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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 1,158 $ 2,598
Accounts receivable, net 10,949 10,586
Inventories, net 19,879 15,150
Prepaid income taxes   314
Other current assets 387 496
Total current assets 32,373 29,144
Property, plant and equipment, net 12,547 11,875
Deferred income taxes 295 295
Other non-current assets 486 371
Total Assets 45,701 41,685
Current liabilities:    
Current portion of long-term debt 548 548
Current portion of equipment financing lease obligations 296 175
Dividend payable 18 13
Accounts payable 3,337 2,494
Accrued employee compensation and benefits costs 2,172 1,908
Accrued income taxes 14  
Other accrued liabilities 1,010 865
Total current liabilities 7,395 6,003
Long-term debt 3,346 2,410
Post retirement obligation 1,834 1,759
Shareholders' equity:    
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,489,002 (2,392,207 - 2018) shares 523 523
Capital in excess of par value 14,326 14,250
Retained earnings 20,319 18,788
Accumulated other comprehensive income 35 35
Employee stock ownership trust commitment (561) (561)
Treasury stock, at cost 125,504 (117,979 - 2018) shares (1,516) (1,522)
Total shareholders' equity 33,126 31,513
Total Liabilities and Shareholders' Equity $ 45,701 $ 41,685