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Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 615,000 $ 4,131,000
Accounts receivable, net 39,427,000 27,584,000
Inventories, net 22,410,000 18,360,000
Income tax receivable 2,601,000 2,026,000
Deferred Income Taxes and Other Tax Receivable, Current 4,317,000 1,916,000
Prepaid expenses and other current assets 1,613,000 2,461,000
Total current assets 70,983,000 56,478,000
Right of use asset 3,631,000 2,754,000
Property, plant and equipment, net 74,377,000 74,052,000
Goodwill 17,376,000 17,376,000
Intangibles, net 10,054,000 11,516,000
Other non-current assets 3,033,000 3,332,000
Total Assets 179,454,000 165,508,000
Current liabilities:    
Current portion of long-term debt 3,774,000 2,535,000
Revolving debt 2,320,000 420,000
Accounts payable 24,149,000 16,994,000
Taxes payable 2,557,000 2,613,000
Contract liability 3,062,000 1,319,000
Compensation and related benefits 7,269,000 8,305,000
Accrued other liabilities 4,292,000 3,809,000
Total current liabilities 47,423,000 35,995,000
Other non-current liabilities 2,742,000 2,560,000
Long-term debt 22,252,000 25,198,000
Post-retirement benefits liability 7,745,000 7,823,000
Total Liabilities 80,162,000 71,576,000
Commitments and Contingencies 0 0
Stockholders’ Equity:    
Preferred stock — $0.01 par value, authorized shares — 10,000,000; no shares outstanding at September 30, 2021 and December 31, 2020 0 0
Common stock — $0.01 par value, authorized shares – 20,000,000; outstanding shares 8,083,279 at September 30, 2021 and 7,980,516 at December 31, 2020 81,000 80,000
Paid-in capital 37,543,000 36,127,000
Accumulated other comprehensive income, net of income taxes $ 1,184,000 $ 1,375,000
Treasury stock (in shares) 3,818,166 3,810,929
Treasury stock - at cost, 3,818,166 shares at September 30, 2021 and 3,810,929 shares at December 31, 2020 $ (28,617,000) $ (28,521,000)
Retained earnings 89,101,000 84,871,000
Total Stockholders’ Equity 99,292,000 93,932,000
Total Liabilities and Stockholders’ Equity $ 179,454,000 $ 165,508,000