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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 32,264,000 $ 22,450,000
Short-term investments 29,059,000 19,258,000
Accounts receivable, net of allowance for doubtful accounts of $69 and $41 in 2021 and 2020, respectively 21,023,000 16,445,000
Inventories 50,778,000 50,298,000
Prepaid expenses and other current assets 3,447,000 3,868,000
Total Current Assets 136,571,000 112,319,000
Long-term investments 19,423,000 46,207,000
Property, Plant and Equipment 233,217,000 218,912,000
Less: accumulated depreciation 135,245,000 123,977,000
Total Eqiupment 97,972,000 94,935,000
Other Assets and Deferred Charges:    
Patents and licenses, net of accumulated amortization of $12,538 and $12,419 in 2021 and 2020, respectively 1,302,000 1,421,000
Goodwill 9,730,000 9,730,000
Other 2,266,000 2,278,000
Total Non- Current Assets 13,298,000 13,429,000
Total Assets 267,264,000 266,890,000
Current Liabilities:    
Accounts payable 7,146,000 6,635,000
Accrued liabilities 5,930,000 6,565,000
Accrued income and other taxes 270,000 436,000
Total Current Liabilities 13,346,000 13,636,000
Line of credit 0 0
Other Liabilities and Deferred Credits:    
Deferred income taxes 7,082,000 10,768,000
Other 2,540,000 2,044,000
Other Liabilities 9,622,000 12,812,000
Total Liabilities 22,968,000 26,448,000
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 61,174,000 53,527,000
Retained earnings 357,324,000 337,700,000
Treasury shares, 1,619 shares in 2021 and 1,594 shares in 2020, at cost (174,544,000) (151,127,000)
Total Stockholders' Equity 244,296,000 240,442,000
Total Liabilities and Stockholders' Equity $ 267,264,000 $ 266,890,000