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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 38,158 $ 24,654
Short term investments 54,394 47,568
Receivables 19,125 17,871
Inventories 30,373 44,266
Prepaid income taxes 693 6,441
Prepaid expenses and other current assets 8,237 11,758
Total current assets 150,980 152,558
FIXED ASSETS, net 27,695 31,549
INTANGIBLE ASSETS, net 12,334 13,084
DEFERRED INCOME TAXES 3,177 3,202
OTHER ASSETS 1,199 1,150
Total assets 195,385 201,543
CURRENT LIABILITIES:    
Accounts payable 35,541 34,816
Accrued payroll and related benefits 2,306 15,229
Deferred revenue 9,287 7,991
Other accrued expenses and current liabilities 5,883 6,068
Total current liabilities 53,017 64,104
NON-CURRENT LIABILITIES 1,801 1,636
Total liabilities 54,818 65,740
COMMITMENTS AND CONTINGENCIES (Note 7)
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 – 30,977 at September 30, 2018 and 30,729 at December 31, 2017) 31 31
Additional paid-in capital 78,939 69,245
Treasury stock, at cost, 1,558 shares at September 30, 2018 and 679 shares at December 31, 2017 (44,579) (16,359)
Retained earnings 106,436 83,035
Accumulated other comprehensive loss (260) (149)
Total stockholders’ equity 140,567 135,803
Total liabilities and stockholders’ equity $ 195,385 $ 201,543