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Consolidated Balance Sheets - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 4,117,000 $ 2,312,000
Accounts receivable (less allowance for doubtful accounts: June 30, 2015 - $304,000; December 31, 2014 - $289,000) 35,367,000 34,360,000
Inventories:    
Inventory, Finished Goods, Net of Reserves 1,392,000 1,402,000
Inventory, Work in Process, Net of Reserves 1,392,000 1,621,000
Inventory, Stores, Net of Reserves 10,022,000 8,612,000
Total inventories, net 12,806,000 11,635,000
Deferred tax asset-current portion 1,868,000 1,868,000
Foreign sales tax receivable 271,000 1,447,000
Income taxes receivable 0 2,286,000
Prepaid expenses and other current assets 1,216,000 715,000
Costs in Excess of Billings, Current 181,000 0
Total current assets 55,826,000 54,623,000
Property, plant and equipment — net 73,524,000 61,995,000
Goodwill 2,403,000 1,097,000
Intangible Assets, Net (Excluding Goodwill) 638,000 0
Total Assets 132,391,000 117,715,000
Current liabilities:    
Revolving line of credit 0 2,768,000
Current portion of long-term debt 4,571,000 1,714,000
Current portion of interest rate swaps 16,000 34,000
Accounts payable 12,634,000 9,256,000
Tooling in progress 0 8,068,000
Current portion of post retirement benefits liability 1,064,000 1,064,000
Accrued liabilities:    
Compensation and related benefits 7,379,000 7,087,000
Taxes 740,000 256,000
Other 1,758,000 1,132,000
Total current liabilities 28,162,000 31,379,000
Long-term debt 11,250,000 714,000
Interest rate swaps 0 3,000
Deferred Tax Liabilities, Net, Noncurrent 1,365,000 1,365,000
Post retirement benefits liability 8,022,000 8,108,000
Total Liabilities 48,799,000 41,569,000
Commitments and Contingencies 0 0
Stockholders' Equity:    
Preferred stock — $0.01 par value, authorized shares — 10,000,000; outstanding shares: 0 at June 30, 2015 and December 31, 2014 0 0
Common stock — $0.01 par value, authorized shares – 20,000,000; outstanding shares: 7,591,000 at June 30, 2015 and 7,559,000 at December 31, 2014 76,000 76,000
Paid-in capital 28,701,000 28,138,000
Accumulated other comprehensive income, net of income taxes 2,722,000 2,830,000
Treasury stock (27,604,000) (27,360,000)
Retained earnings 79,697,000 72,462,000
Total Stockholders' Equity 83,592,000 76,146,000
Total Liabilities and Stockholders' Equity $ 132,391,000 $ 117,715,000