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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 507 $ 301
Receivables less allowance of $240 and $220 for fiscal 2017 and 2016, respectively 24,227 22,359
Receivable for insured losses 0 32
Inventories 20,359 20,645
Prepaid expenses 1,901 1,807
Refundable income taxes 57 739
Total current assets 47,051 45,883
Property, plant and equipment    
Land and improvements 2,781 2,781
Buildings and improvements 20,574 20,531
Machinery and equipment 78,062 77,366
Mining properties 11,792 8,776
Less accumulated depreciation and depletion (90,385) (89,848)
Property, plant and equipment, net 22,824 19,606
Other assets    
Goodwill 7,229 7,229
Deferred income taxes 1,616 1,616
Other assets 3,769 3,674
Total assets 82,489 78,008
Current liabilities:    
Revolving bank loan payable 3,500 2,000
Accounts payable 8,492 7,532
Accrued expenses    
Compensation 2,274 3,280
Reserve for self-insured losses 1,880 1,861
Liability for unpaid claims covered by insurance   32
Profit sharing 1,429 1,310
Reclamation 981 748
Other 3,318 2,988
Total current liabilities 21,874 19,751
Accrued reclamation 5,185 5,192
Other long-term liabilities 1,108 861
Commitments and contingencies (Note 6)
SHAREHOLDERS’ EQUITY    
Common shares, $.25 par value; authorized 3,000,000 shares; issued 2,574,264 shares 643 643
Capital in excess of par value 1,887 1,765
Retained earnings 66,987 65,169
Treasury shares, 892,097 and 903,097, at cost (15,195) (15,373)
Total shareholders' equity 54,322 52,204
Total liabilities and shareholders' equity $ 82,489 $ 78,008