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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash $ 789,000 $ 904,000
Accounts receivable - net 8,448,000 7,468,000
Inventories 21,623,000 18,362,000
Prepaid expenses and other current assets 2,608,000 2,806,000
TOTAL CURRENT ASSETS 33,468,000 29,540,000
PROPERTY AND EQUIPMENT    
Land 507,000 507,000
Buildings and improvements 3,594,000 3,544,000
Machinery and equipment 25,601,000 25,673,000
Property, Plant and Equipment, Gross 29,702,000 29,724,000
Less accumulated depreciation and amortization 21,423,000 20,329,000
NET PROPERTY AND EQUIPMENT 8,279,000 9,395,000
GOODWILL 4,446,000 4,449,000
OTHER INTANGIBLE ASSETS - net 5,749,000 6,226,000
DEFERRED INCOME TAXES - net 496,000 226,000
RIGHT-OF-USE ASSETS - OPERATING LEASES 3,031,000 3,281,000
OTHER ASSETS - net 80,000 250,000
TOTAL ASSETS 55,549,000 53,367,000
CURRENT LIABILITIES    
Short-term borrowings 3,295,000 1,374,000
Accounts payable 3,598,000 2,199,000
Accrued compensation and benefits 1,231,000 525,000
Accrued other liabilities 1,328,000 1,354,000
Current leased liabilities - operating leases 816,000 847,000
Current maturities of long-term debt (PPP loan)   1,983,000
TOTAL CURRENT LIABILITIES 10,268,000 8,282,000
Noncurrent leased liabilities - operating leases 2,261,000 2,474,000
Long-term debt, less current maturities (PPP loan)   946,000
Other liabilities 102,000 127,000
TOTAL LIABILITIES 12,631,000 11,829,000
SHAREHOLDERS' EQUITY    
Preferred stock - $10 par; authorized - 2,000,000 shares; no shares issued
Additional paid-in capital 14,158,000 14,144,000
Retained earnings 35,139,000 33,756,000
Treasury stock, at cost - 1,273,000 shares at September 30, 2021 and at December 31, 2020 (10,213,000) (10,213,000)
Accumulated other comprehensive loss (619,000) (577,000)
TOTAL SHAREHOLDERS' EQUITY 42,918,000 41,538,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 55,549,000 53,367,000
Common Class A [Member]    
SHAREHOLDERS' EQUITY    
Common stock 4,453,000 4,428,000
Common Class B [Member]    
SHAREHOLDERS' EQUITY    
Common stock $ 0 $ 0