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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 79,579,000 $ 56,847,000
Marketable securities 78,733,000 134,598,000
Accounts receivable 41,914,000 53,119,000
Less allowance for doubtful accounts 450,000 747,000
Accounts receivable, net 41,464,000 52,372,000
Inventories:    
Finished goods 33,495,000 28,791,000
Work in process 87,805,000 59,580,000
Raw materials and supplies 7,236,000 5,617,000
Total inventory 128,536,000 93,988,000
Assets held for sale   375,000
Notes receivable, current 2,853,000 7,213,000
Other current assets 6,668,000 6,869,000
Total current assets 337,833,000 352,262,000
PROPERTY, PLANT AND EQUIPMENT:    
Land and land improvements 3,008,000 3,008,000
Buildings 47,748,000 45,995,000
Machinery and equipment 43,226,000 47,091,000
PROPERTY, PLANT AND EQUIPMENT 93,982,000 96,094,000
Less allowance for depreciation and amortization 56,704,000 56,951,000
PROPERTY, PLANT AND EQUIPMENT, NET 37,278,000 39,143,000
GOODWILL 15,317,000 11,485,000
INTANGIBLE ASSETS, net 3,059,000 1,000,000
NOTES RECEIVABLE 7,182,000 6,966,000
RIGHT-OF-USE LEASE ASSETS 3,521,000  
DEFERRED INCOME TAXES 1,281,000 1,088,000
OTHER ASSETS 4,782,000 1,674,000
Total assets 410,253,000 413,618,000
CURRENT LIABILITIES:    
Accounts payable 21,652,000 34,100,000
Federal and state income taxes 3,799,000 1,384,000
Lease liabilities 520,000  
Accrued liabilities 13,324,000 12,011,000
Total current liabilities 39,295,000 47,495,000
LEASE LIABILITIES - NON-CURRENT 3,001,000  
Total liabilities 42,296,000 47,495,000
STOCKHOLDERS' EQUITY    
Common stock, $1 par value: Authorized: 12,000,000 shares at December 31, 2019 and 2018; Issued: 7,440,518 shares at December 31, 2019 and 2018; Outstanding: 7,006,323 and 6,981,080 shares at December 31, 2019 and 2018, respectively 7,441,000 7,441,000
Paid-in capital 11,447,000 10,360,000
Retained earnings 362,842,000 362,709,000
Accumulated other comprehensive income 136,000 21,000
Stockholders' equity before treasury stock 381,866,000 380,531,000
Less treasury stock, at cost, 434,195 and 459,438 shares at December 31, 2019 and 2018, respectively 13,909,000 14,408,000
Total stockholders' equity 367,957,000 366,123,000
Total liabilities and stockholders' equity $ 410,253,000 $ 413,618,000