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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 27,007 $ 29,804
Receivables, less allowance for doubtful accounts of $611 at June 30, 2016 and $499 at December 31, 2015 23,020 17,481
Inventories 13,884 14,202
Prepaid expenses 2,595 930
Refundable income taxes 480 1,186
Total current assets 66,986 63,603
Property, plant and equipment 94,673 90,564
Less accumulated depreciation and amortization (46,348) (44,009)
Net property, plant and equipment 48,325 46,555
Goodwill 7,322 7,322
Intangible assets, net 477 636
Other assets 1,869 1,834
Total assets 124,979 119,950
Current liabilities:    
Accounts payable 5,463 4,598
Accrued expenses 4,769 5,374
Current installments of long-term debt 1,020 1,011
Total current liabilities 11,252 10,983
Long-term debt, excluding current installments 345 859
Deferred income taxes 3,107 2,883
Other liabilities 1,765 1,653
Total liabilities 16,469 16,378
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $.01 par value. Authorized 1,000,000 shares; zero shares issued or outstanding
Common stock, $.01 par value. Authorized 20,000,000 shares; issued and outstanding 7,223,048 at June 30, 2016 and 7,170,377 shares at December 31, 2015 72 72
Additional paid-in capital 24,833 23,705
Retained earnings 84,192 80,382
Treasury stock at cost - 29,559 shares at June 30, 2016 and December 31, 2015 (587) (587)
Total stockholders' equity 108,510 103,572
Total liabilities and stockholders' equity $ 124,979 $ 119,950