SUBSEQUENT EVENTS |
9 Months Ended |
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Oct. 01, 2011 | |
| Notes to Financial Statements [Abstract] | |
| SUBSEQUENT EVENTS |
NOTE 9--SUBSEQUENT EVENTS
The Company performs an evaluation of events that occur after the balance sheet date but before financial statements are issued for potential recognition or disclosure of such events in its financial statements. The Company evaluated subsequent events through the date that the financial statements were issued.
On November 10, 2011, the Board of Directors of the Company voted to pay an annual dividend of $0.25 per share payable on December 5, 2011 to holders of record on November 25, 2011, for a total cash payment of $1,582,000. The Board will continue to review at or near the end of each fiscal year the financial performance of the Company and the capital needed to support future growth during the last Board Meeting of each year to determine the amount of cash dividend, if any, which is appropriate.
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