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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 9,623 $ 6,191
Short term investments 23,873 9,317
Receivables 17,560 18,385
Inventories 38,504 30,530
Prepaid income taxes 0 1,149
Deferred income taxes 1,642 1,192
Other current assets 10,084 10,118
Total current assets 101,286 76,882
FIXED ASSETS, net 32,643 30,849
INTANGIBLE ASSETS, net 14,084 15,084
DEFERRED INCOME TAXES 5,298 6,107
OTHER ASSETS 929 971
Total assets 154,240 129,893
CURRENT LIABILITIES:    
Accounts payable 33,106 38,381
Accrued payroll and related benefits 10,351 7,556
Income taxes payable 228 0
Deferred revenue 7,482 5,618
Other accrued expenses and current liabilities 6,672 6,126
Total current liabilities 57,839 57,681
NON-CURRENT LIABILITIES 1,877 2,284
Total liabilities 59,716 59,965
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 – 30,203 at December 31, 2016 and 29,621 at December 31, 2015) 30 29
Additional paid-in capital 54,057 41,392
Treasury stock, at cost, 517 shares at December 31, 2016 and 389 shares at December 31, 2015 (8,329) (5,672)
Retained earnings 48,799 34,191
Accumulated other comprehensive loss (33) (12)
Total stockholders’ equity 94,524 69,928
Total liabilities and stockholders’ equity $ 154,240 $ 129,893