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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,924 $ 4,409
Accounts receivable, less allowance 35,462 25,102
Inventories, net 39,615 41,332
Prepaid expenses and other current assets 2,085 2,149
Total current assets 79,086 72,992
Property, plant and equipment:    
Land 1,422 1,423
Buildings 10,004 10,144
Machinery and equipment 19,158 18,244
Total property, plant and equipment 30,584 29,811
Less accumulated depreciation 16,384 15,268
Net property, plant and equipment 14,200 14,543
Operating lease right-of-use asset 2,424  
Goodwill 4,696 4,696
Intangible assets, less accumulated amortization 16,422 17,044
Other assets 202 203
Total assets 117,030 109,478
Current liabilities:    
Accounts payable 9,931 7,983
Lease liability - current portion 987  
Current portion of mortgage payable 267 267
Other accrued liabilities 6,865 5,115
Total current liabilities 18,050 13,365
Long-term debt 39,388 40,283
Mortgage payable, net of current portion 3,311 3,444
Lease liability - non-current portion 1,441  
Other non-current liabilities 38 53
Total liabilities 62,228 57,145
Commitments and Contingencies  
STOCKHOLDERS' EQUITY    
Common stock, par value $2.50: authorized 8,000,000 shares; issued and outstanding - 4,838,071 shares in 2019 and 2018, including treasury stock 12,094 12,094
Additional paid-in capital 8,701 8,982
Retained earnings 50,341 47,550
Treasury stock, at cost - 1,487,238 shares in 2019 and 2018 (14,235) (14,235)
Accumulated other comprehensive loss:    
Minimum pension liability (661) (539)
Translation adjustment (1,438) (1,519)
Total accumulated other comprehensive loss (2,099) (2,058)
Total stockholders' equity 54,802 52,333
Total liabilities and stockholders' equity $ 117,030 $ 109,478