CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 2,701	$ 3,268
Accounts receivable, net	6,866	6,838
Inventories, net	13,406	12,487
Prepaid income taxes	67	177
Deferred income taxes	1,155	1,155
Other current assets	999	326
Total current assets	25,194	24,251
Property, plant and equipment, net	9,729	9,755
Other non-current assets	373	368
Total Assets	35,296	34,374
Current liabilities:
Current portion of long-term debt	548	548
Dividend payable	371
Accounts payable	1,963	1,518
Accrued employee compensation and benefit costs	2,228	1,852
Other accrued liabilities	427	374
Total current liabilities	5,537	4,292
Long-term debt	3,387	3,524
Accrued arbitration award liability	471	471
Deferred income taxes	$ 645	$ 645
Commitments and contingencies (See Note 7)
Shareholders' equity:
Common stock, par value $.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,260,739 (2,280,813 - 2015) shares	$ 523	$ 523
Capital in excess of par value	14,105	14,092
Retained earnings	13,282	13,395
Accumulated other comprehensive loss	(3)	(3)
Employee stock ownership trust commitment	(863)	(863)
Treasury stock, at cost 195,371 (175,297 - 2015) shares	(1,788)	(1,702)
Total shareholders' equity	25,256	25,442
Total Liabilities and Shareholders' Equity	$ 35,296	$ 34,374