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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash $ 1,729,000 $ 1,241,000
Accounts receivable — net 11,701,000 10,047,000
Inventories 20,240,000 19,657,000
Prepaid expenses and other current assets 1,286,000 1,224,000
TOTAL CURRENT ASSETS 34,956,000 32,169,000
PROPERTY AND EQUIPMENT    
Land 1,281,000 1,281,000
Buildings and improvements 6,155,000 6,138,000
Machinery and equipment 22,208,000 20,579,000
Property, Plant and Equipment, Gross 29,644,000 27,998,000
Less accumulated depreciation and amortization 20,019,000 19,091,000
NET PROPERTY AND EQUIPMENT 9,625,000 8,907,000
GOODWILL 4,440,000 4,447,000
OTHER INTANGIBLE ASSETS — net 7,984,000 8,533,000
DEFERRED INCOME TAXES — net 583,000 872,000
OTHER ASSETS — net 755,000 110,000
TOTAL ASSETS 58,343,000 55,038,000
CURRENT LIABILITIES    
Short-term borrowings 3,607,000 1,928,000
Accounts payable 3,018,000 2,443,000
Accrued compensation and benefits 2,016,000 1,944,000
Accrued other liabilities 1,483,000 1,576,000
Current maturities of long-term debt 471,000 0
Other current liabilities 936,000 0
TOTAL CURRENT LIABILITIES 11,531,000 7,891,000
Long–term debt, less current maturities 0 94,000
Other liabilities 174,000 1,040,000
TOTAL LIABILITIES 11,705,000 9,025,000
SHAREHOLDERS' EQUITY    
Preferred stock - $10 par; authorized - 2,000,000 shares; no shares issued 0 0
Additional paid-in capital 13,811,000 13,064,000
Retained earnings 34,822,000 34,455,000
Treasury stock, at cost – 702,000 shares at September 30, 2018 and 631,000 shares at December 31, 2017 (5,768,000) (5,179,000)
Accumulated other comprehensive loss (621,000) (530,000)
TOTAL SHAREHOLDERS' EQUITY 46,638,000 46,013,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 58,343,000 55,038,000
Common Class A [Member]    
SHAREHOLDERS' EQUITY    
Common stock 4,394,000 4,203,000
TOTAL SHAREHOLDERS' EQUITY 4,394,000 4,203,000
Common Class B [Member]    
SHAREHOLDERS' EQUITY    
Common stock $ 0 $ 0