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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 8,855 $ 9,546
Accounts receivable, net 9,304 7,198
Inventories, net 20,186 20,132
Prepaid income taxes 593 792
Other current assets 1,431 647
Total current assets 40,369 38,315
Property, plant and equipment, net 10,349 10,557
Deferred income taxes 892 900
Other non-current assets 318 321
Total Assets 51,928 50,093
Current liabilities:    
Current portion of long-term debt 266 276
Accounts payable 2,332 663
Accrued employee compensation and benefits costs 1,687 1,759
Current portion of postretirement obligation 136 136
Other accrued liabilities 1,347 1,414
Total current liabilities 5,768 4,248
Long-term debt 4,690 4,750
Postretirement obligation 5,732 5,729
Shareholders' equity:    
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,435,032 (2,435,032 - 2021) shares 523 523
Capital in excess of par value 14,502 14,500
Retained earnings 26,183 25,858
Accumulated other comprehensive loss (3,886) (3,908)
Employee stock ownership trust commitment (258) (258)
Treasury stock, at cost 122,839 (122,839 - 2021) shares (1,326) (1,349)
Total shareholders' equity 35,738 35,366
Total Liabilities and Shareholders' Equity $ 51,928 $ 50,093