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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 30,188 $ 29,540
Adjustments to reconcile net earnings to net cash provided by (used for) operating activities -    
Depreciation 2,579 2,485
Amortization 271 282
Bad debt expense 519 151
Deferred income taxes 2,462 1,297
Net foreign currency transaction gains 99 43
Share-based compensation expense 1,352 1,523
Pension settlement charge   894
Pension expense 1,293 178
Impairment of trademark 450 1,150
Loss on disposal of fixed assets 59 117
Gain from fair value measurement of contingent consideration   (857)
Increase in cash surrender value of life insurance (684) (690)
Changes in operating assets and liabilities    
Accounts receivable 13,531 (282)
Inventories 53,047 (56,963)
Prepaid expenses and other assets (358) (1,429)
Accounts payable (6,074) (4,293)
Accrued liabilities and other (982) (2,553)
Accrued income taxes 879 (497)
Net cash provided by (used for) operating activities 98,631 (29,904)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities of marketable securities 1,960 1,719
Proceeds from sale of investment securities 107 8,049
Purchases of property, plant and equipment (3,309) (2,342)
Net cash (used for) provided by investing activities (1,242) 7,426
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash dividends paid (9,286) (6,951)
Shares purchased and retired (4,338) (4,195)
Net proceeds from stocks option exercised 103 293
Payment of contingent consideration (500)  
Taxes paid related to the net share settlement of equity awards (186) (12)
Proceeds from bank borrowings 70,060 120,608
Repayments of bank borrowings (101,196) (89,472)
Net cash (used for) provided by financing activities (45,343) 20,271
Effect of exchange rate changes on cash and cash equivalents 390 (628)
Net increase (decrease) in cash and cash equivalents 52,436 (2,835)
CASH AND CASH EQUIVALENTS at beginning of year 16,876 19,711
CASH AND CASH EQUIVALENTS at end of year 69,312 16,876
SUPPLEMENTAL CASH FLOW INFORMATION:    
Income taxes paid, net of refunds 7,115 9,441
Interest paid $ 977 $ 710