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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash $ 1,150 $ 1,033
Receivables, net of allowance for doubtful accounts of $642 in 2012 and $665 in 2011 17,008 23,400
Inventories, primarily finished goods, net 30,154 34,093
Other current assets 2,347 2,726
Total current assets 50,659 61,252
Property, plant and equipment, at cost:    
Buildings and improvements 6,636 6,625
Tooling and equipment 19,377 19,191
Property, plant and equipment, gross 26,013 25,816
Accumulated depreciation (20,938) (20,679)
Land 230 230
Property, plant and equipment, net 5,305 5,367
Other assets:    
Cash surrender value of life insurance policies 5,511 5,056
Deferred income taxes, non-current 307 297
Intangible assets 8,306 8,431
Other assets 208 192
Total other assets 14,332 13,976
Total assets 70,296 80,595
LIABILITIES AND SHAREHOLDERS' EQUITY    
Bank debt 13,352 18,655
Accounts payable 3,975 7,368
Accrued salaries and commissions 1,095 2,359
Accrued advertising and sales promotion costs 712 1,668
Accrued product warranty costs 962 1,191
Accrued income taxes 492 826
Deferred income taxes, current 12 12
Other accrued liabilities 2,822 2,854
Total current liabilities 23,422 34,933
Non-current liabilities:    
Deferred compensation 7,549 7,392
Deferred income taxes, non-current 1,155 1,159
Other long-term liabilities 648 588
Total non-current liabilities 9,352 9,139
Total liabilities 32,774 44,072
Commitments and contingencies      
Shareholders' equity:    
Preferred stock, $1 par value Authorized: 1,000,000 shares Issued: None      
Common stock, $.33 1/3 par value Authorized: 12,000,000 shares Issued: 7,178,400 shares for 2012 and 7,107,400 shares for 2011 Outstanding: 6,610,580 shares for 2012 and 6,539,580 shares for 2011 2,392 2,368
Paid-in capital 21,073 20,965
Retained earnings 19,628 19,289
Accumulated other comprehensive loss (1,734) (2,262)
Total shareholders' equity before treasury stock-Cobra 41,359 40,360
Treasury stock, at cost (567,820 shares) (3,837) (3,837)
Total shareholders' equity 37,522 36,523
Total liabilities and shareholders' equity $ 70,296 $ 80,595