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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 3,199 $ 4,707
Accounts receivable, net 9,960 8,424
Inventories, net 13,587 12,791
Prepaid income taxes 149  
Other current assets 429 249
Total current assets 27,324 26,171
Property, plant and equipment, net 11,502 11,021
Deferred income taxes 409 409
Other non-current assets 379 385
Total Assets 39,614 37,986
Current liabilities:    
Current portion of long-term debt 548 548
Current portion of capitalized lease obligations 175 133
Dividend payable 416  
Accounts payable 2,546 1,377
Accrued employee compensation and benefits costs 2,077 1,784
Accrued income taxes   414
Other accrued liabilities 560 872
Total current liabilities 6,322 5,128
Long-term debt 2,771 2,950
Post retirement obligation 1,799 1,743
Shareholders' equity:    
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,498,870 (2,308,315 - 2017) shares 523 523
Capital in excess of par value 14,192 14,171
Retained earnings 16,325 15,709
Accumulated other comprehensive loss (26) (32)
Employee stock ownership trust commitment (662) (662)
Treasury stock, at cost 115,636 (183,983 - 2017) shares (1,630) (1,544)
Total shareholders' equity 28,722 28,165
Total Liabilities and Shareholders' Equity $ 39,614 $ 37,986