CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash	$ 1,735	$ 2,029
Accounts receivable, net	13,034	13,183
Inventories, net	23,459	20,151
Prepaid income taxes	43	416
Other current assets	609	522
Total current assets	38,880	36,301
Property, plant and equipment, net	12,779	12,717
Deferred income taxes	107	107
Other non-current assets	342	345
Total Assets	52,108	49,470
Current liabilities:
Current portion of long-term debt	548	548
Current portion of capitalized lease obligations	301	301
Dividend payable	17	17
Accounts payable	4,530	4,458
Accrued employee compensation and benefits costs	2,428	2,283
Other accrued liabilities	933	1,035
Total current liabilities	8,757	8,642
Long-term debt	5,711	5,170
Post retirement obligation	2,225	2,126
Shareholders' equity:
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,389,673 (2,399,576 - 2019) shares	523	523
Capital in excess of par value	14,391	14,358
Retained earnings	22,382	20,484
Accumulated other comprehensive income	98	98
Employee stock ownership trust commitment	(460)	(460)
Treasury stock, at cost 137,407 (127,504 - 2019) shares	(1,519)	(1,471)
Total shareholders' equity	35,415	33,532
Total Liabilities and Shareholders' Equity	$ 52,108	$ 49,470