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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 7,868 $ 1,947
Trade accounts receivable, net 42,720 34,006
Inventories 51,081 45,148
Prepaid expenses and other current assets 2,595 2,729
Deferred income taxes 4,085 3,846
Total current assets 108,349 87,676
Property, plant and equipment, net 27,340 21,346
Goodwill 49,102 49,102
Intangible assets, net 17,642 20,827
Other assets 2,173 898
Total assets 204,606 179,849
Current liabilities:    
Accounts payable 13,224 7,898
Accrued expenses 10,875 11,246
Short-term deferred gain on sale of real estate 233 233
Current installments of long-term debt and capital lease obligations 29 181
Total current liabilities 24,361 19,558
Long-term deferred gain on sale of real estate 2,840 3,073
Long-term debt and capital lease obligations, less current installments 0 28
Long-term deferred revenue 701 0
Deferred income taxes 8,919 7,427
Total long-term liabilities 12,460 10,528
Shareholders' equity:    
Common stock, $0.02 par value per share; authorized 28,000,000 shares; issued 12,123,992 and 12,075,030 shares at December 31, 2011 and December 31, 2010, respectively 242 242
Preferred stock, $0.02 par value per share; authorized 2,000,000 shares; none issued at either date 0 0
Additional paid-in capital 74,823 73,440
Treasury stock, at cost, 249,082 shares at December 31, 2011 and 301,772 shares at December 31, 2010 (1,182) (1,432)
Retained earnings 93,902 77,513
Total shareholders' equity 167,785 149,763
Total liabilities and shareholders' equity $ 204,606 $ 179,849