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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 4,212 $ 6,497
Restricted cash 663 663
Accounts receivable, less allowances of $272 and $404 3,492 6,925
Inventory, net 22,951 20,934
Prepaid expenses and other current assets 729 959
Total current assets 32,047 35,978
Property, plant and equipment, net 1,606 1,787
Cash surrender value of life insurance policies, net 22,253
Other assets 2,868 3,128
Total assets 36,521 63,146
Current liabilities:    
Accounts payable 5,674 5,441
Accrued salaries, wages and benefits 1,371 1,367
Deferred revenue 759 442
Other accrued expenses 593 334
Total current liabilities 8,397 7,584
Deferred compensation 4,219 4,301
Supplemental retirement plan 1,724 1,797
Other long-term liabilities 2,199 1,812
Total liabilities 16,539 15,494
Commitments and Contingencies (Footnote 10)
STOCKHOLDERS’ EQUITY    
Common stock, $0.02 par value, 25,000,000 shares authorized, 14,730,805 and 14,906,831 shares issued and outstanding at December 31, 2016 and 2015, respectively 275 283
Capital in excess of par value 16,840 17,521
Retained earnings 5,129 32,023
Accumulated other comprehensive loss (2,262) (2,175)
Total stockholders’ equity 19,982 47,652
Total liabilities and stockholders’ equity $ 36,521 $ 63,146