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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents $ 408 $ 507
Receivables, net 24,626 24,227
Receivable for insured losses 184  
Inventories    
Finished goods 6,422 8,391
Work in process 2,303 1,198
Raw materials and supplies 11,497 10,770
Prepaid expenses 2,658 1,901
Refundable income taxes 1,239 57
Total current assets 49,337 47,051
Property, plant and equipment 17,418 22,824
Other assets    
Goodwill 7,229 7,229
Deferred income taxes 2,499 1,616
Other assets 3,698 3,769
Total assets 80,181 82,489
Current liabilities:    
Revolving bank loan payable 5,700 3,500
Accounts payable and accrued expenses 19,605 18,374
Liability for unpaid claims covered by insurance 184  
Total current liabilities 25,489 21,874
Other long-term liabilities 6,249 6,293
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 1,930 1,887
Retained earnings 60,794 66,987
Treasury shares, 876,209 and 892,097 at cost (14,924) (15,195)
Total shareholders' equity 48,443 54,322
Total liabilities and shareholders' equity $ 80,181 $ 82,489