CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash	$ 2,029	$ 2,598
Accounts receivable, net	13,183	10,586
Inventories, net	20,151	15,150
Prepaid income taxes	416	314
Other current assets	522	496
Total current assets	36,301	29,144
Property, plant and equipment, net	12,717	11,875
Deferred income taxes	107	295
Other non-current assets	345	371
Total Assets	49,470	41,685
Current liabilities:
Current portion of long-term debt	548	548
Current portion of equipment financing and capital leases	301	175
Dividend payable	17	13
Accounts payable	4,458	2,494
Accrued employee compensation and benefits costs	2,283	1,908
Other accrued liabilities	1,035	865
Total current liabilities	8,642	6,003
Long-term debt	5,170	2,410
Post retirement obligation	2,126	1,759
Shareholders' equity:
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,392,576 (2,399,207 - 2018) shares	523	523
Capital in excess of par value	14,358	14,250
Retained earnings	20,484	18,788
Accumulated other comprehensive gain	98	35
Employee stock ownership trust commitment	(460)	(561)
Treasury stock, at cost 125,504 (117,979 - 2018) shares	(1,471)	(1,522)
Total shareholders' equity	33,532	31,513
Total Liabilities and Shareholders' Equity	$ 49,470	$ 41,685