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401(k) Plan
12 Months Ended
Dec. 31, 2019
401(k) Plan [Abstract]  
401(k) Plan

G.   401(K) PLAN:

The Company sponsors a 401(k) retirement plan that covers substantially all non-union employees. Historically, the Company matched up to 50% of the first 4% of salary contributed by employees to the plan. This matching contribution was made with common stock. Starting in 2004, the Company began to match, in cash, an additional 50% of the first 4% of salary contributed by employees plus 3% of total compensation for certain employees. Contributions made from treasury stock, including the Company's related cash dividends, totaled $1,197,000 in 2019, $1,218,000 in 2018, and $1,194,000 in 2017. In addition, the Company made cash contributions of $802,000 in 2019, $821,000 in 2018, and $817,000 in 2017 to the 401(k) Plan.  The Company also contributed $387,000, $352,000, and $369,000 to the 401(k) retirement plan covering its union employees at the Amron Division of the AMTEC subsidiary during the years ended December 31, 2019, 2018, and 2017, respectively.