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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 04, 2015
Jan. 03, 2015
Current assets:    
Cash and cash equivalents $ 558 $ 675
Receivables, net 21,254 19,855
Receivable for insured losses   156
Inventories:    
Finished goods 7,955 7,144
Work in process 1,055 1,119
Raw materials and supplies 8,881 9,213
Prepaid expenses 2,045 1,639
Refundable income taxes 470 464
Deferred income taxes 77 1,060
Total current assets 42,295 41,325
Property, plant and equipment, net 16,966 17,720
Goodwill 7,229 7,229
Amortizable intangible assets, net 43 66
Deferred income taxes 3,750 2,860
Other assets 2,601 2,601
Total assets 72,884 71,801
Current liabilities:    
Revolving bank loan payable 3,900 5,800
Accounts payable and accrued expenses 15,770 14,828
Liability for unpaid claims covered by insurance   156
Total current liabilities 19,670 20,784
Other long-term liabilities 6,046 4,195
SHAREHOLDERS' EQUITY    
Common shares, $0.25 par value; authorized 3,000,000 shares; issued 2,574,264 shares 643 643
Capital in excess of par value 1,817 1,827
Retained earnings 60,220 60,070
Treasury shares, 912,097 and 924,097 at cost (15,512) (15,718)
Total shareholders' equity 47,168 46,822
Total liabilities and shareholders' equity $ 72,884 $ 71,801