CONSOLIDATED BALANCE SHEEETS - USD ($) $ in Thousands	Jul. 02, 2016	Dec. 31, 2015
Current assets:
Cash	$ 26,692	$ 6,497
Restricted cash	663	663
Accounts receivable, less allowances of $417 and $404, on each respective date	5,607	6,925
Inventory	21,202	20,934
Prepaid expenses and other current assets	646	959
Total current assets	54,810	35,978
Property, plant and equipment, net	1,698	1,787
Cash surrender value of life insurance policies, net		22,253
Other assets	3,012	3,128
Total assets	59,520	63,146
Current liabilities:
Accounts payable	5,852	5,883
Accrued salaries, wages and benefits	1,357	1,367
Other accrued expenses	977	334
Total current liabilities	8,186	7,584
Deferred compensation	3,928	4,301
Supplemental retirement plan	1,754	1,797
Other long-term liabilities	1,739	1,812
Total liabilities	15,607	15,494
STOCKHOLDERS’ EQUITY
Common stock, $0.02 par value, 25,000,000 shares authorized, 14,732,199 and 14,906,831 shares issued and outstanding on each respective date	275	283
Capital in excess of par value	16,620	17,521
Retained earnings	29,146	32,023
Accumulated other comprehensive loss	(2,128)	(2,175)
Total stockholders’ equity	43,913	47,652
Total liabilities and stockholders’ equity	$ 59,520	$ 63,146

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.