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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 02, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 75,625 $ 70,711
Marketable securities 29,013 24,863
Accounts receivable, net 42,179 71,024
Inventories:    
Finished goods 34,754 36,249
Work in process 107,957 105,564
Raw materials 12,280 10,324
Inventory, net 154,991 152,137
Notes receivable, current 2,251 2,226
Other current assets 7,987 5,671
Total current assets 312,046 326,632
PROPERTY, PLANT AND EQUIPMENT 105,802 105,425
Less allowance for depreciation 64,842 63,634
Property, plant and equipment, net 40,960 41,791
GOODWILL 19,433 18,573
INTANGIBLE ASSETS, net 6,548 6,926
RIGHT-OF-USE LEASE ASSETS 10,562 10,731
DEFERRED INCOME TAXES 4,642 5,506
OTHER ASSETS 1,688 1,688
Assets 395,879 411,847
CURRENT LIABILITIES:    
Accounts payable 35,882 34,604
Federal and state income taxes 4,946 2,552
Lease liabilities 540 577
Accrued liabilities 15,008 15,908
Total current liabilities 56,376 53,641
LEASE LIABILITIES - NON-CURRENT 10,021 10,154
Total liabilities 66,397 63,795
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock, $1 par value: Authorized: 12,000,000 shares Issued: 7,440,518 shares ( 7,441 7,441
Paid-in capital 15,308 14,799
Retained earnings 318,564 338,071
Accumulated other comprehensive loss (88) (103)
Stockholders' Equity before Treasury Stock 341,225 360,208
Treasury stock, at cost 11,743 12,156
Total stockholders' equity 329,482 348,052
Liabilities and Equity $ 395,879 $ 411,847