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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 5,306 $ 4,167
Accounts receivable, less allowance of $1,079 in 2021 and $1,152 in 2020 36,088 27,173
Inventories 48,795 50,704
Prepaid expenses and other current assets 2,458 1,642
Total current assets 92,647 83,686
Property, plant and equipment:    
Land 1,764 1,770
Buildings 12,800 12,899
Machinery and equipment 29,532 24,524
Total property, plant and equipment 44,096 39,193
Less: accumulated depreciation 20,914 18,954
Net property, plant and equipment 23,182 20,239
Operating lease right-of-use asset, net 3,187 2,422
Goodwill 4,800 4,800
Intangible assets, less accumulated amortization 17,615 18,721
Total assets 141,431 129,868
Current liabilities:    
Accounts payable 6,695 7,601
Operating lease liability - current portion 945 873
Current portion of mortgage payable 267 267
Other accrued liabilities 11,215 11,460
Total current liabilities 19,122 20,201
Long-term debt 40,454 38,767
Mortgage payable, net of current portion 2,711 2,911
Operating lease liability - non-current portion 2,485 1,654
Other non-current liabilities 111 110
Total liabilities 64,883 67,151
Commitments and Contingencies (see note 2)
STOCKHOLDERS' EQUITY    
Common stock, par value $2.50: authorized 8,000,000 shares; 5,061,345 shares issued and 3,559,687 shares outstanding in 2021 and 4,840,571 shares issued and 3,338,913 shares outstanding in 2020 12,653 12,101
Additional paid-in capital 11,575 7,931
Retained earnings 67,998 58,033
Treasury stock, at cost - 1,501,658 shares in 2021 and 2020 (14,522) (14,522)
Accumulated other comprehensive loss:    
Translation adjustment (1,156) (826)
Total stockholders’ equity 76,548 62,717
Total liabilities and stockholders’ equity $ 141,431 129,868
PPP Loan    
Current liabilities:    
Long-term debt   $ 3,508