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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash $ 865,000 $ 1,011,000
Accounts receivable — net 12,504,000 9,547,000
Inventories 24,910,000 24,335,000
Deferred income taxes — net 1,149,000 1,149,000
Prepaid expenses and other current assets 1,790,000 1,529,000
TOTAL CURRENT ASSETS 41,218,000 37,571,000
PROPERTY AND EQUIPMENT    
Land 1,550,000 1,550,000
Buildings and improvements 7,697,000 7,683,000
Machinery and equipment 20,799,000 20,460,000
Property plant and equipment gross 30,046,000 29,693,000
Less accumulated depreciation and amortization 19,949,000 19,101,000
NET PROPERTY AND EQUIPMENT 10,097,000 10,592,000
GOODWILL 12,040,000 11,980,000
OTHER INTANGIBLE ASSETS — net 11,804,000 12,437,000
OTHER ASSETS — net 408,000 514,000
TOTAL ASSETS 75,567,000 73,094,000
CURRENT LIABILITIES    
Short-term borrowings 14,916,000 11,817,000
Accounts payable 3,750,000 3,160,000
Accrued liabilities 4,885,000 5,500,000
Current maturities of long-term debt 498,000 3,167,000
TOTAL CURRENT LIABILITIES 24,049,000 23,644,000
Long-term debt, less current maturities 6,246,000 6,493,000
Deferred tax liabilities - net 2,766,000 2,720,000
Other liabilities 237,000 246,000
TOTAL LIABILITIES 33,298,000 33,103,000
SHAREHOLDERS' EQUITY    
Preferred stock - $10 par; authorized - 2,000,000 shares; no shares issued 0 0
Additional paid-in capital 12,807,000 12,695,000
Retained earnings 30,044,000 27,951,000
Treasury stock, at cost - 554,000 shares at June 30, 2015 and December 31, 2014 (4,566,000) (4,566,000)
Accumulated other comprehensive loss (184,000) (228,000)
TOTAL SHAREHOLDERS' EQUITY 42,269,000 39,991,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 75,567,000 73,094,000
Common Class A [Member]    
SHAREHOLDERS' EQUITY    
Common stock 4,168,000 4,139,000
Common Class B [Member]    
SHAREHOLDERS' EQUITY    
Common stock $ 0 $ 0