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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 49,445 $ 52,966
Restricted cash 4,623 4,623
Accounts receivable, net 132,125 121,801
Inventories, net 119,141 122,366
Prepaid expenses and other current assets 6,553 6,217
Income tax receivable 296 55
Deferred income taxes 7,248 7,296
Total current assets 319,431 315,324
Property, plant, and equipment, net 98,130 90,015
Goodwill 43,131 43,116
Intangible assets, net 30,800 32,926
Deferred income taxes 10,030 8,474
Other assets 5,170 5,365
Total assets 506,692 495,220
Current liabilities:    
Accounts payable 99,030 93,843
Line of credit 42,987 50,000
Accrued compensation 33,881 37,452
Accrued sales discounts, rebates and royalties 8,271 7,618
Accrued income taxes 1,702 4,745
Other accrued expenses 22,937 21,466
Total current liabilities 208,808 215,124
Long-term liabilities:    
Long-term contingent consideration 11,000 11,751
Deferred income taxes 9,643 7,891
Income tax payable 629 629
Other long-term liabilities 1,847 1,917
Total liabilities 231,927 237,312
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; 23,331,278 and 23,176,277 shares issued on June 30, 2016 and December 31, 2015, respectively 233 232
Paid-in capital 239,375 228,269
Treasury stock, at cost, 8,861,097 and 8,824,768 shares on June 30, 2016 and December 31, 2015, respectively (212,277) (210,333)
Accumulated other comprehensive income (loss) (17,117) (15,799)
Retained earnings 264,551 255,240
Universal Electronics Inc. stockholders' equity 274,765 257,609
Noncontrolling interest 0 299
Total stockholders' equity 274,765 257,908
Total liabilities and stockholders' equity $ 506,692 $ 495,220