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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash $ 13,559 $ 65,173
Short-term investments 106,451 159,132
Trade receivables, net 59,899 65,449
Gross inventories (Note 4) 150,021 129,294
Less LIFO reserve (64,969) (59,489)
Less excess and obsolescence reserve (5,781) (4,812)
Net inventories 79,271 64,993
Prepaid expenses and other current assets 14,780 7,091
Total Current Assets 273,960 361,838
Property, plant and equipment 458,332 447,126
Less allowances for depreciation (388,531) (370,273)
Net property, plant and equipment 69,801 76,853
Deferred income taxes 10,167 6,109
Other assets 46,422 39,963
Total Assets 400,350 484,763
Current Liabilities    
Trade accounts payable and accrued expenses 29,736 35,658
Dividends payable 88,343
Contract liabilities with customers (Note 3) 1,436 1,031
Product liability 406 235
Employee compensation and benefits 23,142 30,160
Workers’ compensation 6,467 6,469
Income taxes payable 1,171
Total Current Liabilities 61,187 163,067
Employee compensation 1,484 1,846
Product liability accrual 46 73
Lease liability (Note 5) 2,328 3,039
Contingent liabilities (Note 13)
Stockholders’ Equity    
Common stock value 24,437 24,378
Additional paid-in capital 45,828 45,075
Retained earnings 410,852 393,097
Treasury stock value (145,812) (145,812)
Total Stockholders’ Equity 335,305 316,738
Total Liabilities and Stockholders’ Equity 400,350 484,763
non-voting Common Stock    
Stockholders’ Equity    
Common stock value