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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 2,867 $ 3,268
Accounts receivable, net 7,347 6,838
Inventories, net 13,939 12,487
Prepaid income taxes 106 177
Deferred income taxes 1,155 1,155
Other assets 401 326
Total current assets 25,815 24,251
Property, plant and equipment, net 9,941 9,755
Other non-current assets 374 368
Total Assets 36,130 34,374
Current liabilities:    
Current portion of long-term debt 548 548
Accounts payable 2,116 1,518
Accrued employee compensation and benefit costs 1,836 1,852
Other accrued liabilities 519 374
Total current liabilities 5,019 4,292
Long-term debt 3,114 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 2,308,839 (2,280,813 - 2015) shares 523 523
Capital in excess of par value 14,146 14,092
Retained earnings 14,643 13,395
Accumulated other comprehensive loss (3) (3)
Employee stock ownership trust commitment (863) (863)
Treasury stock, at cost 147,271 (175,297 - 2015) shares (1,565) (1,702)
Total shareholders' equity 26,881 25,442
Total Liabilities and Shareholders' Equity $ 36,130 $ 34,374