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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 40,229 $ 62,438
Restricted cash 5,080 4,901
Accounts receivable, net 160,055 151,578
Contract assets 22,269 0
Inventories, net 139,408 162,589
Prepaid expenses and other current assets 12,229 11,687
Assets held for sale 12,685 12,517
Income tax receivable 3,828 1,587
Total current assets 395,783 407,297
Property, plant, and equipment, net 117,004 110,962
Goodwill 48,620 48,651
Intangible assets, net 27,776 29,041
Deferred income taxes 7,119 7,913
Other assets 4,535 4,566
Total assets 600,837 608,430
Current liabilities:    
Accounts payable 105,470 119,165
Line of credit 141,000 138,000
Accrued compensation 33,323 34,499
Accrued sales discounts, rebates and royalties 7,581 8,882
Accrued income taxes 2,865 3,670
Other accrued liabilities 29,111 28,719
Total current liabilities 319,350 332,935
Long-term liabilities:    
Long-term contingent consideration 9,360 13,400
Deferred income taxes 4,485 4,423
Income tax payable 2,520 2,520
Other long-term liabilities 1,595 1,603
Total liabilities 337,310 354,881
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; 23,830,353 and 23,760,434 shares issued on March 31, 2018 and December 31, 2017, respectively 238 238
Paid-in capital 268,645 265,195
Treasury stock, at cost, 9,716,412 and 9,702,874 shares on March 31, 2018 and December 31, 2017, respectively (262,680) (262,065)
Accumulated other comprehensive income (loss) (12,953) (16,599)
Retained earnings 270,277 266,780
Total stockholders' equity 263,527 253,549
Total liabilities and stockholders' equity $ 600,837 $ 608,430