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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 5,584 $ 8,608
Restricted cash 645 672
Short-term investment securities 19,420 19,793
Accounts receivable, less provision for doubtful accounts of $69 at December 31, 2021 and $210 at December 31, 2020 8,257 10,115
Inventories 24,456 19,513
Contract assets 11,455 9,107
Other current assets 4,564 1,466
Total current assets 74,381 69,274
Property, plant and equipment 48,208 45,661
Less: Accumulated depreciation 34,371 31,484
Net property, plant and equipment 13,837 14,177
Goodwill 13,873 13,714
Intangible assets 8,999 10,785
Operating lease right-of-use assets, net 5,138 6,701
Investment in partnership 473 570
Long-term investment securities 4,558 5,085
Other assets, net 1,200 990
Total assets 122,459 121,296
Current liabilities:    
Current financing leases 4 21
Current operating leases 1,807 2,156
Accounts payable 9,398 8,670
Accrued salaries, wages and commissions 5,185 3,581
Other accrued liabilities 3,818 4,235
Total current liabilities 20,212 18,663
Noncurrent operating leases 3,431 4,726
Pension and postretirement benefit obligations 1,093 1,292
Deferred tax liabilities, net 873 1,018
Other long-term liabilities 3,100 4,398
Total liabilities 28,709 30,097
Commitments and contingencies (Note 20)
Shareholders’ equity:    
Common stock, $1.00 par value per share; 20,000 shares authorized; 9,179 and 8,951 shares issued and outstanding at December 31, 2021 and December 31, 2020 respectively 9,179 8,951
Additional paid-in capital 91,785 89,702
Accumulated deficit (6,916) (6,810)
Accumulated other comprehensive loss (393) (679)
Total shareholders' equity 93,655 91,164
Non-controlling interest 95 35
Total equity 93,750 91,199
Total liabilities and equity $ 122,459 $ 121,296