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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 105 $ 118
Receivables, net of allowances for doubtful accounts of $799 at June 30, 2022 and $631 at December 31, 2021 71,223 55,417
Inventories, net 74,103 70,157
Tooling in progress 5,317 3,950
Prepaid expenses and other current assets 4,580 2,924
Total current assets 155,328 132,566
Property, plant and equipment, net 129,509 120,746
Assets held for sale 1,288  
Goodwill 71,535 71,535
Intangible assets-net 47,285 50,761
Operating lease assets 37,842  
Other long-term assets 3,497 3,865
Total assets 446,284 379,473
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 58,679 50,119
Current portion of operating lease obligation 4,803  
Accrued liabilities:    
Salaries, wages, and payroll taxes 9,670 8,684
Profit sharing and bonus 6,329 5,289
Current portion of deferred compensation 17,531 0
Other current liabilities 13,495 13,280
Total current liabilities 110,507 77,372
Bank revolving credit notes 76,063 67,610
Operating lease obligation, less current maturities 33,531  
Deferred compensation, less current portion 2,949 25,117
Deferred income tax liability 11,040 8,641
Other long-term liabilities 1,725 2,462
Total liabilities 235,815 181,202
Commitments and contingencies (see Note 8)
Additional paid-in-capital 199,899 197,186
Retained earnings 17,298 7,547
Treasury shares at cost, 1,112,502 shares at June 30, 2022 and 1,050,448 at December 31, 2021 (6,728) (6,462)
Total shareholders' equity 210,469 198,271
Total $ 446,284 $ 379,473