Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019	Sep. 30, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 19,947	$ 15,518	$ 6,440
Trade receivables – net	49,188	45,585	50,700
Contract receivables		4,746	2,036
Other receivables	364	366	310
Inventories – net	80,655	76,731	82,881
Income tax receivable		150
Prepaid expenses	3,611	3,030	2,656
Total current assets	153,765	146,126	145,023
LEASED ASSETS	1,399	1,743	1,781
PROPERTY, PLANT & EQUIPMENT – net	31,325	27,423	25,150
IDENTIFIED INTANGIBLES – net	30,216	30,240	30,248
OTHER ASSETS	355	294	293
TOTAL ASSETS	217,060	205,826	202,495
CURRENT LIABILITIES:
Accounts payable	23,834	15,776	20,531
Contract liabilities		4,746	1,936
Accrued expenses:
Salaries and wages	3,813	3,044	2,791
Taxes - other	789	967	624
Accrued freight	729	867	495
Commissions	544	608	488
Accrued duty	4,586	3,824	2,597
Income tax payable	422		19
Other	1,563	1,702	1,766
Total current liabilities	36,280	31,534	31,247
LONG-TERM TAXES PAYABLE	169	169	169
LONG-TERM LEASE	833	1,158	1,188
DEFERRED INCOME TAXES	8,108	8,108	7,780
DEFERRED LIABILITIES	238	201	230
TOTAL LIABILITIES	45,628	41,170	40,614
SHAREHOLDERS' EQUITY:
Common stock, no par value; 25,000,000 shares authorized; issued and outstanding September 30, 2020 - 7,276,379; December 31, 2019 - 7,354,970 and September 30, 2019 - 7,403,219	66,604	67,993	69,273
Retained earnings	104,828	96,663	92,608
Total shareholders' equity	171,432	164,656	161,881
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 217,060	$ 205,826	$ 202,495