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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash $ 380,000 $ 999,000
Accounts receivable - net 9,313,000 9,574,000
Inventories 22,882,000 20,496,000
Prepaid expenses and other current assets 1,497,000 1,137,000
TOTAL CURRENT ASSETS 34,072,000 32,206,000
PROPERTY AND EQUIPMENT    
Land 507,000 1,281,000
Buildings and improvements 3,303,000 6,262,000
Machinery and equipment 25,059,000 22,612,000
Property, Plant and Equipment, Gross 28,869,000 30,155,000
Less accumulated depreciation and amortization 18,760,000 20,380,000
NET PROPERTY AND EQUIPMENT 10,109,000 9,775,000
GOODWILL 4,726,000 4,436,000
OTHER INTANGIBLE ASSETS - net 8,259,000 7,800,000
DEFERRED INCOME TAXES - net 216,000 628,000
RIGHT-OF-USE ASSETS - OPERATING LEASES 3,859,000 0
OTHER ASSETS - net 502,000 741,000
TOTAL ASSETS 61,743,000 55,586,000
CURRENT LIABILITIES    
Short-term borrowings 5,648,000 2,096,000
Accounts payable 1,843,000 2,755,000
Accrued compensation and benefits 2,019,000 2,336,000
Accrued other liabilities 1,568,000 1,243,000
Current maturities of long-term debt 0 453,000
Current leased liabilities - operating leases 879,000 0
Contingent consideration payable 0 1,000,000
TOTAL CURRENT LIABILITIES 11,957,000 9,883,000
Non-current leased liabilities - operating leases 3,070,000 0
Other liabilities 210,000 168,000
TOTAL LIABILITIES 15,237,000 10,051,000
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Preferred stock - $ 10 par; authorized - 2,000,000 shares; no shares issued 0 0
Additional paid-in capital 14,056,000 13,904,000
Retained earnings 38,867,000 34,588,000
Treasury stock, at cost - 1,273,000 shares at December 31, 2019 and 816,000 shares at December 31, 2018 (10,213,000) (6,695,000)
Accumulated other comprehensive loss (620,000) (672,000)
TOTAL SHAREHOLDERS' EQUITY 46,506,000 45,535,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 61,743,000 55,586,000
Common Class A [Member]    
SHAREHOLDERS' EQUITY    
Common stock 4,416,000 4,410,000
TOTAL SHAREHOLDERS' EQUITY 4,416,000 4,410,000
Common Class B [Member]    
SHAREHOLDERS' EQUITY    
Common stock $ 0 $ 0