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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 2,045 $ 3,515
Accounts receivable, net 9,100 7,439
Inventories, net 12,993 13,293
Prepaid income taxes 363 182
Other current assets 363 387
Total current assets 24,864 24,816
Property, plant and equipment, net 11,021 9,937
Deferred income taxes 491 491
Other non-current assets 385 376
Total Assets 36,761 35,620
Current liabilities:    
Current portion of long-term debt 548 548
Accounts payable 2,500 2,080
Accrued employee compensation and benefits costs 2,414 1,945
Other accrued liabilities 680 426
Total current liabilities 6,142 4,999
Long-term debt 2,567 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 2,290,527 (2,310,148 - 2016) shares 523 523
Capital in excess of par value 14,168 14,160
Retained earnings 15,194 14,768
Accumulated other comprehensive loss (20) (20)
Employee stock ownership trust commitment (763) (763)
Treasury stock, at cost 183,983 (164,066 - 2016) shares (1,578) (1,551)
Total shareholders' equity 27,524 27,117
Total Liabilities and Shareholders' Equity $ 36,761 $ 35,620