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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 59,433 $ 62,438
Restricted cash 0 4,901
Accounts receivable, net 143,662 151,578
Contract assets 28,253 0
Inventories, net 147,186 162,589
Prepaid expenses and other current assets 14,312 11,687
Assets held for sale 0 12,517
Income tax receivable 2,509 1,587
Total current assets 395,355 407,297
Property, plant, and equipment, net 107,039 110,962
Goodwill 48,522 48,651
Intangible assets, net 26,708 29,041
Deferred income taxes 7,152 7,913
Other assets 4,326 4,566
Total assets 589,102 608,430
Current liabilities:    
Accounts payable 116,590 119,165
Line of credit 111,000 138,000
Accrued compensation 32,964 34,499
Accrued sales discounts, rebates and royalties 7,987 8,882
Accrued income taxes 6,665 3,670
Other accrued liabilities 21,050 28,719
Total current liabilities 296,256 332,935
Long-term liabilities:    
Long-term contingent consideration 9,730 13,400
Deferred income taxes 1,530 4,423
Income tax payable 2,520 2,520
Other long-term liabilities 1,581 1,603
Total liabilities 311,617 354,881
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; 23,861,547 and 23,760,434 shares issued on June 30, 2018 and December 31, 2017, respectively 239 238
Paid-in capital 271,500 265,195
Treasury stock, at cost, 9,927,853 and 9,702,874 shares on June 30, 2018 and December 31, 2017, respectively (269,179) (262,065)
Accumulated other comprehensive income (loss) (18,011) (16,599)
Retained earnings 292,936 266,780
Total stockholders' equity 277,485 253,549
Total liabilities and stockholders' equity $ 589,102 $ 608,430