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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 86,036,000 $ 79,579,000
Marketable securities 68,981,000 78,733,000
Accounts receivable 53,979,000 41,914,000
Less allowance for doubtful accounts 312,000 450,000
Accounts receivable, net 53,667,000 41,464,000
Inventories:    
Finished goods 31,440,000 33,495,000
Work in process 96,463,000 87,805,000
Raw materials and supplies 7,585,000 7,236,000
Total inventory 135,488,000 128,536,000
Notes receivable, current 2,869,000 2,853,000
Other current assets 10,199,000 6,668,000
Total current assets 357,240,000 337,833,000
PROPERTY, PLANT AND EQUIPMENT:    
Land and land improvements 3,008,000 3,008,000
Buildings 48,706,000 47,748,000
Machinery and equipment 44,774,000 43,226,000
PROPERTY, PLANT AND EQUIPMENT 96,488,000 93,982,000
Less allowance for depreciation and amortization 59,375,000 56,704,000
PROPERTY, PLANT AND EQUIPMENT, NET 37,113,000 37,278,000
GOODWILL 15,317,000 15,317,000
INTANGIBLE ASSETS, net 2,838,000 3,059,000
NOTES RECEIVABLE 7,399,000 7,182,000
RIGHT-OF-USE LEASE ASSETS 3,363,000 3,521,000
DEFERRED INCOME TAXES 2,994,000 1,281,000
OTHER ASSETS 6,906,000 4,782,000
Assets, Total 433,170,000 410,253,000
CURRENT LIABILITIES:    
Accounts payable 33,474,000 21,652,000
Federal and state income taxes 4,777,000 3,799,000
Lease liabilities 573,000 520,000
Accrued liabilities 16,268,000 13,324,000
Total current liabilities 55,092,000 39,295,000
LEASE LIABILITIES - NON-CURRENT 2,790,000 3,001,000
OTHER NON-CURRENT LIABILITIES 940,000 0
Total liabilities 58,822,000 42,296,000
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock, $1 par value: Authorized: 12,000,000 shares at December 31, 2020 and 2019 Issued: 7,440,518 shares at December 31, 2020 and 2019 Outstanding: 7,025,433 and 7,006,323 shares at December 31, 2020 and 2019, respectively 7,441,000 7,441,000
Paid-in capital 12,438,000 11,447,000
Retained earnings 367,627,000 362,842,000
Accumulated other comprehensive income 154,000 136,000
Stockholders' Equity before Treasury Stock 387,660,000 381,866,000
Less treasury stock, at cost, 415,085 and 434,195 shares at December 31, 2020 and 2019, respectively 13,312,000 13,909,000
Total stockholders' equity 374,348,000 367,957,000
Liabilities and Equity, Total $ 433,170,000 $ 410,253,000