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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 5,108 $ 9,546
Accounts receivable, net 10,139 7,198
Inventories, net 18,940 20,132
Prepaid income taxes 112 792
Other current assets 1,168 647
Total current assets 35,467 38,315
Property, plant and equipment, net 10,355 10,557
Deferred income taxes 884 900
Other non-current assets 316 321
Total Assets 47,022 50,093
Current liabilities:    
Current portion of long-term debt and finance leases 255 276
Accounts payable 2,717 663
Accrued employee compensation and benefits costs 1,586 1,759
Current portion of post retirement obligation 136 136
Other accrued liabilities 1,225 1,414
Total current liabilities 5,919 4,248
Long-term debt 381 4,750
Post retirement obligation 5,730 5,729
Shareholders' equity:    
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,498,697 (2,491,667 - 2021) shares 523 523
Capital in excess of par value 14,509 14,500
Retained earnings 25,373 25,858
Accumulated other comprehensive loss (3,864) (3,908)
Employee stock ownership trust commitment (258) (258)
Treasury stock, at cost 115,809 (122,839 - 2021) shares (1,291) (1,349)
Total shareholders' equity 34,992 35,366
Total Liabilities and Shareholders' Equity $ 47,022 $ 50,093