CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 2,588	$ 3,515
Accounts receivable, net	7,298	7,439
Inventories, net	13,070	13,293
Prepaid income taxes	206	182
Other current assets	378	387
Total current assets	23,540	24,816
Property, plant and equipment, net	9,883	9,937
Deferred income taxes	491	491
Other non-current assets	754	376
Total Assets	34,668	35,620
Current liabilities:
Current portion of long-term debt	548	548
Dividend payable	376
Accounts payable	1,568	2,080
Accrued employee compensation and benefits costs	2,011	1,945
Other accrued liabilities	137	426
Total current liabilities	4,640	4,999
Long-term debt	2,681	2,976
Post retirement obligation	528	528
Shareholders' equity:
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,294,157 (2,310,148 - 2016) shares	523	523
Capital in excess of par value	14,166	14,160
Retained earnings	14,523	14,768
Accumulated other comprehensive loss	(20)	(20)
Employee stock ownership trust commitment	(763)	(763)
Treasury stock, at cost 180,057 (164,066 - 2016) shares	(1,610)	(1,551)
Total shareholders' equity	26,819	27,117
Total Liabilities and Shareholders' Equity	$ 34,668	$ 35,620