CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents	$ 59,959	$ 51,146
Accounts receivable, net of allowance of $500 and $282, respectively	57,188	51,494
Inventories	59,566	62,943
Income taxes receivable	2,510	5,906
Deferred tax assets		5,971
Prepaid expenses and other current assets	5,989	5,081
Assets of discontinued operations	0	631
Total current assets	185,212	183,172
Property, plant and equipment, net	40,550	40,088
Deferred tax assets	7,885	2,912
Other assets	12,673	12,134
Intangible assets, net	66,269	67,242
Goodwill	103,456	90,746
Total assets	416,045	396,294
Current Liabilities
Current portion of long-term debt	7,385	7,345
Accounts payable	24,401	25,592
Income taxes payable	3,985	1,189
Deferred tax liabilities		208
Accrued expenses and other current liabilities	21,182	19,401
Liabilities of discontinued operations	0	324
Total current liabilities	56,953	54,059
Long-term debt	88,426	105,030
Deferred tax liabilities	449	35
Income taxes payable	6,071	7,097
Other liabilities	19,445	18,819
Total liabilities	$ 171,344	$ 185,040
Commitments and Contingencies (Note 15)
Stockholders’ Equity:
Common shares, no par value; Authorized shares: unlimited; Issued and outstanding: 34,345 and 34,219, respectively	$ 423,856	$ 423,856
Additional paid-in capital	29,225	28,590
Accumulated deficit	(189,550)	(225,165)
Accumulated other comprehensive loss	(18,830)	(16,456)
Total GSI Group Inc. stockholders’ equity	244,701	210,825
Noncontrolling interest		429
Total stockholders’ equity	244,701	211,254
Total liabilities and stockholders’ equity	$ 416,045	$ 396,294