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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 6,915 $ 11,883
Restricted cash 800 800
Accounts receivable, less allowance for doubtful accounts of $596 and $549, respectively 45,570 37,682
Allowance for Doubtful Accounts 596 549
Inventories, net 55,360 52,887
Miscellaneous receivables and prepaid expenses 4,742 3,653
Total current assets 113,387 106,905
Property, plant and equipment, net 17,630 23,548
Deferred income taxes 19,021 20,592
Goodwill 20,794 20,079
Cash value of life insurance 13,167 12,599
Intangible assets, net 12,895 13,112
Lease Assets, Right-of-Use Asset 11,840 0
Other assets 298 307
Total assets 209,032 197,142
Current liabilities:    
Revolving lines of credit 8,823 10,823
Accounts payable 16,550 15,207
Lease obligation 3,708 0
Accrued expenses and other liabilities 34,904 40,179
Total current liabilities 63,985 66,209
Noncurrent liabilities:    
Security bonus plan 12,353 12,413
Lease obligation 10,500 5,213
Deferred compensation 5,670 5,304
Deferred tax liability 2,900 2,761
Other liabilities 4,292 6,069
Total liabilities 99,700 97,969
Stockholders' equity:    
Authorized - 500,000 shares, Issued and outstanding — None 0 0
Authorized - 35,000,000 shares Issued - 9,032,948 and 9,005,716 shares, respectively Outstanding - 8,983,162 and 8,955,930 shares, respectively 9,033 9,006
Capital in excess of par value 16,973 15,623
Retained earnings 84,728 77,338
Treasury stock – 49,786 shares (1,234) (1,234)
Accumulated other comprehensive loss (168) (1,560)
Total stockholders’ equity 109,332 99,173
Total liabilities and stockholders’ equity $ 209,032 $ 197,142