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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 9,065 $ 10,309
Trade and other receivables, less allowance for doubtful accounts of $571 and $751 16,835 27,567
Costs and estimated earnings in excess of billings on uncompleted contracts 47,894 42,592
Inventories 25,542 29,475
Refundable income taxes 349 3,413
Assets held for sale 6,607
Prepaid expenses and other 1,121 1,923
Total current assets 107,413 115,279
Property and equipment, less accumulated depreciation and amortization of $81,043 and $86,451 121,568 131,848
Other assets 11,800 12,253
Total assets 240,781 259,380
Current liabilities:    
Current portion of capital lease obligations 384 340
Accounts payable 4,976 4,739
Accrued liabilities 14,271 15,971
Billings in excess of costs and estimated earnings on uncompleted contracts 929 520
Total current liabilities 20,560 21,570
Capital lease obligations, less current portion 739 718
Deferred income taxes 5,344 5,124
Pension and other long-term liabilities 12,450 14,408
Total liabilities 39,093 41,820
Stockholders’ equity:    
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued or outstanding
Common stock, $.01 par value, 15,000,000 shares authorized, 9,596,335 and 9,564,752 shares issued and outstanding 96 96
Additional paid-in-capital 117,689 117,819
Retained earnings 85,358 101,183
Accumulated other comprehensive loss (1,455) (1,538)
Total stockholders’ equity 201,688 217,560
Total liabilities and stockholders’ equity $ 240,781 $ 259,380