Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 17,193	$ 5,495
Restricted cash	802	802
Accounts receivable, less allowance for doubtful accounts of $680 and $593, respectively	47,902	38,843
Inventories, net	62,218	55,905
Miscellaneous receivables and prepaid expenses	5,943	5,377
Total current assets	134,058	106,422
Property, plant and equipment, net	16,596	16,546
Deferred income taxes	20,289	21,711
Goodwill	36,428	20,923
Cash value of life insurance	15,400	14,969
Intangible assets, net	18,727	12,335
Right of use assets	9,513	11,246
Other assets	258	277
Total assets	251,269	204,429
Current liabilities:
Accrued acquisition liability	32,476	0
Accounts payable	22,466	13,789
Lease obligation	4,509	3,830
Accrued expenses and other liabilities	30,808	39,311
Total current liabilities	90,259	56,930
Revolving line of credit	0	2,271
Security bonus plan	11,540	11,840
Deferred compensation	9,847	6,370
Lease obligation	6,693	9,504
Deferred tax liability	6,154	6,188
Other liabilities	5,522	3,325
Total liabilities	130,015	96,428
Stockholders' equity:
Authorized - 500,000 shares, Issued and outstanding — None	0	0
Common stock, $1 par value:	9,232	9,190
Capital in excess of par value	19,508	18,077
Retained earnings	$ 101,386	$ 86,496
Treasury stock, shares	205,981	146,400
Treasury stock – 205,981 and 146,400 shares, respectively	$ (7,953)	$ (5,761)
Accumulated other comprehensive loss	(919)	(1)
Total stockholders’ equity	121,254	108,001
Total liabilities and stockholders’ equity	$ 251,269	$ 204,429