Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 10,977,000	$ 31,950,000
Receivables, net	32,470,000	33,966,000
Inventories, net	23,722,000	23,597,000
Other current assets	5,946,000	4,751,000
Deferred income taxes, net	4,145,000	6,105,000
Total current assets	77,260,000	100,369,000
Property, plant and equipment, net	18,166,000	8,070,000
Deferred income taxes, net	1,949,000	5,496,000
Goodwill	19,004,000	13,072,000
Other intangible assets, net	16,473,000	3,788,000
Other assets and deferred charges, net	1,068,000	981,000
Total assets	133,920,000	131,776,000
Current liabilities:
Short-term borrowings and current portion of long-term debt	13,500,000	0
Accounts payable	20,519,000	19,285,000
Accrued income taxes		3,618,000
Accrued liabilities:
Payroll and related costs	4,976,000	4,880,000
Other	11,652,000	16,466,000
Total current liabilities	50,647,000	44,249,000
Deferred compensation and supplemental retirement benefits	1,180,000	1,427,000
Other long-term liabilities	5,090,000	8,779,000
Total liabilities	$ 56,917,000	$ 54,455,000
Commitments and contingencies
SHAREHOLDERS' EQUITY
Preferred stock, no par value; authorized, 6,000,000 shares; none issued
Common stock, $.20 par value; authorized, 25,000,000 shares; issued, 6,496,000 and 6,656,000 shares, respectively	$ 1,299,000	$ 1,331,000
Capital in excess of par value	16,800,000	22,747,000
Retained earnings	90,113,000	79,415,000
Accumulated other comprehensive (loss), net of tax	(2,491,000)	(638,000)
Treasury stock at cost, 2,535,000 and 2,512,000 shares, respectively	(28,718,000)	(25,534,000)
Total shareholders' equity	77,003,000	77,321,000
Total liabilities and shareholders' equity	$ 133,920,000	$ 131,776,000