CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash	$ 7,140	$ 2,029
Accounts receivable, net	10,259	13,183
Inventories, net	25,095	20,151
Prepaid income taxes		416
Other current assets	642	522
Total current assets	43,136	36,301
Property, plant and equipment, net	12,599	12,717
Deferred income taxes	107	107
Other non-current assets	338	345
Total Assets	56,180	49,470
Current liabilities:
Current portion of long-term debt	548	548
Current portion of equipment financing lease obligations	301	301
Dividend payable	16	17
Accounts payable	3,743	4,458
Accrued employee compensation and benefits costs	2,286	2,283
Accrued income taxes	167
Other accrued liabilities	828	1,035
Total current liabilities	7,889	8,642
Long-term debt	9,500	5,170
Post retirement obligation	2,324	2,126
Shareholders' equity:
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,389,673 (2,399,576 - 2019) shares	523	523
Capital in excess of par value	14,430	14,358
Retained earnings	23,347	20,484
Accumulated other comprehensive income	98	98
Employee stock ownership trust commitment	(460)	(460)
Treasury stock, at cost 137,407 (127,504 - 2019) shares	(1,471)	(1,471)
Total shareholders' equity	36,467	33,532
Total Liabilities and Shareholders' Equity	$ 56,180	$ 49,470