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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash $ 1,205,000 $ 3,699,000
Accounts receivable - net 10,994,000 7,906,000
Inventories 20,090,000 19,901,000
Prepaid expenses and other current assets 925,000 3,030,000
TOTAL CURRENT ASSETS 33,214,000 34,536,000
PROPERTY AND EQUIPMENT    
Land 1,281,000 1,150,000
Buildings and improvements 6,136,000 5,209,000
Machinery and equipment 20,160,000 19,401,000
Property, Plant and Equipment, Gross 27,577,000 25,760,000
Less accumulated depreciation and amortization 18,770,000 18,671,000
NET PROPERTY AND EQUIPMENT 8,807,000 7,089,000
GOODWILL 4,445,000 3,897,000
OTHER INTANGIBLE ASSETS - net 8,709,000 6,606,000
DEFERRED INCOME TAXES - net 1,643,000 1,793,000
OTHER ASSETS - net 120,000 130,000
TOTAL ASSETS 56,938,000 54,051,000
CURRENT LIABILITIES    
Short-term borrowings 2,334,000 0
Accounts payable 3,247,000 2,398,000
Accrued compensation and benefits 1,694,000 1,733,000
Accrued other liabilities 1,449,000 2,019,000
Current maturities of long-term debt 0 13,000
TOTAL CURRENT LIABILITIES 8,724,000 6,163,000
Long - term debt, less current maturities 92,000 88,000
Other liabilities 901,000 210,000
TOTAL LIABILITIES 9,717,000 6,461,000
SHAREHOLDERS’ EQUITY    
Preferred stock - $10 par; authorized - 2,000,000 shares; no shares issued 0 0
Additional paid-in capital 12,996,000 12,906,000
Retained earnings 35,481,000 36,061,000
Treasury stock, at cost - 596,000 shares at September 30, 2017 and 584,000 at December 31, 2016 (4,910,000) (4,821,000)
Accumulated other comprehensive loss (549,000) (737,000)
TOTAL SHAREHOLDERS’ EQUITY 47,221,000 47,590,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 56,938,000 54,051,000
Common Class A [Member]    
SHAREHOLDERS’ EQUITY    
Common stock 4,203,000 4,181,000
TOTAL SHAREHOLDERS’ EQUITY 4,203,000 4,181,000
Common Class B [Member]    
SHAREHOLDERS’ EQUITY    
Common stock $ 0 $ 0