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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 6,191 $ 12,620
Short term investments 9,317 16,627
Receivables 18,385 12,206
Inventories 30,530 26,899
Prepaid income taxes 1,149 0
Deferred income taxes 1,192 1,051
Other current assets 10,118 7,095
Total current assets 76,882 76,498
FIXED ASSETS, net 30,849 26,851
INTANGIBLE ASSETS 15,084 84
DEFERRED INCOME TAXES 6,107 5,461
OTHER ASSETS 971 998
Total assets 129,893 109,892
CURRENT LIABILITIES:    
Accounts payable 38,381 34,261
Accrued payroll and related benefits 7,556 6,550
Income taxes payable 0 301
Deferred revenue 5,618 4,424
Other accrued expenses and current liabilities 6,126 6,131
Total current liabilities 57,681 51,667
NON-CURRENT LIABILITIES 2,284 2,710
Total liabilities $ 59,965 $ 54,377
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $.001 par value (5,000 shares authorized, no shares issued and outstanding) $ 0 $ 0
Common stock, $.001 par value (100,000 shares authorized; shares issued – 29,621 at December 31, 2015 and 28,990 at December 31, 2014) 29 29
Additional paid-in capital 41,392 29,992
Treasury stock, at cost, 389 shares at December 31, 2015 and 249 shares at December 31, 2014 (5,672) (3,062)
Retained earnings 34,191 28,552
Accumulated other comprehensive (loss) income (12) 4
Total stockholders’ equity 69,928 55,515
Total liabilities and stockholders’ equity $ 129,893 $ 109,892