variable consideration for estimated returns, allowances and other price variances is recorded based upon historical experience and current allowance programs. Contract termination terms may not not one one The following table presents disaggregated revenue by operating segment for the periods presented (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Uniforms and Related Products Segment: Uniforms and related products $ 61,621 $ 59,296 $ 182,080 $ 184,909 Personal protective equipment 269 13,938 18,571 24,269 Total Uniforms and Related Products Segment $ 61,890 $ 73,234 $ 200,651 $ 209,178 Remote Staffing Solutions Segment: Remote staffing solutions services $ 18,040 $ 11,636 $ 46,723 $ 30,187 Net intersegment eliminations (1,847 ) (1,309 ) (5,209 ) (3,834 ) Total Remote Staffing Solutions Segment $ 16,193 $ 10,327 $ 41,514 $ 26,353 Promotional Products Segment: Promotional products $ 44,296 $ 24,769 $ 136,682 $ 76,719 Personal protective equipment 947 19,407 16,113 69,091 Total Promotional Products Segment $ 45,243 $ 44,176 $ 152,795 $ 145,810 Consolidated Net Sales $ 123,326 $ 127,737 $ 394,960 $ 381,341 Contract Assets and Contract Liabilities The following table provides information about accounts receivable, contract assets and contract liabilities from contracts with customers (in thousands): September 30, December 31, 2021 2020 Accounts receivable $ 92,500 $ 101,902 Current contract assets 37,575 39,231 Current contract liabilities 7,367 5,074 Contract assets relate to goods produced without an alternative use for which the Company has an enforceable right to payment but which have not December 31, 2020 nine September 30, 2021 nine September 30, 2021 December 31, 2020

Note 6 - Contingencies

Note 6 - Contingencies	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 6 – Contingencies: The purchase price to acquire substantially all of the assets of BAMKO, Inc. (“BAMKO”) in 2016 2021. September 30, 2021 second 2022. 2017 2021. September 30, 2021 second 2022. may may The Company is involved in various legal actions and claims arising from the normal course of business. In the opinion of management, the ultimate outcome of these matters is not

Note 7 - Share-based Compensati

Note 7 - Share-based Compensation	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	NOTE 7 : Share-based compensation is recorded in selling and administrative expense in the statements of comprehensive income. The following table details the share-based compensation expense by type of award and the total related tax benefit for the periods presented (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Stock options and SARs $ 327 $ 412 $ 1,105 $ 921 Restricted stock 545 203 1,183 566 Performance shares 216 114 469 303 Total share-based compensation expense $ 1,088 $ 729 $ 2,757 $ 1,790 Stock options and Stock Appreciation Rights (“SARs”) The Company grants stock options and stock-settled SARs to employees that allow them to purchase shares of the Company’s common stock. Stock options are also granted to outside members of the Board of Directors of the Company. The Company determines the fair value of stock options and SARs at the date of grant using the Black-Scholes valuation model. All stock options and SARs granted prior to August 3, 2018 one two five ten 2013 “2013 A summary of stock option transactions during the nine September 30, 2021 Weighted Average Aggregate No. of Weighted Average Remaining Life Intrinsic Value Shares Exercise Price (in years) (in thousands) Outstanding, January 1, 2021 970,022 $ 12.92 3.74 $ 11,128 Granted (1) 143,543 25.02 Exercised (262,960 ) 10.10 Lapsed or cancelled (19,126 ) 14.90 Outstanding, September 30, 2021 831,479 15.86 3.43 6,487 Exercisable, September 30, 2021 487,161 14.66 2.83 4,231 ( 1 The weighted average grant date fair value of stock options granted was $9.91 per share. As of September 30, 2021 A summary of stock-settled SARs transactions during the nine September 30, 2021 Weighted Average Aggregate No. of Weighted Average Remaining Life Intrinsic Value Shares Exercise Price (in years) (in thousands) Outstanding, January 1, 2021 317,128 $ 13.47 3.36 $ 2,031 Granted (1) 31,687 25.75 Exercised (26,438 ) 14.74 Outstanding, September 30, 2021 322,377 14.57 2.88 2,899 Exercisable, September 30, 2021 160,586 15.29 2.20 1,296 ( 1 The weighted average grant date fair value of SARs granted was $10.09 per share. As of September 30, 2021 Restricted Stock The Company has granted shares of restricted stock to directors and certain employees, which vest at a specified future date, generally after three five 2013 A summary of restricted stock transactions during the nine September 30, 2021 Weighted Average No. of Grant Date Shares Fair Value Outstanding, January 1, 2021 157,244 $ 16.84 Granted 264,166 23.16 Vested (24,908 ) 23.55 Outstanding, September 30, 2021 396,502 20.63 As of September 30, 2021 Performance Shares The Company has granted performance shares, which either contain only service-based vesting conditions or service-based and performance-based vesting conditions. The service-based awards vest after the service period is met, which is generally three five five 2013 A summary of performance share transactions during the nine September 30, 2021 Weighted Average No. of Grant Date Shares Fair Value Outstanding, January 1, 2021 186,264 $ 18.28 Granted 116,405 22.13 Vested (57,255 ) 17.54 Forfeited (36,141 ) 15.19 Outstanding, September 30, 2021 209,273 21.16 As of September 30, 2021

Note 8 - Income Taxes

Note 8 - Income Taxes	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 8 – Income Taxes: The Company calculates its interim income tax provision in accordance with the accounting guidance for income taxes in interim periods. At the end of each interim period, the Company makes its best estimate of the annual expected effective tax rate and applies that rate to its ordinary year-to-date income or loss. The tax expense or benefit related to significant, unusual, or extraordinary items that will be separately reported or reported net of their related tax effect are individually computed and recognized in the interim period in which those items occur. The computation of the annual expected effective tax rate at each interim period requires certain estimates and assumptions including, but not may For the three September 30, 2021 three September 30, 2020 nine September 30, 2021 nine September 30, 2020 nine September 30, 2021 three nine September 30, 2021

Note 9 - Net Income Per Share

Note 9 - Net Income Per Share	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	9 – Net Income Per Share: The Company’s basic net income per share is computed based on the weighted average number of shares of common stock outstanding for the period. Diluted net income per share includes the effect of the Company’s outstanding stock options, stock appreciation rights, unvested shares of restricted stock and unvested performance shares, if the inclusion of these items is dilutive. The following table presents a reconciliation of basic and diluted net income per share for the three nine September 30, 2021 2020 Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Net income used in the computation of basic and diluted net income per share (in thousands) $ 8,196 $ 9,944 $ 23,251 $ 28,485 Weighted average shares outstanding - basic 15,528,534 15,084,300 15,394,427 15,041,738 Dilutive common stock equivalents 571,316 626,822 665,259 319,297 Weighted average shares outstanding - diluted 16,099,850 15,711,122 16,059,686 15,361,035 Net income per share: Basic $ 0.53 $ 0.66 $ 1.51 $ 1.89 Diluted $ 0.51 $ 0.63 $ 1.45 $ 1.85 Awards to purchase 251,989 and 152,110 shares of common stock with weighted average exercise prices of $24.88 and $23.26 per share were outstanding during the three September 30, 2021 2020 not Awards to purchase 176,713 and 348,077 shares of common stock with weighted average exercise prices of $25.35 and $19.68 per share were outstanding during the nine September 30, 2021 2020 not

Note 10 - Operating Segment Inf

Note 10 - Operating Segment Information	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	OTE 10 – Operating Segment Information : The Company classifies its businesses into three operating segments based on the types of products and services provided. The Uniforms and Related Products segment consists of sales to customers of uniforms and related items. The Remote Staffing Solutions segment consists of sales of staffing solutions. The Promotional Products segment consists of sales to customers of promotional products and other branded merchandise. The Company evaluates the performance of each operating segment based on several factors of which the primary financial measures are net sales and income before taxes on income. Amounts for corporate expenses are included in the totals for the Uniforms and Related Products segment. The following tables set forth financial information related to the Company’s operating segments (in thousands): Uniforms and Related Products Remote Staffing Solutions Promotional Products Intersegment Eliminations Total As of and For the Three Months Ended September 30, 2021: Net sales $ 61,890 $ 18,040 $ 45,243 $ (1,847 ) $ 123,326 Cost of goods sold 39,708 7,555 31,092 (843 ) 77,512 Gross margin 22,182 10,485 14,151 (1,004 ) 45,814 Selling and administrative expenses 19,244 6,576 10,243 (1,004 ) 35,059 Other periodic pension cost 459 - - - 459 Interest expense 309 - 11 - 320 Income before taxes on income $ 2,170 $ 3,909 $ 3,897 $ - $ 9,976 Depreciation and amortization $ 1,487 $ 398 $ 461 $ - $ 2,346 Capital expenditures $ 1,214 $ 1,733 $ 182 $ - $ 3,129 Total assets $ 289,028 $ 28,062 $ 105,087 $ - $ 422,177 Uniforms and Related Products Remote Staffing Solutions Promotional Products Intersegment Eliminations Total As of and For the Three Months Ended September 30, 2020: Net sales $ 73,234 $ 11,636 $ 44,176 $ (1,309 ) $ 127,737 Cost of goods sold 48,715 4,653 27,424 (507 ) 80,285 Gross margin 24,519 6,983 16,752 (802 ) 47,452 Selling and administrative expenses 21,987 3,927 9,805 (802 ) 34,917 Other periodic pension cost 212 - - - 212 Interest expense 210 - 29 - 239 Income before taxes on income $ 2,110 $ 3,056 $ 6,918 $ - $ 12,084 Depreciation and amortization $ 1,430 $ 243 $ 340 $ - $ 2,013 Capital expenditures $ 319 $ 404 $ 95 $ - $ 818 Total assets $ 269,776 $ 22,719 $ 74,743 $ - $ 367,238 Uniforms and Related Products Remote Staffing Solutions Promotional Products Intersegment Eliminations Total As of and For the Nine Months Ended September 30, 2021: Net sales $ 200,651 $ 46,723 $ 152,795 $ (5,209 ) $ 394,960 Cost of goods sold 131,730 19,233 104,273 (2,291 ) 252,945 Gross margin 68,921 27,490 48,522 (2,918 ) 142,015 Selling and administrative expenses 58,046 16,860 32,088 (2,918 ) 104,076 Other periodic pension cost 1,328 - - - 1,328 Pension plan termination charge 6,945 - - - 6,945 Interest expense 862 - 63 - 925 Income before taxes on income $ 1,740 $ 10,630 $ 16,371 $ - $ 28,741 Depreciation and amortization $ 4,373 $ 1,014 $ 1,332 $ - $ 6,719 Capital expenditures $ 11,125 $ 2,849 $ 481 $ - $ 14,455 Total assets $ 289,028 $ 28,062 $ 105,087 $ - $ 422,177 Uniforms and Related Products Remote Staffing Solutions Promotional Products Intersegment Eliminations Total As of and For the Nine Months Ended September 30, 2020: Net sales $ 209,178 $ 30,187 $ 145,810 $ (3,834 ) $ 381,341 Cost of goods sold 135,324 12,880 97,748 (1,452 ) 244,500 Gross margin 73,854 17,307 48,062 (2,382 ) 136,841 Selling and administrative expenses 60,226 10,840 30,020 (2,382 ) 98,704 Other periodic pension cost 830 - - - 830 Interest expense 1,420 - 312 - 1,732 Income before taxes on income $ 11,378 $ 6,467 $ 17,730 $ - $ 35,575 Depreciation and amortization $ 4,291 $ 657 $ 1,024 $ - $ 5,972 Capital expenditures $ 4,771 $ 750 $ 190 $ - $ 5,711 Total assets $ 269,776 $ 22,719 $ 74,743 $ - $ 367,238

Note 11 - Acquisition of Busine

Note 11 - Acquisition of Businesses	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Business Combination Disclosure [Text Block]	NOTE 11 Acquisition of Businesses: Gifts By Design, Inc. On January 29, 2021, Assets Acquired and Liabilities Assumed The total purchase price was allocated to the tangible and intangible assets and liabilities of Gifts by Design based on their estimated fair values as of the acquisition date. The excess of the purchase price over the estimated fair values of the assets acquired and liabilities assumed was allocated to goodwill. The following table presents the allocation of the total fair value of consideration transferred, as shown above, to the acquired tangible and intangible assets and liabilities of Gifts by Design based on their estimated fair values as of the effective date of the transaction (in thousands): Accounts receivable $ 251 Prepaid expenses and other current assets 196 Property, plant and equipment 60 Identifiable intangible assets 3,673 Goodwill 2,417 Total assets $ 6,597 Accounts payable 199 Other current liabilities 372 Total liabilities $ 571 The Company recorded $3.7 million in identifiable intangibles at fair value, consisting of $2.5 million in acquired customer relationships and $1.2 million for the brand name. The intangible assets associated with the customer relationships are being amortized for seven not nine September 30, 2021 The difference between the fair value of the consideration transferred and the values assigned to the assets acquired and liabilities assumed was recorded as goodwill, which is primarily attributed to the assembled workforce and expanded market opportunities.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of presentation The accompanying unaudited financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations. Intercompany items have been eliminated in consolidation. These condensed consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10 December 31, 2020 not We refer to the condensed consolidated financial statements collectively as “financial statements,” and individually as “statements of comprehensive income,” “balance sheets,” “statements of shareholders’ equity,” and “statements of cash flows” herein.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements We consider the applicability and impact of all Accounting Standard Updates (“ASUs”). ASUs not not Recently Adopted Accounting Pronouncements In December 2019, 2019 12, Income Taxes (Topic 740 2019 12 740 January 1, 2021, not Recently Issued Accounting Pronouncements Not In June 2016, 2016 13, Financial Instruments—Credit Losses (Topic 326 ” February 2020, 2020 2, Financial Instruments – Credit Losses (Topic 326 842 No. 119 No. 2016 02, 842 2016 13, Financial Instruments—Credit Losses (Topic 326 December 15, 2022. In March 2020, 2020 04, Reference Rate Reform (Topic 848 may not may December 31, 2022.

Note 2 - Inventories (Tables)

Note 2 - Inventories (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 30, December 31, 2021 2020 Finished goods $ 86,455 $ 73,979 Work in process 2,288 1,634 Raw materials 14,628 14,153 Inventories $ 103,371 $ 89,766

Note 3 - Long-term Debt (Tables

Note 3 - Long-term Debt (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	September 30, December 31, 2021 2020 Credit Facilities: Revolving credit facility due February 2026 $ 37,768 $ 17,589 Term loan due February 2024 (“2017 Term Loan”) 16,500 21,000 Term loan due January 2026 (“2018 Term Loan”) 42,560 49,524 96,828 88,113 Less: Payments due within one year included in current liabilities 15,286 15,286 Debt issuance costs 660 455 Long-term debt less current maturities $ 80,882 $ 72,372

Note 4 - Periodic Pension Exp_2

Note 4 - Periodic Pension Expense (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Service cost - benefits earned during the period $ 46 $ 38 $ 138 $ 114 Interest cost on projected benefit obligation 84 216 424 648 Expected return on plan assets - (389 ) (597 ) (1,167 ) Recognized actuarial loss 375 305 1,501 938 Settlement loss - 82 - 413 Pension plan termination charge - - 6,945 - Net periodic pension cost after settlements $ 505 $ 252 $ 8,411 $ 946

Note 5 - Net Sales (Tables)

Note 5 - Net Sales (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Uniforms and Related Products Segment: Uniforms and related products $ 61,621 $ 59,296 $ 182,080 $ 184,909 Personal protective equipment 269 13,938 18,571 24,269 Total Uniforms and Related Products Segment $ 61,890 $ 73,234 $ 200,651 $ 209,178 Remote Staffing Solutions Segment: Remote staffing solutions services $ 18,040 $ 11,636 $ 46,723 $ 30,187 Net intersegment eliminations (1,847 ) (1,309 ) (5,209 ) (3,834 ) Total Remote Staffing Solutions Segment $ 16,193 $ 10,327 $ 41,514 $ 26,353 Promotional Products Segment: Promotional products $ 44,296 $ 24,769 $ 136,682 $ 76,719 Personal protective equipment 947 19,407 16,113 69,091 Total Promotional Products Segment $ 45,243 $ 44,176 $ 152,795 $ 145,810 Consolidated Net Sales $ 123,326 $ 127,737 $ 394,960 $ 381,341
Schedule of Accounts Receivables and Contract Assets [Table Text Block]	September 30, December 31, 2021 2020 Accounts receivable $ 92,500 $ 101,902 Current contract assets 37,575 39,231 Current contract liabilities 7,367 5,074

Note 7 - Share-based Compensa_2

Note 7 - Share-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Stock options and SARs $ 327 $ 412 $ 1,105 $ 921 Restricted stock 545 203 1,183 566 Performance shares 216 114 469 303 Total share-based compensation expense $ 1,088 $ 729 $ 2,757 $ 1,790
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Weighted Average Aggregate No. of Weighted Average Remaining Life Intrinsic Value Shares Exercise Price (in years) (in thousands) Outstanding, January 1, 2021 970,022 $ 12.92 3.74 $ 11,128 Granted (1) 143,543 25.02 Exercised (262,960 ) 10.10 Lapsed or cancelled (19,126 ) 14.90 Outstanding, September 30, 2021 831,479 15.86 3.43 6,487 Exercisable, September 30, 2021 487,161 14.66 2.83 4,231
Share-based Payment Arrangement, Stock Appreciation Right, Activity [Table Text Block]	Weighted Average Aggregate No. of Weighted Average Remaining Life Intrinsic Value Shares Exercise Price (in years) (in thousands) Outstanding, January 1, 2021 317,128 $ 13.47 3.36 $ 2,031 Granted (1) 31,687 25.75 Exercised (26,438 ) 14.74 Outstanding, September 30, 2021 322,377 14.57 2.88 2,899 Exercisable, September 30, 2021 160,586 15.29 2.20 1,296
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	Weighted Average No. of Grant Date Shares Fair Value Outstanding, January 1, 2021 157,244 $ 16.84 Granted 264,166 23.16 Vested (24,908 ) 23.55 Outstanding, September 30, 2021 396,502 20.63
Schedule of Nonvested Performance-based Units Activity [Table Text Block]	Weighted Average No. of Grant Date Shares Fair Value Outstanding, January 1, 2021 186,264 $ 18.28 Granted 116,405 22.13 Vested (57,255 ) 17.54 Forfeited (36,141 ) 15.19 Outstanding, September 30, 2021 209,273 21.16

Note 9 - Net Income Per Share (

Note 9 - Net Income Per Share (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Net income used in the computation of basic and diluted net income per share (in thousands) $ 8,196 $ 9,944 $ 23,251 $ 28,485 Weighted average shares outstanding - basic 15,528,534 15,084,300 15,394,427 15,041,738 Dilutive common stock equivalents 571,316 626,822 665,259 319,297 Weighted average shares outstanding - diluted 16,099,850 15,711,122 16,059,686 15,361,035 Net income per share: Basic $ 0.53 $ 0.66 $ 1.51 $ 1.89 Diluted $ 0.51 $ 0.63 $ 1.45 $ 1.85

Note 10 - Operating Segment I_2

Note 10 - Operating Segment Information (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Uniforms and Related Products Remote Staffing Solutions Promotional Products Intersegment Eliminations Total As of and For the Three Months Ended September 30, 2021: Net sales $ 61,890 $ 18,040 $ 45,243 $ (1,847 ) $ 123,326 Cost of goods sold 39,708 7,555 31,092 (843 ) 77,512 Gross margin 22,182 10,485 14,151 (1,004 ) 45,814 Selling and administrative expenses 19,244 6,576 10,243 (1,004 ) 35,059 Other periodic pension cost 459 - - - 459 Interest expense 309 - 11 - 320 Income before taxes on income $ 2,170 $ 3,909 $ 3,897 $ - $ 9,976 Depreciation and amortization $ 1,487 $ 398 $ 461 $ - $ 2,346 Capital expenditures $ 1,214 $ 1,733 $ 182 $ - $ 3,129 Total assets $ 289,028 $ 28,062 $ 105,087 $ - $ 422,177 Uniforms and Related Products Remote Staffing Solutions Promotional Products Intersegment Eliminations Total As of and For the Three Months Ended September 30, 2020: Net sales $ 73,234 $ 11,636 $ 44,176 $ (1,309 ) $ 127,737 Cost of goods sold 48,715 4,653 27,424 (507 ) 80,285 Gross margin 24,519 6,983 16,752 (802 ) 47,452 Selling and administrative expenses 21,987 3,927 9,805 (802 ) 34,917 Other periodic pension cost 212 - - - 212 Interest expense 210 - 29 - 239 Income before taxes on income $ 2,110 $ 3,056 $ 6,918 $ - $ 12,084 Depreciation and amortization $ 1,430 $ 243 $ 340 $ - $ 2,013 Capital expenditures $ 319 $ 404 $ 95 $ - $ 818 Total assets $ 269,776 $ 22,719 $ 74,743 $ - $ 367,238 Uniforms and Related Products Remote Staffing Solutions Promotional Products Intersegment Eliminations Total As of and For the Nine Months Ended September 30, 2021: Net sales $ 200,651 $ 46,723 $ 152,795 $ (5,209 ) $ 394,960 Cost of goods sold 131,730 19,233 104,273 (2,291 ) 252,945 Gross margin 68,921 27,490 48,522 (2,918 ) 142,015 Selling and administrative expenses 58,046 16,860 32,088 (2,918 ) 104,076 Other periodic pension cost 1,328 - - - 1,328 Pension plan termination charge 6,945 - - - 6,945 Interest expense 862 - 63 - 925 Income before taxes on income $ 1,740 $ 10,630 $ 16,371 $ - $ 28,741 Depreciation and amortization $ 4,373 $ 1,014 $ 1,332 $ - $ 6,719 Capital expenditures $ 11,125 $ 2,849 $ 481 $ - $ 14,455 Total assets $ 289,028 $ 28,062 $ 105,087 $ - $ 422,177 Uniforms and Related Products Remote Staffing Solutions Promotional Products Intersegment Eliminations Total As of and For the Nine Months Ended September 30, 2020: Net sales $ 209,178 $ 30,187 $ 145,810 $ (3,834 ) $ 381,341 Cost of goods sold 135,324 12,880 97,748 (1,452 ) 244,500 Gross margin 73,854 17,307 48,062 (2,382 ) 136,841 Selling and administrative expenses 60,226 10,840 30,020 (2,382 ) 98,704 Other periodic pension cost 830 - - - 830 Interest expense 1,420 - 312 - 1,732 Income before taxes on income $ 11,378 $ 6,467 $ 17,730 $ - $ 35,575 Depreciation and amortization $ 4,291 $ 657 $ 1,024 $ - $ 5,972 Capital expenditures $ 4,771 $ 750 $ 190 $ - $ 5,711 Total assets $ 269,776 $ 22,719 $ 74,743 $ - $ 367,238

Note 11 - Acquisition of Busi_2

Note 11 - Acquisition of Businesses (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Accounts receivable $ 251 Prepaid expenses and other current assets 196 Property, plant and equipment 60 Identifiable intangible assets 3,673 Goodwill 2,417 Total assets $ 6,597 Accounts payable 199 Other current liabilities 372 Total liabilities $ 571

Note 2 - Inventories - Inventor

Note 2 - Inventories - Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Finished goods	$ 86,455	$ 73,979
Work in process	2,288	1,634
Raw materials	14,628	14,153
Inventories	$ 103,371	$ 89,766

Note 3 - Long-term Debt (Detail

Note 3 - Long-term Debt (Details Textual) - USD ($) $ in Thousands	Feb. 08, 2021	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Interest Rate Swap [Member]
Derivative Liability, Notional Amount		$ 7,500
Gain (Loss) on Derivative Instruments, Net, Pretax, Total			$ (300)
Credit Agreement [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.15%
Credit Agreement [Member] | Term Loan 2 [Member]
Debt Instrument, Interest Rate, Effective Percentage		0.93%
Long-Term Debt, Maturity, Remainder of Fiscal Year		$ 2,300
Long-Term Debt, Maturity, Year One		9,300
Long-Term Debt, Maturity, Year Three		9,300
Long-Term Debt, Maturity, Year Five		3,100
Long-Term Debt, Maturity, Year Two		9,300
Long-Term Debt, Maturity, Year Four		9,300
Credit Agreement [Member] | Term Loan [Member]
Long-Term Debt, Maturity, Remainder of Fiscal Year		1,500
Long-Term Debt, Maturity, Year One		6,000
Long-Term Debt, Maturity, Year Three		3,000
Long-Term Debt, Maturity, Year Two		$ 6,000
Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member] | Term Loan 2 [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate		0.85%
Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member] | Term Loan 2 [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate		1.65%
Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member] | Term Loan [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate		0.68%
Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member] | Term Loan [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate		1.50%
Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument, Interest Rate, Effective Percentage		0.93%
Credit Agreement [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, LIBOR Floor	0.25%
Credit Agreement [Member] | Revolving Credit Facility [Member] | Truist Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 125,000			$ 75,000
Credit Agreement [Member] | Revolving Credit Facility [Member] | Truist Bank [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, LIBOR Floor	0.25%			0.00%
Credit Agreement [Member] | Term Loan [Member]
Debt Instrument, Interest Rate, Effective Percentage		0.76%
Credit Agreement [Member] | Letter of Credit [Member]
Letters of Credit Outstanding, Amount		$ 0

Note 3 - Long-term Debt - Long-

Note 3 - Long-term Debt - Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Long-term debt, gross	$ 96,828	$ 88,113
Payments due within one year included in current liabilities	15,286	15,286
Debt issuance costs	660	455
Long-term debt less current maturities	80,882	72,372
Truist Bank [Member] | Term Loan Maturing February 26, 2024 [Member]
Long-term debt, gross	16,500	21,000
Truist Bank [Member] | Term Loan Maturing January 22, 2026 [Member]
Long-term debt, gross	42,560	49,524
Truist Bank [Member] | Revolving Credit Facility [Member]
Long-term debt, gross	$ 37,768	$ 17,589

Note 4 - Periodic Pension Exp_3

Note 4 - Periodic Pension Expense (Details Textual) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2021USD ($)	Jun. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)
Defined Benefit Plans Number of Plans	2			2
Defined Benefit Plans Retirement Age				65
Defined Benefit Plan, Termination Charge	$ 0		$ 0	$ 6,945	$ 0
Noncontributory Qualified Defined Pension Plans [Member]
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		$ 13,800
Defined Benefit Plan, Termination Charge				6,900
Defined Benefit Plan, Remaining Undistributed Asset Surplus	$ 1,300			$ 1,300
Noncontributory Qualified Defined Pension Plans [Member] | Annuitization Benefit [Member]
Guaranteed Benefit Liability, Net, Ending Balance		$ 3,000

Note 4 - Periodic Pension Exp_4

Note 4 - Periodic Pension Expense - Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Service cost - benefits earned during the period	$ 46	$ 38	$ 138	$ 114
Pension plan termination charge	0	0	6,945	0
Pension Plan [Member]
Interest cost on projected benefit obligation	84	216	424	648
Expected return on plan assets	0	(389)	(597)	(1,167)
Recognized actuarial loss	375	305	1,501	938
Settlement loss	0	82	0	413
Net periodic pension cost after settlements	$ 505	$ 252	$ 8,411	$ 946

Note 5 - Net Sales (Details Tex

Note 5 - Net Sales (Details Textual) $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)
Contract with Customer, Liability, Revenue Recognized	$ 4.2

Note 5 - Net Sales - Disaggrega

Note 5 - Net Sales - Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net sales	$ 123,326	$ 127,737	$ 394,960	$ 381,341
Intersegment Eliminations [Member]
Net sales	(1,847)	(1,309)	(5,209)	(3,834)
Uniforms and Related Products [Member]
Net sales	61,890	73,234	200,651	209,178
Uniforms and Related Products [Member] | Uniform and Related Product [Member]
Net sales	61,621	59,296	182,080	184,909
Uniforms and Related Products [Member] | Protective Equipment [Member]
Net sales	269	13,938	18,571	24,269
Remote Staffing Solutions [Member]
Net sales	16,193	10,327	41,514	26,353
Remote Staffing Solutions [Member] | Intersegment Eliminations [Member]
Net sales	(1,847)	(1,309)	(5,209)	(3,834)
Remote Staffing Solutions [Member] | Remote Staffing Solutions Services [Member]
Net sales	18,040	11,636	46,723	30,187
Promotional Products [Member]
Net sales	45,243	44,176	152,795	145,810
Promotional Products [Member] | Protective Equipment [Member]
Net sales	947	19,407	16,113	69,091
Promotional Products [Member] | Promotional Product [Member]
Net sales	$ 44,296	$ 24,769	$ 136,682	$ 76,719

Note 5 - Net Sales - Accounts R

Note 5 - Net Sales - Accounts Receivable and Contract Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts receivable	$ 92,500	$ 101,902
Current contract assets	37,575	39,231
Current contract liabilities	$ 7,367	$ 5,074

Note 6 - Contingencies (Details

Note 6 - Contingencies (Details Textual) $ in Millions	Sep. 30, 2021USD ($)
BAMKO [Member] | Minimum [Member]
Business Combination, Contingent Consideration, Liability, Total	$ 2.7
BAMKO [Member] | Maximum [Member]
Business Combination, Contingent Consideration, Liability, Total	3.2
Tangerine [Member]
Business Combination, Contingent Consideration, Liability, Total	1.2
Tangerine [Member] | Minimum [Member]
Business Combination, Contingent Consideration, Liability, Total	1.2
Tangerine [Member] | Maximum [Member]
Business Combination, Contingent Consideration, Liability, Total	$ 1.4

Note 7 - Share-based Compensa_3

Note 7 - Share-based Compensation (Details Textual) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)$ / shares
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 9.91
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total | $	$ 1.2
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	1 year 4 months 24 days
Outside Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)	10 years
Stock Appreciation Rights (SARs) [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total | $	$ 0.3
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	1 year 2 months 12 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 10.09
Restricted Stock [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total | $	$ 6.2
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	3 years 7 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 23.16
Restricted Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	3 years
Restricted Stock [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	5 years
Performance Shares [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total | $	$ 2.9
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	4 years 1 month 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 22.13
Performance Shares [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	3 years
Performance Shares [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	5 years
Share-based Payment Arrangement, Tranche One [Member] | Stock Options and Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	1 year
Share-based Payment Arrangement, Tranche Two [Member] | Stock Options and Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	2 years

Note 7 - Share-based Compensa_4

Note 7 - Share-based Compensation - Shared-based Compensation Expense and the Related Tax Benefit (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based compensation expense	$ 1,088	$ 729	$ 2,757	$ 1,790
Stock Options and SARs [Member]
Share-based compensation expense	327	412	1,105	921
Restricted Stock [Member]
Share-based compensation expense	545	203	1,183	566
Performance Shares [Member]
Share-based compensation expense	$ 216	$ 114	$ 469	$ 303

Note 7 - Share-based Compensa_5

Note 7 - Share-based Compensation - Stock Option Transactions (Details) - USD ($) $ / shares in Units, $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2021	Dec. 31, 2020	Jan. 01, 2021
Outstanding, options (in shares)		970,022
Outstanding, weighted average exercise price (in dollars per share)		$ 12.92
Outstanding, weighted average remaining life (Year)		3 years 5 months 4 days	3 years 8 months 26 days
Outstanding, aggregate intrinsic value		$ 6,487		$ 11,128
Granted (in shares)	[1]	143,543
Granted, weighted average exercise price (in dollars per share)	[1]	$ 25.02
Exercised (in shares)		(262,960)
Exercised, weighted average exercise price (in dollars per share)		$ 10.10
Lapsed or cancelled (in shares)		(19,126)
Lapsed or cancelled, weighted average exercise price (in dollars per share)		$ 14.90
Outstanding, options (in shares)		831,479	970,022
Outstanding, weighted average exercise price (in dollars per share)		$ 15.86	$ 12.92
Exercisable, options (in shares)		487,161
Exercisable, weighted average exercise price, options (in dollars per share)		$ 14.66
Exercisable, weighted average remaining life, options (Year)		2 years 9 months 29 days
Exercisable, aggregate intrinsic value, options		$ 4,231
[1]	The weighted average grant date fair value of stock options granted was $10.28 per share.

Note 7 - Share-based Compensa_6

Note 7 - Share-based Compensation - Stock-settled Stock Appreciation Rights Transactions (Details) - Stock Appreciation Rights (SARs) [Member] - USD ($) $ / shares in Units, $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2021	Dec. 31, 2020	Jan. 01, 2021
Outstanding SARS (in shares)		317,128
Outstanding (in dollars per share)		$ 13.47
Outstanding SARS, weighted average remaining life (Year)		2 years 10 months 17 days	3 years 4 months 9 days
Outstanding SARS, aggregate intrinsic value		$ 2,899		$ 2,031
Granted SARs (in shares)	[1]	31,687
Granted SARS, weighted average exercise price (in dollars per share)	[1]	$ 25.75
Exercised SARs (in shares)		(26,438)
Exercised SARS, weighted average exercise price (in dollars per share)		$ 14.74
Outstanding SARS (in shares)		322,377	317,128
Outstanding SARS, weighted average exercise price (in dollars per share)		$ 14.57	$ 13.47
Exercisable (in shares)		160,586
Exercisable, weighted average exercise price (in dollars per share)		$ 15.29
Exercisable, weighted average remaining life (Year)		2 years 2 months 12 days
Exercisable, aggregate intrinsic value		$ 1,296
[1]	The weighted average grant date fair value of SARs granted was $10.09 per share.

Note 7 - Share-based Compensa_7

Note 7 - Share-based Compensation - Restricted Stock Transactions (Details) - Restricted Stock [Member]	9 Months Ended
	Sep. 30, 2021$ / sharesshares
Outstanding (in shares) | shares	157,244
Outstanding, weighted average grant date fair value (in dollars per share) | $ / shares	$ 16.84
Granted (in shares) | shares	264,166
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	$ 23.16
Vested (in shares) | shares	(24,908)
Vested, weighted average grant date fair value (in dollars per share) | $ / shares	$ 23.55
Outstanding (in shares) | shares	396,502
Outstanding, weighted average grant date fair value (in dollars per share) | $ / shares	$ 20.63

Note 7 - Share-based Compensa_8

Note 7 - Share-based Compensation - Performance Share Transactions (Details) - Performance Shares [Member]	9 Months Ended
	Sep. 30, 2021$ / sharesshares
Outstanding (in shares) | shares	186,264
Outstanding, weighted average grant date fair value (in dollars per share) | $ / shares	$ 18.28
Granted (in shares) | shares	116,405
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	$ 22.13
Vested (in shares) | shares	(57,255)
Vested, weighted average grant date fair value (in dollars per share) | $ / shares	$ 17.54
Forfeited (in shares) | shares	(36,141)
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares	$ 15.19
Outstanding (in shares) | shares	209,273
Outstanding, weighted average grant date fair value (in dollars per share) | $ / shares	$ 21.16

Note 8 - Income Taxes (Details

Note 8 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Tax Expense (Benefit), Total	$ 1,780	$ 2,140	$ 5,490	$ 7,090
Effective Income Tax Rate Reconciliation, Percent, Total	17.80%	17.70%	19.10%	19.90%
Effective Income Tax Rate Reconciliation, Tax Expense (Benefit), Share-based Payment Arrangement, Amount	$ (800)		$ (800)
Income Tax Expense Related to Termination of Defined Benefit Plan	$ (600)		$ (600)

Note 9 - Net Income Per Share_2

Note 9 - Net Income Per Share (Details Textual) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	251,989	152,110	176,713	348,077
Antidilutive Securities Excluded from Computation of Earnings Per Share, Weight Average Exercise Price (in dollars per share)	$ 24.88	$ 23.26	$ 25.35	$ 19.68

Note 9 - Net Income Per Share -

Note 9 - Net Income Per Share - Reconciliation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net income	$ 8,196	$ 9,944	$ 23,251	$ 28,485
Weighted average shares outstanding - basic (in shares)	15,528,534	15,084,300	15,394,427	15,041,738
Dilutive common stock equivalents (in shares)	571,316	626,822	665,259	319,297
Weighted average number of shares outstanding during the period, diluted (in shares)	16,099,850	15,711,122	16,059,686	15,361,035
Basic (in dollars per share)	$ 0.53	$ 0.66	$ 1.51	$ 1.89
Diluted (in dollars per share)	$ 0.51	$ 0.63	$ 1.45	$ 1.85

Note 10 - Operating Segment I_3

Note 10 - Operating Segment Information (Details Textual)	9 Months Ended
	Sep. 30, 2021
Number of Operating Segments	3

Note 10 - Operating Segment I_4

Note 10 - Operating Segment Information - Information Related to the Operations of the Company's Operating Segments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Net sales	$ 123,326	$ 127,737	$ 394,960	$ 381,341
Cost of goods sold	77,512	80,285	252,945	244,500
Gross margin	45,814	47,452	142,015	136,841
Selling and administrative expenses	35,059	34,917	104,076	98,704
Other periodic pension cost	459	212	1,328	830
Interest expense	320	239	925	1,732
Income before taxes on income	9,976	12,084	28,741	35,575
Depreciation and amortization	2,346	2,013	6,719	5,972
Capital expenditures	3,129	818	14,455	5,711
Total assets	422,177	367,238	422,177	367,238	$ 393,924
Defined Benefit Plan, Termination Charge	0	0	6,945	0
Intersegment Eliminations [Member]
Net sales	(1,847)	(1,309)	(5,209)	(3,834)
Cost of goods sold	(843)	(507)	(2,291)	(1,452)
Gross margin	(1,004)	(802)	(2,918)	(2,382)
Selling and administrative expenses	(1,004)	(802)	(2,918)	(2,382)
Other periodic pension cost	0	0	0	0
Interest expense	0	0	0	0
Income before taxes on income	0	0	0	0
Depreciation and amortization	0	0	0	0
Capital expenditures	0	0	0	0
Total assets	0	0	0	0
Defined Benefit Plan, Termination Charge			0
Uniforms and Related Products [Member]
Net sales	61,890	73,234	200,651	209,178
Uniforms and Related Products [Member] | Operating Segments [Member]
Net sales	61,890	73,234	200,651	209,178
Cost of goods sold	39,708	48,715	131,730	135,324
Gross margin	22,182	24,519	68,921	73,854
Selling and administrative expenses	19,244	21,987	58,046	60,226
Other periodic pension cost	459	212	1,328	830
Interest expense	309	210	862	1,420
Income before taxes on income	2,170	2,110	1,740	11,378
Depreciation and amortization	1,487	1,430	4,373	4,291
Capital expenditures	1,214	319	11,125	4,771
Total assets	289,028	269,776	289,028	269,776
Defined Benefit Plan, Termination Charge			6,945
Remote Staffing Solutions [Member]
Net sales	16,193	10,327	41,514	26,353
Remote Staffing Solutions [Member] | Operating Segments [Member]
Net sales	18,040	11,636	46,723	30,187
Cost of goods sold	7,555	4,653	19,233	12,880
Gross margin	10,485	6,983	27,490	17,307
Selling and administrative expenses	6,576	3,927	16,860	10,840
Other periodic pension cost	0	0	0	0
Interest expense	0	0	0	0
Income before taxes on income	3,909	3,056	10,630	6,467
Depreciation and amortization	398	243	1,014	657
Capital expenditures	1,733	404	2,849	750
Total assets	28,062	22,719	28,062	22,719
Defined Benefit Plan, Termination Charge			0
Remote Staffing Solutions [Member] | Intersegment Eliminations [Member]
Net sales	(1,847)	(1,309)	(5,209)	(3,834)
Promotional Products [Member]
Net sales	45,243	44,176	152,795	145,810
Promotional Products [Member] | Operating Segments [Member]
Net sales	45,243	44,176	152,795	145,810
Cost of goods sold	31,092	27,424	104,273	97,748
Gross margin	14,151	16,752	48,522	48,062
Selling and administrative expenses	10,243	9,805	32,088	30,020
Other periodic pension cost	0	0	0	0
Interest expense	11	29	63	312
Income before taxes on income	3,897	6,918	16,371	17,730
Depreciation and amortization	461	340	1,332	1,024
Capital expenditures	182	95	481	190
Total assets	$ 105,087	$ 74,743	105,087	$ 74,743
Defined Benefit Plan, Termination Charge			$ 0

Note 11 - Acquisition of Busi_3

Note 11 - Acquisition of Businesses (Details Textual) - Gifts By Design [Member] - USD ($) $ in Thousands	Jan. 29, 2021	Sep. 30, 2021
Payments to Acquire Businesses, Gross	$ 6,000
Goodwill, Purchase Accounting Adjustments		$ 2,300
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	$ 3,673	3,700
Amortization of Intangible Assets, Total		200
Trade Names [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total		1,200
Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total		$ 2,500
Finite-Lived Intangible Asset, Useful Life (Year)	7 years

Note 11 - Acquisition of Busi_4

Note 11 - Acquisition of Businesses - Aggregate Consideration (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jan. 29, 2021	Dec. 31, 2020
Goodwill	$ 38,557		$ 36,116
Gifts By Design [Member]
Accounts receivable		$ 251
Prepaid expenses and other current assets		196
Property, plant and equipment		60
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	$ 3,700	3,673
Goodwill		2,417
Total assets		6,597
Accounts payable		199
Other current liabilities		372
Total liabilities		$ 571