CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 20,353	$ 13,375
Accounts receivable, net of allowance for doubtful accounts of $967 and $513, respectively	60,855	59,709
Inventories	53,728	51,074
Prepaid expenses and other	9,417	8,058
Total current assets	144,353	132,216
Property, plant and equipment	174,741	160,725
Less - accumulated depreciation	(66,507)	(65,585)
Property, plant and equipment, net	108,234	95,140
Purchased intangible assets, net	5,880	8,589
Deferred tax assets	3,836	4,001
Other assets	15,118	472
Total assets	277,421	240,418
CURRENT LIABILITIES:
Accounts payable	34,758	24,243
Accrued expenses	6,903	8,967
Accrued anti-dumping penalties	0	8,000
Dividend payable	1,866	295
Accrued income taxes	9,651	9,545
Accrued employee compensation and benefits	10,668	9,250
Contract liabilities	2,736	1,140
Current portion of long-term debt	3,125	3,125
Other current liabilities	1,716	0
Total current liabilities	71,423	64,565
Long-term debt	11,147	38,230
Deferred tax liabilities	3,786	379
Other long-term liabilities	18,924	2,958
Total liabilities	105,280	106,132
Commitments and Contingencies (Note 8)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	0	0
Common stock, $0.05 par value; 25,000,000 shares authorized; 14,652,675 and 14,905,776 shares outstanding, respectively	756	749
Additional paid-in capital	85,639	80,077
Retained earnings	119,002	89,291
Other cumulative comprehensive loss	(25,803)	(35,014)
Treasury stock, at cost, and company stock held for deferred compensation, at par; 464,532 and 82,186 shares, respectively	(7,453)	(817)
Total stockholders’ equity	172,141	134,286
Total liabilities and stockholders' equity	$ 277,421	$ 240,418