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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 0 $ 5,025
Receivables (less allowance for doubtful accounts at March 31, 2019, and December 31, 2018 - $24) 43,885 38,797
Inventory 111,330 108,769
Prepaid expenses 2,263 1,320
Refundable income taxes 2,361 712
Total current assets 159,839 154,623
Property, plant, and equipment 297,420 295,893
Less accumulated depreciation and amortization (177,478) (175,105)
Property, plant, and equipment, net 119,942 120,788
Operating lease right-of-use asset, net 6,686  
Other assets 3,633 2,481
Total assets 290,100 277,892
Current Liabilities    
Current maturities of long-term debt 390 386
Accounts payable 19,398 25,363
Accrued expenses 10,629 11,714
Total current liabilities 30,417 37,463
Long-term debt, less current maturities 20,946 21,040
Credit agreement - revolver 21,641 10,588
Operating lease liability 4,631  
Deferred credits 1,482 1,565
Accrued retirement, health, and life insurance benefits 2,526 2,595
Other noncurrent liabilities 1,516 1,523
Deferred income taxes 1,822 1,677
Total liabilities 84,981 76,451
Commitments and Contingencies
Capital stock    
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares 4 4
Common stock    
No par value; authorized 40,000,000 shares; issued 18,115,965 shares at March 31, 2019, and December 31, 2018, and 17,014,882 and 16,856,414 shares outstanding at March 31, 2019, and December 31, 2018, respectively 6,715 6,715
Additional paid-in capital 12,636 15,375
Retained earnings 206,851 198,914
Accumulated other comprehensive loss (81) (164)
Treasury stock, at cost    
Shares of 1,101,083 at March 31, 2019, and 1,259,551 at December 31, 2018 (21,006) (19,403)
Total stockholders’ equity 205,119 201,441
Total liabilities and stockholders’ equity $ 290,100 $ 277,892