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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets    
Cash $ 655   
Accounts receivable, net 31,751 29,523
Inventories, net 44,551 33,393
Prepaid expenses and other current assets 1,023 1,291
Deferred income taxes 2,122 1,814
Total current assets 80,102 66,021
Property, plant & equipment, net 6,413 3,611
Other noncurrent assets 1,978 1,451
TOTAL ASSETS 88,493 71,083
Current liabilities    
Income taxes payable 729 564
Current maturities of long-term debt 23 23
Revolving line of credit   19,666
Accounts payable 28,867 27,574
Accrued liabilities 3,662 4,015
Total current liabilities 33,281 51,842
LONG-TERM OBLIGATIONS    
Revolving line of credit 29,713  
Deferred income taxes 490 490
Private placement warrants 2,562 3,270
Long-term debt, net of current maturities 20 41
Other noncurrent liabilities 649 116
TOTAL LIABILITIES 66,715 55,759
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY    
Series A convertible preferred stock - $0.001 par value. Authorized: 114,000 shares. Issued and outstanding: -0- shares at September 30, 2012 and December 31, 2011.      
Common stock - $0.001 par value. Authorized: 50,000,000 shares. Issued: 9,909,212 and 9,895,462 shares at September 30, 2012 and December 31, 2011, respectively. Outstanding: 9,078,287 and 9,064,537 at September 30, 2012 and December 31, 2011, respectively. 10 10
Additional paid-in-capital 10,651 10,154
Retained earnings 15,367 9,410
Treasury stock, at cost, 830,925 shares at September 30, 2012 and December 31, 2011. (4,250) (4,250)
TOTAL STOCKHOLDERS' EQUITY 21,778 15,324
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 88,493 $ 71,083