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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 5,698 $ 4,409
Accounts receivable, less allowance 30,635 25,102
Inventories, net 38,970 41,332
Prepaid expenses and other current assets 1,787 2,149
Total current assets 77,090 72,992
Property, plant and equipment:    
Land 1,417 1,423
Buildings 9,840 10,144
Machinery and equipment 19,592 18,244
Total property, plant and equipment 30,849 29,811
Less accumulated depreciation 16,843 15,268
Net property, plant and equipment 14,006 14,543
Operating lease right-of-use asset 2,123  
Goodwill 4,696 4,696
Intangible assets, less accumulated amortization 16,107 17,044
Other assets 202 203
Total assets 114,224 109,478
Current liabilities:    
Accounts payable 7,217 7,983
Lease liability - current portion 920  
Current portion of mortgage payable 267 267
Other accrued liabilities 8,202 5,115
Total current liabilities 16,606 13,365
Long-term debt 38,125 40,283
Mortgage payable, net of current portion 3,244 3,444
Lease liability - non-current portion 1,210  
Other non-current liabilities 15 53
Total liabilities 59,200 57,145
Commitments and Contingencies  
STOCKHOLDERS' EQUITY    
Common stock, par value $2.50: authorized 8,000,000 shares; issued - 4,838,071 shares in 2019 and 2018, including treasury stock 12,094 12,094
Additional paid-in capital 8,473 8,982
Retained earnings 50,996 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 (1,643) (1,519)
Total accumulated other comprehensive loss (2,304) (2,058)
Total stockholders' equity 55,024 52,333
Total liabilities and stockholders' equity $ 114,224 $ 109,478