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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 28, 2025
Dec. 31, 2024
Current Assets    
Cash $ 23,272 $ 10,028
Short-term investments 78,081 95,453
Trade receivables, net 61,805 67,145
Gross inventories (Note 4) 125,209 149,417
Less LIFO reserve (68,157) (66,398)
Less excess and obsolescence reserve (4,034) (6,533)
Net inventories 53,018 76,486
Prepaid expenses and other current assets 10,370 9,245
Total Current Assets 226,546 258,357
Property, plant and equipment 483,363 477,622
Less allowances for depreciation (416,037) (406,373)
Net property, plant and equipment 67,326 71,249
Deferred income taxes 19,121 16,681
Other assets 36,542 37,747
Total Assets 349,535 384,034
Current Liabilities    
Trade accounts payable and accrued expenses 32,589 35,750
Contract liabilities with customers (Note 3) 91
Product liability 786 431
Employee compensation and benefits 17,998 18,824
Workers’ compensation 5,758 5,804
Total Current Liabilities 57,222 60,809
Employee compensation 1,485 1,835
Product liability accrual 61 61
Lease liabilities (Note 5) 1,434 1,747
Contingent liabilities (Note 13)
Stockholders’ Equity    
Additional paid-in capital 52,751 50,536
Retained earnings 420,271 436,609
Less: Treasury stock – at cost 2025 – 8,256,544 shares 2024 – 7,813,460 shares (208,179) (192,031)
Total Stockholders’ Equity 289,333 319,582
Total Liabilities and Stockholders’ Equity 349,535 384,034
Nonvoting Common Stock    
Stockholders’ Equity    
Common Stock, Value
Common Stock    
Stockholders’ Equity    
Common Stock, Value $ 24,490 $ 24,468