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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 3,769 $ 4,502
Accounts receivable, net 5,739 4,990
Inventories, net 12,850 11,929
Prepaid income taxes 26 310
Deferred income taxes 2,589 747
Other assets 529 311
Total current assets 25,502 22,789
Property, plant and equipment, net 8,157 6,860
Other non-current assets 362 354
Total Assets 34,021 30,003
Current liabilities:    
Current portion of long-term debt 2,641 2,641
Demand note payable 1,000  
Accounts payable 1,496 1,216
Accrued employee compensation and benefit costs 1,640 1,612
Accrued arbitration award and related liability 5,419  
Other accrued liabilities 522 297
Total current liabilities 12,718 5,766
Long-term debt 4 21
Deferred income taxes 482 482
Commitments and contingencies (See Note 8)      
Shareholders' equity:    
Common stock, par value $.20; authorized 4,000,000 shares; issued 2,614,506 shares; outstanding 2,262,061 (2,285,883 - 2013) shares 523 523
Capital in excess of par value 14,056 14,024
Retained earnings 9,303 12,302
Accumulated other comprehensive loss (26) (26)
Employee stock ownership trust commitment (1,065) (1,065)
Treasury stock, at cost 156,652 (137,830 - 2013) shares (1,974) (2,024)
Total shareholders' equity 20,817 23,734
Total Liabilities and Shareholders' Equity $ 34,021 $ 30,003