XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 51,503 $ 81,092
Accounts receivable, less reserves of $1,592 and $1,243, respectively 151,687 139,076
Inventories, net 100,751 79,278
Prepaid expenses and other current assets 32,148 20,731
Total current assets 336,089 320,177
Long-term assets:    
Property, plant and equipment, net 116,954 112,213
Intangible assets, net 58,890 62,032
Goodwill 36,377 36,717
Operating lease right of use asset 18,970  
Investments and other long-term assets, net 28,767 28,380
Total long-term assets 259,958 239,342
Total assets 596,047 559,519
Current liabilities:    
Current portion of debt 869 1,533
Accounts payable 100,659 87,894
Accrued expenses and other current liabilities 61,987 57,880
Total current liabilities 163,515 147,307
Long-term liabilities:    
Revolving credit facility 103,500 96,000
Long-term debt, net 732 983
Deferred income taxes 15,042 14,895
Operating lease long-term liability 14,565
Other long-term liabilities 17,194 17,068
Total long-term liabilities 151,033 128,946
Shareholders' equity:    
Preferred Shares, without par value, 5,000 shares authorized, none issued
Common Shares, without par value, 60,000 shares authorized, 28,966 and 28,966 shares issued and 27,367 and 28,488 shares outstanding at June 30, 2019 and December 31, 2018, respectively, with no stated value
Additional paid-in capital 223,831 231,647
Common Shares held in treasury, 1,599 and 478 shares at June 30, 2019 and December 31, 2018, respectively, at cost (50,689) (8,880)
Retained earnings 195,672 146,251
Accumulated other comprehensive loss (87,315) (85,752)
Total Stoneridge, Inc. shareholders' equity 281,499 283,266
Total liabilities and shareholders' equity $ 596,047 $ 559,519