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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 7,926 $ 3,836
Accounts receivable, net of allowance for doubtful accounts and discounts & allowances of $1,350 and $1,100 at December 31, 2020 and 2019, respectively 8,002 6,692
Inventories, net 6,930 6,392
Prepaid expenses and other current assets 1,163 1,598
Refundable income taxes 31 681
Total current assets 24,052 19,199
Property, plant and equipment, net 21,048 22,274
Operating lease right-of-use asset 345 738
Intangible assets    
Goodwill and indefinite-lived intangibles 12,824 12,824
Other intangible assets, net 0 152
Total intangible assets 12,824 12,976
Other assets 1,800 1,800
Total assets 60,069 56,987
Current liabilities    
Accounts payable 5,592 5,282
Accrued expenses 2,196 4,087
Accrued income taxes 653 154
Total current liabilities 8,441 9,523
Line of credit 2,768 2,745
Operating lease liabilities 165 488
Deferred income taxes, net 1,764 922
Other long-term liabilities 77 58
Total liabilities 13,215 13,736
Commitments and contingencies
Stockholders' equity    
Preferred stock, no par value; 2,500 shares authorized; no shares issued or outstanding at 2020 and 2019 0 0
Common stock, no par value; 40,000 shares authorized; 17,274 shares issued; 15,604 and 15,710 shares outstanding at 2020 and 2019 6,509 6,509
Paid-in-capital 2,600 2,380
Treasury stock, at cost (12,450) (12,601)
Retained earnings 50,195 46,963
Total stockholders' equity 46,854 43,251
Total liabilities and stockholders' equity $ 60,069 $ 56,987