Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 5,495	$ 11,883
Restricted cash	802	800
Accounts receivable, less allowance for doubtful accounts of $593 and $549, respectively	38,843	37,682
Inventories	55,905	52,887
Miscellaneous receivables and prepaid expenses	5,377	3,653
Total current assets	106,422	106,905
Property, plant and equipment, less accumulated depreciation and amortization	16,546	23,548
Deferred income taxes	21,711	20,592
Goodwill	20,923	20,079
Cash value of life insurance	14,969	12,599
Intangible assets, net	12,335	13,112
Right of use assets	11,246	0
Other assets	277	307
Total assets	204,429	197,142
Current liabilities:
Revolving line of credit	0	10,823
Accounts payable	13,789	15,207
Lease obligation	3,830	0
Accrued expenses and other liabilities	39,311	40,179
Total current liabilities	56,930	66,209
Revolving line of credit	2,271	0
Security bonus plan	11,840	12,413
Lease obligation	9,504	5,213
Deferred compensation	6,370	5,304
Deferred tax liability	6,188	2,761
Deferred rent liability	0	1,963
Other liabilities	3,325	4,106
Total liabilities	96,428	97,969
Stockholders' equity:
Authorized - 500,000 shares, Issued and outstanding - None	0	0
Authorized - 35,000,000 shares Issued – 9,190,171 and 9,005,716 shares, respectively Outstanding – 9,043,771 and 8,955,930 shares, respectively	9,190	9,006
Capital in excess of par value	18,077	15,623
Retained earnings	86,496	77,338
Treasury stock – 146,400 and 49,786 shares held, respectively	(5,761)	(1,234)
Accumulated other comprehensive income	(1)	(1,560)
Total stockholders’ equity	108,001	99,173
Total liabilities and stockholders’ equity	$ 204,429	$ 197,142