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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,598 $ 4,707
Accounts receivable, net 10,586 8,424
Inventories, net 15,150 12,791
Prepaid income taxes 314  
Other current assets 496 249
Total current assets 29,144 26,171
Property, plant and equipment, net 11,875 11,021
Deferred income taxes 295 409
Other non-current assets 371 385
Total Assets 41,685 37,986
Current liabilities:    
Current portion of long-term debt 548 548
Current portion of capitalized lease obligations 175 133
Dividend payable 13  
Accounts payable 2,494 1,377
Accrued employee compensation and benefits costs 1,908 1,784
Accrued income taxes   414
Other accrued liabilities 865 872
Total current liabilities 6,003 5,128
Long-term debt 2,410 2,950
Post retirement obligation 1,759 1,743
Shareholders' equity:    
Common stock, par value $0.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,392,207 (2,308,315 - 2017) shares 523 523
Capital in excess of par value 14,250 14,171
Retained earnings 18,788 15,709
Accumulated other comprehensive income (loss) 35 (32)
Employee stock ownership trust commitment (561) (662)
Treasury stock, at cost 117,979 (183,983 - 2017) shares (1,522) (1,544)
Total shareholders' equity 31,513 28,165
Total Liabilities and Shareholders' Equity $ 41,685 $ 37,986