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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 3,798 $ 4,409
Accounts receivable, less allowance 25,228 25,102
Inventories, net 40,570 41,332
Prepaid expenses and other current assets 2,281 2,149
Total current assets 71,877 72,992
Property, plant and equipment:    
Land 1,420 1,423
Buildings 10,267 10,144
Machinery and equipment 18,550 18,244
Total property, plant and equipment 30,237 29,811
Less accumulated depreciation 15,814 15,268
Net property, plant and equipment 14,423 14,543
Operating lease right-of-use asset 2,674  
Goodwill 4,696 4,696
Intangible assets, less accumulated amortization 16,736 17,044
Other assets 209 203
Total assets 110,615 109,478
Current liabilities:    
Accounts payable 5,672 7,983
Lease liability - current portion 1,030  
Current portion of mortgage payable 267 267
Other accrued liabilities 4,374 5,115
Total current liabilities 11,343 13,365
Long-term debt 41,340 40,283
Mortgage payable, net of current portion 3,378 3,444
Lease liability - non current portion 1,650  
Other accrued liabilities - non current 36 53
Total liabilities 57,747 57,145
Commitments and Contingencies  
STOCKHOLDERS' EQUITY    
Common stock, par value $2.50: authorized 8,000,000 shares; issued and outstanding - 4,838,071 shares in 2019 and 2018, including treasury stock 12,094 12,094
Additional paid-in capital 9,114 8,982
Retained earnings 48,074 47,550
Treasury stock, at cost - 1,487,238 shares in 2019 and 2018 (14,235) (14,235)
Accumulated other comprehensive loss:    
Minimum pension liability (661) (539)
Translation adjustment (1,518) (1,519)
Total accumulated other comprehensive loss (2,179) (2,058)
Total stockholders' equity 52,868 52,333
Total liabilities and stockholders' equity $ 110,615 $ 109,478