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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 01, 2016
Jan. 02, 2016
Current assets:    
Cash and cash equivalents $ 240 $ 547
Receivables, net 21,426 22,715
Receivable for insured losses 32  
Inventories    
Finished goods 9,443 7,446
Work in process 1,310 1,459
Raw materials and supplies 9,837 10,741
Prepaid expenses 3,204 2,138
Refundable income taxes   70
Total current assets 45,492 45,116
Property, plant and equipment 19,357 17,639
Other assets    
Goodwill 7,229 7,229
Amortizable intangible assets, net 0 21
Deferred income taxes 3,329 3,149
Other assets 1,115 2,601
Total assets 76,522 75,755
Current liabilities:    
Revolving bank loan payable 1,000 6,200
Accounts payable and accrued expenses 16,805 15,267
Liability for unpaid claims covered by insurance 32  
Income taxes 835  
Total current liabilities 18,672 21,467
Other long-term liabilities 5,981 5,872
SHAREHOLDERS' EQUITY    
Common shares, $.25 par value; authorized 3,000,000 shares; issued 2,574,264 shares 643 643
Capital in excess of par value 1,765 1,817
Retained earnings 64,834 61,483
Treasury shares, 915,097, at cost (15,373) (15,527)
Total shareholders' equity 51,869 48,416
Total liabilities and shareholders' equity $ 76,522 $ 75,755