CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 21,662	$ 3,309
Receivables (less allowance for credit loss at December 31, 2020 and 2019 - $24)	56,966	40,931
Inventory	141,011	136,931
Prepaid expenses	2,644	2,048
Refundable income taxes	0	987
Total current assets	222,283	184,206
Property, plant, and equipment, net	131,992	128,419
Operating lease right-of-use assets, net	5,151	6,490
Other assets	7,149	3,482
Total assets	366,575	322,597
Current Liabilities
Current maturities of long-term debt	1,600	401
Accounts payable	30,273	29,511
Income taxes payable	704	0
Accrued expenses	20,752	9,383
Total current liabilities	53,329	39,295
Long-term debt, less current maturities	38,271	40,658
Credit agreement - revolver	0	1
Long-term operating lease liabilities	3,057	4,267
Deferred credits	2,196	1,233
Other noncurrent liabilities	4,898	4,170
Deferred income taxes	2,298	1,929
Total liabilities	104,049	91,553
Commitments and Contingencies – Note 9
Capital stock
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares	4	4
Common stock
No par value; authorized 40,000,000 shares; issued 18,115,965 shares at December 31, 2020 and 2019; 16,915,862 and 17,028,125 shares outstanding at December 31, 2020 and 2019, respectively	6,715	6,715
Additional paid-in capital	15,503	14,029
Retained earnings	262,943	230,784
Accumulated other comprehensive loss	486	(246)
Treasury stock, at cost, 1,200,103 and 1,087,840 shares at December 31, 2020 and 2019, respectively	(23,125)	(20,242)
Total stockholders’ equity	262,526	231,044
Total liabilities and stockholders’ equity	$ 366,575	$ 322,597