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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 891 $ 2,657
Trade accounts receivable, net 4,918 4,915
Inventories, net 16,349 20,175
Other current assets 1,260 752
Current deferred tax asset, domestic 30 37
Current deferred tax asset, foreign 44 54
Total current assets 23,492 28,590
PROPERTY, PLANT AND EQUIPMENT, net 19,585 18,889
DEFERRED TAX ASSET, foreign 772 662
OTHER ASSETS 20 22
Total Assets 43,869 48,163
CURRENT LIABILITIES:    
Accounts payable 2,700 3,318
Accrued expenses 1,062 1,832
Notes payable under lines of credit 2,140 886
Export credit refinancing facility 1,047 2,777
Current maturities of long-term debt - financial institutions 808 1,113
Total current liabilities 7,757 9,926
LONG-TERM DEBT - FINANCIAL INSTITUTIONS 1,223 1,607
DEFERRED TAX LIABILITY, domestic 599 618
Total liabilities $ 9,579 $ 12,151
COMMITMENTS AND CONTINGENCIES    
SHAREHOLDERS' EQUITY:    
Common stock $1.25 par value: authorized, 6,000 shares; 3,014 shares issued and outstanding at June 30, 2015 and December 31, 2014 $ 3,767 $ 3,767
Additional paid-in capital 29,577 29,503
Retained earnings 802 1,099
Accumulated other comprehensive income:    
Cumulative translation adjustment 144 1,643
Total shareholders' equity 34,290 36,012
Total Liabilities and Shareholders' Equity $ 43,869 $ 48,163