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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 25,377 $ 24,234
Receivables, net 30,018 26,428
Inventories 20,016 18,642
Prepaid expenses and other current assets 2,630 2,560
Total current assets 78,041 71,864
Property, plant and equipment 120,037 118,388
Less accumulated depreciation and amortization (66,388) (64,633)
Net property, plant and equipment 53,649 53,755
Goodwill 51,838 51,838
Intangible assets, net 19,404 19,718
Non-qualified deferred compensation plan 3,881 3,724
Finance lease right of use assets 96 100
Operating lease right of use assets 2,118 2,052
Other assets 153 153
Total assets 209,180 203,204
Current liabilities:    
Accounts payable 5,977 4,121
Accrued expenses 6,861 7,944
Deferred revenue 1,763 1,887
Finance lease liabilities 15 15
Operating lease liabilities 1,189 1,154
Income taxes payable 863 16
Total current liabilities 16,668 15,137
Deferred income taxes 5,336 5,057
Non-qualified deferred compensation plan 4,105 3,810
Finance lease liabilities 82 86
Operating lease liabilities 975 950
Other liabilities 1,195 1,271
Total liabilities 28,361 26,311
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $.01 par value, 1,000,000 shares authorized; no shares issued 0 0
Common stock, $.01 par value, 20,000,000 shares authorized; 7,549,538 and 7,519,979 shares issued and outstanding, respectively, at March 31, 2021; 7,529,625 and 7,500,066 shares issued and outstanding, respectively, at December 31, 2020 75 75
Additional paid-in capital 32,247 32,484
Retained earnings 149,084 144,921
Treasury stock at cost, 29,559 shares at March 31, 2021 and 29,559 shares at December 31, 2020 (587) (587)
Total stockholders’ equity 180,819 176,893
Total liabilities and stockholders' equity $ 209,180 $ 203,204