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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash $ 368,000 $ 380,000
Accounts receivable - net 7,419,000 9,313,000
Inventories 21,597,000 22,882,000
Prepaid expenses and other current assets 2,226,000 1,497,000
TOTAL CURRENT ASSETS 31,610,000 34,072,000
PROPERTY AND EQUIPMENT    
Land 507,000 507,000
Buildings and improvements 3,527,000 3,303,000
Machinery and equipment 25,742,000 25,059,000
Property, Plant and Equipment, Gross 29,776,000 28,869,000
Less accumulated depreciation and amortization 19,637,000 18,760,000
NET PROPERTY AND EQUIPMENT 10,139,000 10,109,000
GOODWILL 4,431,000 4,726,000
OTHER INTANGIBLE ASSETS - net 6,512,000 8,259,000
DEFERRED INCOME TAXES - net 878,000 216,000
RIGHT-OF-USE ASSETS - OPERATING LEASES 3,636,000 3,859,000
OTHER ASSETS - net 360,000 502,000
TOTAL ASSETS 57,566,000 61,743,000
CURRENT LIABILITIES    
Short-term borrowings 2,573,000 5,648,000
Accounts payable 3,170,000 1,843,000
Accrued compensation and benefits 802,000 2,019,000
Accrued other liabilities 1,154,000 1,568,000
Current leased liabilities - operating leases 843,000 879,000
Current maturities of long-term debt (PPP loan) 1,312,000 0
TOTAL CURRENT LIABILITIES 9,854,000 11,957,000
Noncurrent leased liabilities - operating leases 2,821,000 3,070,000
Long-term debt, less current maturities (PPP loan) 1,618,000 0
Other liabilities 143,000 210,000
TOTAL LIABILITIES 14,436,000 15,237,000
SHAREHOLDERS' EQUITY    
Preferred stock - $ 10 par; authorized - 2,000,000 shares; no shares issued 0 0
Additional paid-in capital 14,106,000 14,056,000
Retained earnings 35,571,000 38,867,000
Treasury stock, at cost - 1,273,000 shares at June 30, 2020 and at December 31, 2019 (10,213,000) (10,213,000)
Accumulated other comprehensive loss (757,000) (620,000)
TOTAL SHAREHOLDERS' EQUITY 43,130,000 46,506,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 57,566,000 61,743,000
Common Class A [Member]    
SHAREHOLDERS' EQUITY    
Common stock 4,423,000 4,416,000
TOTAL SHAREHOLDERS' EQUITY 4,423,000 4,416,000
Common Class B [Member]    
SHAREHOLDERS' EQUITY    
Common stock $ 0 $ 0