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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 22,450,000 $ 45,048,000
Short-term investments 19,258,000 23,766,000
Accounts receivable, net of allowance for doubtful accounts of $41 and $36 in 2020 and 2019, respectively 16,445,000 18,886,000
Inventories 50,298,000 42,093,000
Prepaid expenses and other current assets 3,868,000 2,545,000
Total Current Assets 112,319,000 132,338,000
Long-term investments 46,207,000 31,772,000
Property, Plant and Equipment 218,912,000 200,990,000
Less: accumulated depreciation 123,977,000 116,384,000
Total Eqiupment 94,935,000 84,606,000
Other Assets and Deferred Charges:    
Patents and licenses, net of accumulated amortization of $12,419 and $12,301 in 2020 and 2019, respectively 1,421,000 1,539,000
Goodwill 9,730,000 9,730,000
Other 2,278,000 2,046,000
Total Non- Current Assets 13,429,000 13,315,000
Total Assets 266,890,000 262,031,000
Current Liabilities:    
Accounts payable 6,635,000 5,707,000
Accrued liabilities 6,565,000 5,148,000
Accrued income and other taxes 436,000 419,000
Total Current Liabilities 13,636,000 11,274,000
Line of credit 0 0
Other Liabilities and Deferred Credits:    
Deferred income taxes 10,768,000 8,496,000
Other 2,044,000 4,391,000
Other Liabilities 12,812,000 12,887,000
Total Liabilities 26,448,000 24,161,000
Commitments and Contingencies 0 0
Stockholders' Equity:    
Common stock, par value $0.10 per share, authorized 10,000 shares, issued 3,420 shares 342,000 342,000
Additional paid-in capital 53,527,000 52,043,000
Retained earnings 337,700,000 317,745,000
Treasury shares, 1,594 shares in 2020 and 1,565 shares in 2019, at cost (151,127,000) (132,260,000)
Total Stockholders' Equity 240,442,000 237,870,000
Total Liabilities and Stockholders' Equity $ 266,890,000 $ 262,031,000