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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,065 $ 9,338
Accounts receivable, less allowance 24,486 26,012
Inventories, net 41,900 40,087
Prepaid expenses and other current assets 2,766 2,381
Total current assets 70,217 77,818
Property, plant and equipment:    
Land 1,432 1,429
Buildings 10,038 9,561
Machinery and equipment 16,696 16,243
Total property, plant and equipment 28,166 27,233
Less accumulated depreciation 14,008 13,505
Net property, plant and equipment 14,158 13,728
Goodwill 4,696 4,696
Intangible assets, less accumulated amortization 17,576 17,882
Other assets 599 606
Total assets 107,246 114,730
Current liabilities:    
Accounts payable 7,483 11,151
Other accrued liabilities 3,670 5,633
Total current liabilities 11,153 16,784
Long-term debt 41,100 43,450
Mortgage payable, net of current portion 3,644 3,711
Other non-current liabilities 857 847
Total liabilities 56,754 64,792
Commitments and Contingencies  
STOCKHOLDERS' EQUITY    
Common stock, par value $2.50: authorized 8,000,000 shares; issued - 4,838,071 shares in 2018 and 2017 including treasury stock 12,094 12,094
Additional paid-in capital 9,024 8,881
Retained earnings 44,860 44,467
Treasury stock, at cost - 1,464,010 shares in 2018 and 2017 (13,870) (13,870)
Accumulated other comprehensive loss:    
Minimum pension liability (577) (577)
Translation adjustment (1,039) (1,057)
Total accumulated other comprehensive loss (1,616) (1,634)
Total stockholders' equity 50,492 49,938
Total liabilities and stockholders' equity $ 107,246 $ 114,730