17 CoNSolIdATEd bAlANCE ShEETS  (IN ThoUSANdS, ExCEPT ShARE dATA) deceMber 31 aSSetS 2014 2013 Current assets: Cash and cash equivalents  $ 34,052  $ 37,303 Receivables, net   16,470 17,032 Inventories   12,893 11,048  prepaid expenses   664 690 Refundable income taxes   3,192 1,537 Deferred income taxes   1,142 1,110 total current assets   68,413 68,720 property, plant, and equipment  75,823 64,574 Less accumulated depreciation and amortization  (40,980)  (39,067) net property, plant, and equipment   34,843 25,507 Goodwill 7,322 7,322  Intangible assets, net   953 1,346  Other assets   2,159 2,013  total assets  $ 113,690 $ 104,908 the accompanying notes are an integral part of these consolidated financial statements. Current liabilities:  Accounts payable $ 5,398 $ 3,081 Accrued expenses  5,222 8,265  Current installments of long-term debt  993 976 total current liabilities   11,613 12,322 Long-term debt, excluding current installments  1,873 2,867 Deferred income taxes   3,588 2,324  Retirement and other liabilities   1,624 1,805  total liabilities   18,698 19,318 Commitments and contingencies (note 15)  stockholders’ equity:  preferred stock, $.01 par value. Authorized 1,000,000 shares; zero shares issued or outstanding  —  — Common stock, $.01 par value. Authorized 20,000,000 shares; issued and outstanding 7,068,815 shares in 2014 and 6,900,683 in 2013   71 69  Additional paid-in capital   22,132 20,291 Retained earnings   72,789 65,230 total stockholders’ equity   94,992 85,590 total liabilities and stockholders’ equity  $ 113,690 $ 104,908  LiabiLitieS and StockHoLderS’ equitY 