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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 8,626 $ 11,883
Restricted cash 800 800
Accounts receivable, less allowance for doubtful accounts of $614 and $549, respectively 45,162 37,682
Allowance for Doubtful Accounts 614 549
Inventories, net 54,894 52,887
Miscellaneous receivables and prepaid expenses 4,270 3,653
Total current assets 113,752 106,905
Property, plant and equipment, net 16,932 23,548
Deferred income taxes 17,372 20,592
Goodwill 20,582 20,079
Cash value of life insurance 14,440 12,599
Intangible assets, net 12,468 13,112
Lease Assets, Right-of-Use Asset 11,917 0
Other assets 275 307
Total assets 207,738 197,142
Current liabilities:    
Revolving lines of credit 2,195 10,823
Accounts payable 16,325 15,207
Lease obligation 3,781 0
Accrued expenses and other liabilities 37,873 40,179
Total current liabilities 60,174 66,209
Noncurrent liabilities:    
Security bonus plan 11,969 12,413
Lease obligation 10,360 5,213
Deferred compensation 5,915 5,304
Deferred tax liability 2,879 2,761
Other liabilities 3,460 6,069
Total liabilities 94,757 97,969
Stockholders' equity:    
Authorized - 500,000 shares, Issued and outstanding — None 0 0
Authorized - 35,000,000 shares Issued - 9,042,597 and 9,005,716 shares, respectively Outstanding - 8,956,981 and 8,955,930 shares, respectively 9,043 9,006
Capital in excess of par value 17,626 15,623
Retained earnings 89,502 77,338
Treasury stock – 85,616 and 49,786 shares, respectively (2,595) (1,234)
Accumulated other comprehensive loss (595) (1,560)
Total stockholders’ equity 112,981 99,173
Total liabilities and stockholders’ equity $ 207,738 $ 197,142