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CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash $ 583,000 $ 413,000
Accounts receivable - net 9,889,000 8,739,000
Inventories - net 22,689,000 22,974,000
Deferred income taxes - net 1,168,000 1,168,000
Prepaid expenses and other current assets 878,000 829,000
TOTAL CURRENT ASSETS 35,207,000 34,123,000
PROPERTY AND EQUIPMENT    
Land 1,550,000 1,550,000
Buildings and improvements 7,633,000 7,626,000
Machinery and equipment 18,781,000 18,606,000
Property plant and equipment gross 27,964,000 27,782,000
Less accumulated depreciation and amortization 17,927,000 17,553,000
NET PROPERTY AND EQUIPMENT 10,037,000 10,229,000
GOODWILL 5,150,000 5,150,000
OTHER INTANGIBLE ASSETS - net 1,444,000 1,502,000
DEFERRED INCOME TAXES - net 1,363,000 1,594,000
OTHER ASSETS - net 611,000 643,000
TOTAL ASSETS 53,812,000 53,241,000
CURRENT LIABILITIES    
Short-term borrowings 2,250,000 360,000
Accounts payable 2,495,000 3,006,000
Accrued liabilities 2,271,000 3,520,000
Current maturities of long-term debt 460,000 460,000
TOTAL CURRENT LIABILITIES 7,476,000 7,346,000
Long-term debt, less current maturities 6,788,000 6,903,000
Other liabilities 258,000 262,000
TOTAL LIABILITIES 14,522,000 14,511,000
COMMITMENTS AND CONTINGENCIES      
SHAREHOLDERS’ EQUITY    
Preferred stock - $10 par; authorized - 2,000,000 shares; no shares issued 0 0
Additional paid-in capital 11,900,000 11,798,000
Retained earnings 26,333,000 25,871,000
Treasury stock, at cost - 345,000 shares at March 31, 2014 and 344,000 shares at December 31, 2013 (2,983,000) (2,977,000)
TOTAL SHAREHOLDERS’ EQUITY 39,290,000 38,730,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 53,812,000 53,241,000
Common Class A [Member]
   
SHAREHOLDERS’ EQUITY    
Common stock 4,040,000 4,038,000
Common Class B [Member]
   
SHAREHOLDERS’ EQUITY    
Common stock $ 0 $ 0