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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 3,886 $ 4,707
Accounts receivable, net 9,130 8,424
Inventories, net 13,120 12,791
Other current assets 419 249
Total current assets 26,555 26,171
Property, plant and equipment, net 11,287 11,021
Deferred income taxes 409 409
Other non-current assets 381 385
Total Assets 38,632 37,986
Current liabilities:    
Current portion of long-term debt 700 681
Accounts payable 2,025 1,377
Accrued employee compensation and benefits costs 1,506 1,784
Accrued income taxes 478 414
Other accrued liabilities 922 872
Total current liabilities 5,631 5,128
Long-term debt 2,851 2,950
Post retirement obligation 1,771 1,743
Shareholders' equity:    
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,296,974 (2,308,315 - 2017) shares 523 523
Capital in excess of par value 14,171 14,171
Retained earnings 16,040 15,709
Accumulated other comprehensive loss (32) (32)
Employee stock ownership trust commitment (662) (662)
Treasury stock, at cost 195,324 (183,983 - 2017) shares (1,661) (1,544)
Total shareholders' equity 28,379 28,165
Total Liabilities and Shareholders' Equity $ 38,632 $ 37,986