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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 4,261 $ 9,546
Accounts receivable, net 11,412 7,198
Inventories, net 18,852 20,132
Prepaid income taxes 265 792
Other current assets 904 647
Total current assets 35,694 38,315
Property, plant and equipment, net 10,558 10,557
Deferred income taxes 876 900
Other non-current assets 316 321
Total Assets 47,444 50,093
Current liabilities:    
Current portion of long-term debt and finance leases 240 276
Accounts payable 3,274 663
Accrued employee compensation and benefits costs 1,645 1,759
Current portion of post retirement obligation 136 136
Other accrued liabilities 1,317 1,414
Total current liabilities 6,612 4,248
Long-term debt 326 4,750
Post retirement obligation 5,749 5,729
Shareholders' equity:    
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,453,406 (2,435,032 - 2021) shares 523 523
Capital in excess of par value 14,535 14,500
Retained earnings 25,057 25,858
Accumulated other comprehensive loss (3,842) (3,908)
Employee stock ownership trust commitment (258) (258)
Treasury stock, at cost 104,464 (122,839 - 2021) shares (1,258) (1,349)
Total shareholders' equity 34,757 35,366
Total Liabilities and Shareholders' Equity $ 47,444 $ 50,093