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Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Current Assets:      
Cash and cash equivalents $ 426 $ 16 $ 919
Receivables, less allowance of $669; $652; and $367; respectively 53,480 49,985 63,378
Inventories 85,485 92,462 105,267
Prepaid expenses 5,117 4,280 4,303
Prepaid income tax 156 88 2,080
TOTAL CURRENT ASSETS 144,664 146,831 175,947
Property, plant and equipment, net 22,856 23,786 23,949
Assets held for sale 0 2,653 2,823
Operating lease right-of-use assets 7,640 8,378 8,645
Intangible assets, net 26,409 28,640 29,260
Goodwill 42,326 42,326 42,326
Other assets 1,035 391 423
TOTAL ASSETS 244,930 253,005 283,373
Current Liabilities:      
Current portion of long-term debt 7,143 7,143 7,143
Trade accounts payable 19,965 9,797 24,050
Accrued liabilities 13,769 15,283 11,991
Current operating lease liabilities 1,083 1,041 1,037
TOTAL CURRENT LIABILITIES 41,960 33,264 44,221
Other Liabilities:      
Long‑term debt 22,353 43,753 64,896
Deferred income tax liability 3,125 3,125 4,516
Operating lease liabilities 7,125 7,897 8,163
Other liabilities 297 387 407
TOTAL LIABILITIES 74,860 88,426 122,203
Stockholders' Equity:      
Authorized 30,000,000 shares; no par value, issued and outstanding – 13,877,302; 13,736,800; and 13,736,800; shares respectively 5,909 4,480 3,935
Retained earnings 164,161 160,099 157,235
TOTAL STOCKHOLDERS' EQUITY 170,070 164,579 161,170
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 244,930 $ 253,005 $ 283,373