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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 28,724 $ 44,593
Accounts receivable, net 88,713 91,048
Inventories, net 89,579 84,381
Prepaid expenses and other current assets 3,955 3,661
Income tax receivable 125 270
Deferred income taxes 5,196 5,210
Total current assets 216,292 229,163
Property, plant, and equipment, net 77,472 77,706
Goodwill 30,807 30,890
Intangible assets, net 28,975 [1] 29,835 [1]
Other assets 5,317 5,361
Deferred income taxes 7,202 6,369
Total assets 366,065 379,324
Current liabilities:    
Accounts payable 50,295 59,831
Line of credit 0 0
Accrued compensation 31,680 33,398
Accrued sales discounts, rebates and royalties 5,691 8,093
Accrued income taxes 2,779 3,668
Deferred income taxes 38 41
Other accrued expenses 9,564 10,644
Total current liabilities 100,047 115,675
Long-term liabilities:    
Deferred income taxes 10,549 10,687
Income tax payable 525 525
Other long-term liabilities 1,921 1,787
Total liabilities 113,042 128,674
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; 21,573,699 and 21,491,398 shares issued on March 31, 2013 and December 31, 2012, respectively 216 215
Paid-in capital 182,611 180,607
Accumulated other comprehensive income (loss) (74) 1,052
Retained earnings 173,515 170,569
Stockholders' equity before treasury stock 356,268 352,443
Less cost of common stock in treasury, 6,589,901 and 6,516,382 shares on March 31, 2013 and December 31, 2012, respectively (103,245) (101,793)
Total stockholders' equity 253,023 250,650
Total liabilities and stockholders' equity $ 366,065 $ 379,324
[1] This table excludes the gross value of fully amortized intangible assets totaling $9.1 million and $9.1 million on March 31, 2013 and December 31, 2012, respectively.