Cash and Cash Equivalents and Restricted Cash

12 Months Ended

Dec. 31, 2016

Cash and Cash Equivalents [Abstract]

Cash and Cash Equivalents and Restricted Cash

Cash and Cash Equivalents and Restricted Cash

Cash and Cash Equivalents

Cash and cash equivalents were held in the following geographic regions:

	December 31,
(In thousands)	2016		2015
United States	$	3,277	$	8,458
People's Republic of China ("PRC")	22,142		28,681
Asia (excluding the PRC)	5,260		5,346
Europe	19,630		8,093
South America	302		2,388
Total cash and cash equivalents	$	50,611	$	52,966

Restricted Cash

In connection with the court order issued on September 4, 2015, we placed $4.6 million of cash into a collateralized surety bond. This bond has certain restrictions for liquidation and has therefore been classified as restricted cash. Refer to Note 13 for further information about this ongoing litigation.

In connection with the pending sale of our Guangzhou factory in the PRC (Note 13), the buyer made a cash deposit of RMB 32 million ($4.6 million based on December 31, 2016 exchange rates) into an escrow account on September 29, 2016. Under the terms of the escrow account, these funds will not be released to us until the close of the sale. Accordingly, this deposit is presented as long-term restricted cash within our consolidated balance sheet.