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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 6,838 $ 5,935
Accounts receivable, net 7,698 7,636
Other receivables-employee retention credit (ERC) 1,593  
Inventories, net 22,257 23,406
Prepaid income taxes 343 483
Other current assets 803 383
Total current assets 39,532 37,843
Property, plant and equipment, net 11,675 12,017
Deferred income taxes 133 137
Other non-current assets 331 331
Total Assets 51,671 50,328
Current liabilities:    
Current portion of long-term debt 2,197 2,334
Current portion of equipment financing and capital leases 378 301
Dividend payable   12
Accounts payable 1,757 1,599
Accrued employee compensation and benefits costs 2,148 1,649
Other accrued liabilities 899 874
Total current liabilities 7,379 6,769
Long-term debt 7,515 7,293
Post retirement obligation 2,534 2,529
Shareholders' equity:    
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,406,763 (2,416,683 - 2020) shares 523 523
Capital in excess of par value 14,492 14,481
Retained earnings 22,344 21,803
Accumulated other comprehensive loss (1,341) (1,356)
Employee stock ownership trust commitment (359) (359)
Treasury stock, at cost 135,999 (126,079 - 2020) shares (1,416) (1,355)
Total shareholders' equity 34,243 33,737
Total Liabilities and Shareholders' Equity $ 51,671 $ 50,328