Delaware 04-1933106		04-1933106
(State of incorporation) (I.R.S. Employer Identification No.)		(I.R.S. Employer Identification No.)

		September 28, 2002				December 29, 2001
		(Unaudited)				(Audited)
ASSETS
Current assets:
Cash		$	1,288			$	600
Accounts receivable, less reserves of $1,928 and $1,712 at September 28, 2002 and December 29, 2001, respectively			50,970				48,907
Inventories			55,426				47,993
Prepaid and refundable income taxes			1,919				1,800
Production supplies			1,347				1,336
Prepaid insurance			1,931				1,316
Other current assets			5,439				5,082
Total current assets			118,320				107,034
Property, plant and equipment, net			175,089				159,419
Other assets:
Goodwill, net			5,432				5,432
Other assets			1,775				1,799
Total assets		$	300,616			$	273,684
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of capital lease obligations		$	—			$	697
Accounts payable			18,579				23,269
Accrued expenses			10,990				10,470
Total current liabilities			29,569				34,436
Long-term debt			79,500				63,500
Deferred income taxes			28,965				25,260
Other long-term liabilities			2,091				1,985
Commitments and contingencies
Redeemable preferred stock:
Series A convertible, $0.01 par value per share, liquidation preference $1,000 per share, 50,000 shares authorized, none issued			—				—
Stockholders’ equity:
Common stock, $0.01 par value per share, 40,000,000 shares authorized; 16,139,781 and 15,825,196 shares issued and outstanding as of September 28, 2002 and December 29, 2001, respectively			161				158
Additional paid-in capital			86,707				84,230
Retained earnings			75,809				65,408
Accumulated other comprehensive loss			(2,186	)			(1,293	)
Total stockholders’ equity			160,491				148,503
Total liabilities and stockholders’ equity		$	300,616			$	273,684

		Three Months Ended							Nine Months Ended
		Sept. 28, 2002			Sept. 29, 2001				Sept. 28, 2002			Sept. 29, 2001
		(Unaudited)
Net sales		$	80,990		$	76,376			$	282,953		$	240,849
Cost of products sold			64,945			61,163				221,180			190,532
Gross profit			16,045			15,213				61,773			50,317
Selling, general and administrative expenses			12,406			12,893				41,790			36,311
Non-recurring charge			—			800				—			800
Operating income			3,639			1,520				19,983			13,206
Other expenses:
Interest expense			1,196			1,004				3,404			3,062
Other, net			76			(1	)			70			14
Income before provision for income taxes			2,367			517				16,509			10,130
Provision for income taxes			875			186				6,108			3,647
Net income		$	1,492		$	331			$	10,401		$	6,483
Earnings per common share—basic (Note 1)		$	0.09		$	0.02			$	0.65		$	0.41
Earnings per common share—diluted (Note 1)		$	0.09		$	0.02			$	0.62		$	0.39
Weighted average shares outstanding—basic (Note 1)			16,112			15,789				15,981			15,751
Weighted average shares outstanding—diluted (Note 1)			16,890			16,554				16,899			16,504

		Three Months Ended								Nine Months Ended
		Sept. 28, 2002				Sept. 29, 2001				Sept. 28, 2002				Sept. 29, 2001
		(Unaudited)
Net income		$	1,492			$	331			$	10,401			$	6,483
Foreign currency translation adjustment			(644	)			(97	)			(885	)			22
Derivative instrument adjustment			(8	)			7				(8	)			(2	)
Comprehensive income		$	840			$	241			$	9,508			$	6,503

		Nine Months Ended
		Sept. 28, 2002				Sept. 29, 2001
		(Unaudited)
Cash flows from operating activities:
Net income		$	10,401			$	6,483
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			12,406				11,394
Stock option compensation expense			77				—
Deferred income taxes			3,705				1,735
Tax benefit related to exercise of common stock options and stock option compensation expense			908				194
Changes in operating assets and liabilities:
Accounts receivable			(2,063	)			(7,741	)
Inventories			(7,433	)			(4,755	)
Prepaid expenses and other assets			(1,009	)			684
Accounts payable and accrued expenses			(4,170	)			2,978
Other long-term liabilities			106				(64	)
Net cash provided by operating activities			12,928				10,908
Cash flows from investing activities:
Purchase of property, plant and equipment			(28,015	)			(14,332	)
Cash flows from financing activities:
Change in revolving credit facility			11,000				4,900
Repayments of capital lease obligations			(697	)			(1,742	)
Proceeds from exercise of common stock options and issuance of shares under the employee stock purchase plan			1,495				301
Proceeds from issuance of long-term debt			5,000				—
Capitalization of deferred financing costs			(130	)			—
Net cash provided by financing activities			16,668				3,459
Effect of exchange rates on cash			(893	)			20
Net increase in cash			688				55
Cash, beginning of period			600				440
Cash, end of period		$	1,288			$	495