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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash $ 999,000 $ 1,241,000
Accounts receivable — net 9,574,000 10,047,000
Inventories 20,496,000 19,657,000
Prepaid expenses and other current assets 1,137,000 1,224,000
TOTAL CURRENT ASSETS 32,206,000 32,169,000
PROPERTY AND EQUIPMENT    
Land 1,281,000 1,281,000
Buildings and improvements 6,262,000 6,138,000
Machinery and equipment 22,612,000 20,579,000
Property, Plant and Equipment, Gross 30,155,000 27,998,000
Less accumulated depreciation and amortization 20,380,000 19,091,000
NET PROPERTY AND EQUIPMENT 9,775,000 8,907,000
GOODWILL 4,436,000 4,447,000
OTHER INTANGIBLE ASSETS — net 7,800,000 8,533,000
DEFERRED INCOME TAXES — net 628,000 872,000
OTHER ASSETS — net 741,000 110,000
TOTAL ASSETS 55,586,000 55,038,000
CURRENT LIABILITIES    
Short-term borrowings 2,096,000 1,928,000
Accounts payable 2,755,000 2,443,000
Accrued compensation and benefits 2,336,000 1,944,000
Accrued other liabilities 1,243,000 1,576,000
Current maturities of long-term debt 453,000 0
Contingent consideration payable 1,000,000 0
TOTAL CURRENT LIABILITIES 9,883,000 7,891,000
Long-term debt, less current maturities 0 94,000
Other liabilities 168,000 1,040,000
TOTAL LIABILITIES 10,051,000 9,025,000
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Preferred stock - $10 par; authorized - 2,000,000 shares; no shares issued 0 0
Additional paid-in capital 13,904,000 13,064,000
Retained earnings 34,588,000 34,455,000
Treasury stock, at cost - 816,000 shares at December 31, 2018 and 631,000 shares at December 31, 2017 (6,695,000) (5,179,000)
Accumulated other comprehensive loss (672,000) (530,000)
TOTAL SHAREHOLDERS' EQUITY 45,535,000 46,013,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 55,586,000 55,038,000
Common Class A [Member]    
SHAREHOLDERS' EQUITY    
Common stock 4,410,000 4,203,000
TOTAL SHAREHOLDERS' EQUITY 4,410,000 4,203,000
Common Class B [Member]    
SHAREHOLDERS' EQUITY    
Common stock $ 0 $ 0