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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash $ 531,000 $ 380,000
Accounts receivable - net 8,554,000 9,313,000
Inventories 22,285,000 22,882,000
Prepaid expenses and other current assets 2,021,000 1,497,000
TOTAL CURRENT ASSETS 33,391,000 34,072,000
PROPERTY AND EQUIPMENT    
Land 507,000 507,000
Buildings and improvements 3,489,000 3,303,000
Machinery and equipment 25,529,000 25,059,000
Property, Plant and Equipment, Gross 29,525,000 28,869,000
Less accumulated depreciation and amortization 19,191,000 18,760,000
NET PROPERTY AND EQUIPMENT 10,334,000 10,109,000
GOODWILL 4,715,000 4,726,000
OTHER INTANGIBLE ASSETS - net 8,032,000 8,259,000
DEFERRED INCOME TAXES - net 269,000 216,000
RIGHT-OF-USE ASSETS - OPERATING LEASES 3,673,000 3,859,000
OTHER ASSETS - net 431,000 502,000
TOTAL ASSETS 60,845,000 61,743,000
CURRENT LIABILITIES    
Short-term borrowings 6,931,000 5,648,000
Accounts payable 2,318,000 1,843,000
Accrued compensation and benefits 1,123,000 2,019,000
Accrued other liabilities 1,005,000 1,568,000
Current leased liabilities - operating leases 870,000 879,000
TOTAL CURRENT LIABILITIES 12,247,000 11,957,000
Noncurrent leased liabilities - operating leases 2,896,000 3,070,000
Other liabilities 204,000 210,000
TOTAL LIABILITIES 15,347,000 15,237,000
SHAREHOLDERS' EQUITY    
Preferred stock - $ 10 par; authorized - 2,000,000 shares; no shares issued 0 0
Additional paid-in capital 14,087,000 14,056,000
Retained earnings 37,952,000 38,867,000
Treasury stock, at cost - 1,273,000 shares at March 31, 2020 and at December 31, 2019 (10,213,000) (10,213,000)
Accumulated other comprehensive loss (745,000) (620,000)
TOTAL SHAREHOLDERS' EQUITY 45,498,000 46,506,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 60,845,000 61,743,000
Common Class A [Member]    
SHAREHOLDERS' EQUITY    
Common stock 4,417,000 4,416,000
TOTAL SHAREHOLDERS' EQUITY 4,417,000 4,416,000
Common Class B [Member]    
SHAREHOLDERS' EQUITY    
Common stock $ 0 $ 0