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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 56,077 $ 52,966
Restricted cash 4,623 4,623
Accounts receivable, net 110,992 121,801
Inventories, net 117,692 122,366
Prepaid expenses and other current assets 7,902 6,217
Income tax receivable 38 55
Deferred income taxes 7,210 7,296
Total current assets 304,534 315,324
Property, plant, and equipment, net 93,535 90,015
Goodwill 43,184 43,116
Intangible assets, net 31,935 32,926
Deferred income taxes 10,513 8,474
Other assets 5,335 5,365
Total assets 489,036 495,220
Current liabilities:    
Accounts payable 79,800 93,843
Line of credit 57,987 50,000
Accrued compensation 32,804 37,452
Accrued sales discounts, rebates and royalties 6,558 7,618
Accrued income taxes 2,401 4,745
Other accrued expenses 20,497 21,466
Total current liabilities 200,047 215,124
Long-term liabilities:    
Deferred income taxes 9,415 7,891
Income tax payable 629 629
Other long-term liabilities 1,891 1,917
Long-term contingent consideration 10,504 11,751
Total liabilities $ 222,486 $ 237,312
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding $ 0 $ 0
Common stock, $0.01 par value, 50,000,000 shares authorized; 23,286,653 and 23,176,277 shares issued on March 31, 2016 and December 31, 2015, respectively 233 232
Paid-in capital 234,523 228,269
Treasury stock, at cost, 8,857,702 and 8,824,768 shares on March 31, 2016 and December 31, 2015, respectively (212,057) (210,333)
Accumulated other comprehensive income (loss) (14,431) (15,799)
Retained earnings 257,961 255,240
Universal Electronics Inc. stockholders' equity 266,229 257,609
Noncontrolling interest 321 299
Total stockholders' equity 266,550 257,908
Total liabilities and stockholders' equity $ 489,036 $ 495,220