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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,894 $ 9,338
Accounts receivable, less allowance 34,511 26,012
Inventories, net 42,510 40,087
Prepaid expenses and other current assets 2,525 2,381
Total current assets 81,440 77,818
Property, plant and equipment:    
Land 1,425 1,429
Buildings 10,480 9,561
Machinery and equipment 17,042 16,243
Total property, plant and equipment 28,947 27,233
Less accumulated depreciation 14,371 13,505
Net property, plant and equipment 14,576 13,728
Goodwill 4,696 4,696
Intangible assets, less accumulated amortization 17,268 17,882
Other assets 598 606
Total assets 118,578 114,730
Current liabilities:    
Accounts payable 12,972 11,151
Other accrued liabilities 4,640 5,633
Total current liabilities 17,612 16,784
Long-term debt 44,318 43,450
Mortgage payable, net of current portion 3,578 3,711
Other non-current liabilities 846 847
Total liabilities 66,354 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 8,945 8,881
Retained earnings 46,924 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 (1,292) (1,057)
Total accumulated other comprehensive loss (1,869) (1,634)
Total stockholders' equity 52,224 49,938
Total liabilities and stockholders' equity $ 118,578 $ 114,730