CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 15,483	$ 21,278
Trade receivables, net of allowance for doubtful accounts of $362 and $611 at December 31, 2016 and 2015, respectively	26,104	22,710
Inventories	31,098	26,175
Prepaid expenses and other assets	3,120	3,749
Total current assets	75,805	73,912
Property, plant and equipment, net	37,474	35,315
Deferred income taxes	923	2,548
Intangible assets, net	34,252	29,984
Goodwill	27,522	17,757
Other long term assets	3,943	2,631
Total assets	179,919	162,147
Current liabilities:
Debt obligations	936	9,860
Accounts payable	13,204	13,000
Accrued liabilities	10,678	11,121
Total current liabilities	24,818	33,981
Long-term debt	70,483	57,518
Deferred income taxes	3,266	630
Pension and post-retirement obligations	4,381	2,785
Other long term liabilities	4,685	2,636
Total liabilities	107,633	97,550
Commitments and contingencies (Note 9)
Stockholders' Equity:
Common stock, no par value, authorized 50,000 shares; 9,374 and 9,276 shares issued and outstanding at December 31, 2016 and 2015, respectively	29,503	27,824
Preferred stock, par value $1.00 per share, authorized 5,000 shares; no shares issued or outstanding
Retained earnings	54,786	46,650
Accumulated other comprehensive loss	(12,003)	(9,877)
Total stockholders' equity	72,286	64,597
Total Liabilities and Stockholders' Equity	$ 179,919	$ 162,147

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.