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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 2,152 $ 2,598
Accounts receivable, net 10,874 10,586
Inventories, net 15,665 15,150
Prepaid income taxes 331 314
Other current assets 658 496
Total current assets 29,680 29,144
Property, plant and equipment, net 12,243 11,875
Deferred income taxes 295 295
Other non-current assets 433 371
Total Assets 42,651 41,685
Current liabilities:    
Current portion of long-term debt 548 548
Current portion of capitalized lease obligations 175 175
Dividend payable 9 13
Accounts payable 3,427 2,494
Accrued employee compensation and benefits costs 1,910 1,908
Other accrued liabilities 1,028 865
Total current liabilities 7,097 6,003
Long-term debt 2,229 2,410
Post retirement obligation 1,784 1,759
Shareholders' equity:    
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,483,998 (2,392,207 - 2018) shares 523 523
Capital in excess of par value 14,264 14,250
Retained earnings 18,886 18,788
Accumulated other comprehensive income 35 35
Employee stock ownership trust commitment (561) (561)
Treasury stock, at cost 130,508 (117,979 - 2018) shares (1,606) (1,522)
Total shareholders' equity 31,541 31,513
Total Liabilities and Shareholders' Equity $ 42,651 $ 41,685