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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 5,512 $ 2,998
Accounts receivable, net of allowance for doubtful accounts and discounts & allowances of $1,240 and $1,220 at September 30, 2019 and December 31, 2018 respectively 6,572 6,276
Inventories, net 6,758 5,817
Prepaid expenses and other current assets 1,477 1,077
Refundable income taxes 827 2,748
Total current assets 21,146 18,916
Property, plant and equipment, net 22,620 24,573
Operating lease right-of-use asset 839 0
Intangible assets    
Goodwill & indefinite-lived intangibles 12,824 12,824
Other intangible assets, net 192 344
Total intangible assets 13,016 13,168
Other Assets 165 150
Total assets 57,786 56,807
Current liabilities    
Accounts payable 6,968 4,570
Accrued expenses 3,402 2,777
Accrued income taxes 63 106
Total current liabilities 10,433 7,453
Line of credit 4,224 5,995
Operating lease liabilities 527 0
Deferred income taxes, net 390 390
Other long-term liabilities 76 564
Total liabilities 15,650 14,402
Stockholders' equity    
Preferred stock, no par value; 2,500 shares authorized; no shares issued or outstanding at September 30, 2019 and December 31, 2018, respectively 0 0
Common stock, no par value; 40,000 shares authorized; 17,274 shares issued; 15,706 and 15,814 outstanding at September 30, 2019 and December 31, 2018, respectively 6,509 6,509
Paid-in-capital 2,348 2,303
Treasury stock, at cost (12,630) (12,970)
Retained earnings 45,909 46,563
Total stockholders' equity 42,136 42,405
Total liabilities and stockholders' equity $ 57,786 $ 56,807