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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 2,524 $ 2,998
Accounts receivable, net of allowance for doubtful accounts and discounts & allowances of $1,220 at March 31, 2019 and December 31, 2018 respectively 7,374 6,276
Inventories, net 6,514 5,817
Prepaid expenses and other current assets 1,123 1,077
Refundable income taxes 1,258 2,748
Total current assets 18,793 18,916
Property, plant and equipment, net 23,959 24,573
Operating lease right-of-use asset 1,056 0
Intangible assets    
Goodwill & indefinite-lived intangibles 12,824 12,824
Other intangible assets, net 271 344
Total intangible assets 13,095 13,168
Other Assets 165 150
Total assets 57,068 56,807
Current liabilities    
Accounts payable 5,601 4,570
Accrued expenses 3,114 2,777
Accrued income taxes 87 106
Total current liabilities 8,802 7,453
Line of credit 4,671 5,995
Operating lease liabilities 611 0
Deferred income taxes, net 390 390
Other long-term liabilities 124 564
Total liabilities 14,598 14,402
Stockholders' equity    
Preferred stock, no par value; 2,500 shares authorized; no shares issued or outstanding at March 31, 2019 and December 31, 2018, respectively 0 0
Common stock, no par value; 40,000 shares authorized; 17,274 shares issued; 15,773 and 15,814 outstanding at March 31, 2019 and December 31, 2018, respectively 6,509 6,509
Paid-in-capital 2,663 2,303
Treasury stock, at cost (12,824) (12,970)
Retained earnings 46,122 46,563
Total stockholders' equity 42,470 42,405
Total liabilities and stockholders' equity $ 57,068 $ 56,807