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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS:    
Cash and cash equivalents $ 69,312 $ 16,876
Investments, at fair value   107
Marketable securities, at amortized cost 215 1,385
Accounts receivable, less allowances of $2,510 and $2,110, respectively 39,275 53,298
Income tax receivable 245 945
Inventories 74,890 127,976
Prepaid expenses and other current assets 6,172 5,870
Total current assets 190,109 206,457
Marketable securities, at amortized cost 6,354 7,123
Deferred income tax benefits 1,096 1,038
Property, plant and equipment, net 29,504 28,812
Operating lease right-of-use assets 12,520 13,428
Goodwill 12,317 12,317
Trademarks 33,168 33,618
Other assets 24,274 23,827
Total assets 309,342 326,620
LIABILITIES AND EQUITY:    
Short-term borrowings   31,136
Accounts payable 8,845 14,946
Dividend payable 2,352 2,290
Operating lease liabilities 3,979 4,026
Accrued compensation and employee benefits 7,071 6,680
Sales and advertising allowances 2,533 2,254
Taxes other than income taxes 1,012 1,025
Other 3,830 5,178
Total current liabilities 29,622 67,535
Deferred income tax liabilities 11,819 8,530
Long-term pension liability 13,412 15,523
Operating lease liabilities 9,531 10,661
Other long-term liabilities 465 466
Total liabilities 64,849 102,715
Commitments and contingencies (Note 15)
Common stock, $1.00 par value, authorized 24,000,000 shares in 2023 and 2022, issued and outstanding 9,496,729 shares in 2023 and 9,584,316 shares in 2022 9,497 9,584
Capital in excess of par value 71,661 70,475
Reinvested earnings 180,646 164,039
Accumulated other comprehensive loss (17,311) (20,193)
Total equity 244,493 223,905
Total liabilities and equity $ 309,342 $ 326,620