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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 9,937 $ 11,117
Receivables, net 61,477 39,384
Inventories 53,821 33,436
Prepaid expenses and other current assets 2,421 3,383
Refundable income taxes 2,590 0
Total current assets 130,246 87,320
Property, plant and equipment 107,809 126,837
Less accumulated depreciation and amortization (51,463) (70,268)
Net property, plant and equipment 56,346 56,569
Goodwill 112,657 107,905
Intangible assets, net 69,041 67,585
Non-qualified deferred compensation plan 3,882 4,327
Finance lease right of use assets 226 271
Operating lease right of use assets 12,114 9,053
Other assets 3,807 1,102
Total assets 388,319 334,132
Current liabilities:    
Accounts payable 20,899 10,611
Accrued expenses 26,019 12,700
Deferred revenue 4,173 4,247
Finance lease liabilities 59 58
Operating lease liabilities 2,250 2,181
Income taxes payable 0 909
Current installments of long-term debt 4,000 4,000
Total current liabilities 57,400 34,706
Long-term debt, excluding current installments 67,000 71,000
Deferred income taxes 4,127 3,263
Non-qualified deferred compensation plan 3,886 4,337
Finance lease liabilities 171 215
Operating lease liabilities 10,029 6,903
Other liabilities 19,547 19,262
Total liabilities 162,160 139,686
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; 7,608,164 and 7,578,605 shares issued and outstanding, respectively, at September 30, 2022; 7,564,645 and 7,535,086 shares issued and outstanding, respectively, at December 31, 2021 76 75
Additional paid-in capital 35,396 34,151
Retained earnings 194,134 160,807
Accumulated other comprehensive loss (2,860) 0
Treasury stock at cost: 29,559 shares at September 30, 2022 and December 31, 2021 (587) (587)
Total stockholders’ equity 226,159 194,446
Total liabilities and stockholders' equity $ 388,319 $ 334,132