Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 3,401	$ 6,100
Accounts receivable, less allowance of $842 in 2023 and $1,061 in 2022	39,796	32,604
Inventories	55,944	63,325
Prepaid expenses and other current assets	4,329	2,821
Restricted cash		750
Total current assets	103,470	105,600
Property, plant and equipment:
Land	1,982	1,979
Buildings	17,315	16,614
Machinery and equipment	33,124	31,492
Total property, plant and equipment	52,421	50,085
Less: accumulated depreciation	25,158	23,669
Net property, plant and equipment	27,263	26,416
Operating lease right-of-use asset, net	2,374	2,632
Goodwill	8,189	8,189
Intangible assets, less accumulated amortization	19,780	20,790
Other assets - restricted cash	750	750
Total assets	161,826	164,377
Current liabilities:
Accounts payable	10,724	10,514
Operating lease liability - current portion	1,122	1,130
Current portion of mortgage payable	411	405
Other current liabilities	13,013	10,078
Total current liabilities	25,270	22,127
Long-term debt	39,979	49,916
Mortgage payable, net of current portion	10,485	10,694
Operating lease liability - non-current portion	1,407	1,683
Deferred income taxes	305	305
Other non-current liabilities	729	622
Total liabilities	78,175	85,347
Commitments and contingencies (see note 2)
STOCKHOLDERS' EQUITY
Common stock, par value $2.50: authorized 8,000,000 shares; 5,112,878 shares issued and 3,568,006 shares outstanding in 2023 and 5,083,051 shares issued and 3,538,179 shares outstanding in 2022	12,773	12,699
Additional paid-in capital	14,333	13,448
Retained earnings	74,406	70,967
Treasury stock, at cost - 1,544,872 shares in 2023 and 2022	(15,996)	(15,996)
Accumulated other comprehensive loss:
Translation adjustment	(1,865)	(2,088)
Total stockholders’ equity	83,651	79,030
Total liabilities and stockholders’ equity	$ 161,826	$ 164,377