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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 295 $ 301
Receivables, net 22,347 22,359
Receivable for insured losses 15 32
Inventories    
Finished goods 9,329 8,077
Work in process 1,425 1,433
Raw materials and supplies 12,277 11,135
Prepaid expenses 1,771 1,807
Refundable income taxes 956 739
Total current assets 48,415 45,883
Property, plant and equipment 19,598 19,606
Other assets    
Goodwill 7,229 7,229
Deferred income taxes 1,616 1,616
Other assets 3,643 3,674
Total assets 80,501 78,008
Current liabilities:    
Revolving bank loan payable 3,200 2,000
Accounts payable and accrued expenses 19,130 17,719
Liability for unpaid claims covered by insurance 15 32
Total current liabilities 22,345 19,751
Other long-term liabilities 6,074 6,053
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 1,887 1,765
Retained earnings 64,747 65,169
Treasury shares, 892,097 and 903,097, at cost (15,195) (15,373)
Total shareholders' equity 52,082 52,204
Total liabilities and shareholders' equity $ 80,501 $ 78,008