Cash and Cash Equivalents and Restricted Cash

3 Months Ended

Mar. 31, 2018

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:

(In thousands)	March 31, 2018		December 31, 2017
United States	$	2,455	$	10,489
People's Republic of China ("PRC")	17,120		23,283
Asia (excluding the PRC)	1,386		1,405
Europe	11,861		18,071
South America	7,407		9,190
Total cash and cash equivalents	$	40,229	$	62,438

Restricted Cash

In connection with the pending sale of our Guangzhou factory in the PRC (Note 10), the buyer made a cash deposit of RMB 32 million ($5.1 million based on March 31, 2018 exchange rates) into an escrow account on September 29, 2016. Under the terms of the escrow account, these funds were not to be paid to us until the close of the sale. Accordingly, this deposit is presented as restricted cash within our consolidated balance sheet.