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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 3,581 $ 4,166
Accounts receivable, net 6,226 6,022
Inventories, net 12,105 12,040
Prepaid income taxes 114  
Deferred income taxes 1,060 2,812
Other assets 615 450
Total current assets 23,701 25,490
Property, plant and equipment, net 9,652 9,375
Other non-current assets 383 380
Total Assets 33,736 35,245
Current liabilities:    
Current portion of long-term debt 548 548
Dividend payable 375  
Accounts payable 1,677 1,345
Accrued employee compensation and benefit costs 2,057 1,773
Accrued arbitration award liability   5,152
Accrued income taxes   31
Other accrued liabilities 318 444
Total current liabilities 4,975 9,293
Long-term debt 3,798 4,072
Accrued arbitration award liability 445 445
Deferred income taxes 555 555
Shareholders' equity:    
Common stock, par value $.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,261,356 (2,278,791 - 2014) shares 523 523
Capital in excess of par value 14,091 14,068
Retained earnings 12,193 9,176
Accumulated other comprehensive loss (14) (14)
Employee stock ownership trust commitment (964) (964)
Treasury stock, at cost 176,297 (158,862 - 2014) shares (1,866) (1,909)
Total shareholders' equity 23,963 20,880
Total Liabilities and Shareholders' Equity $ 33,736 $ 35,245