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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 27, 2020
Dec. 31, 2019
Current Assets    
Cash $ 17,701 $ 35,420
Short-term investments 208,882 129,488
Trade receivables, net 53,653 52,640
Gross inventories (Note 4) 62,580 79,011
Less LIFO reserve (47,489) (47,137)
Less excess and obsolescence reserve (3,025) (3,573)
Net inventories 12,066 28,301
Prepaid expenses and other current assets 2,637 3,467
Total Current Assets 294,939 249,316
Property, plant and equipment 376,648 372,482
Less allowances for depreciation (311,103) (298,568)
Net property, plant and equipment 65,545 73,914
Deferred income taxes 2,260 5,393
Other assets 27,112 20,338
Total Assets 389,856 348,961
Current Liabilities    
Trade accounts payable and accrued expenses 40,110 29,771
Contract liabilities with customers (Note 3) 3,646 9,623
Product liability 733 735
Employee compensation and benefits 20,405 14,273
Workers' compensation 5,730 5,619
Income taxes payable 5,689 1,223
Total Current Liabilities 76,313 61,244
Product liability accrual 43 83
Lease liability (Note 5) 1,953 2,176
Contingent liabilities (Note 13)
Stockholders' Equity    
Additional paid-in capital 40,085 38,683
Retained earnings 392,859 368,205
Less: Treasury stock - at cost 2020 - 6,709,898 shares 2019 - 6,709,898 shares (145,590) (145,590)
Total Stockholders' Equity 311,547 285,458
Total Liabilities and Stockholders' Equity 389,856 348,961
Nonvoting Common Stock [Member]    
Stockholders' Equity    
Common Stock
Common Stock [Member]    
Stockholders' Equity    
Common Stock $ 24,193 $ 24,160