XML 47 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 59,977 $ 55,646
Restricted cash 7,051 2,358
Accounts receivable - trade, net of allowance of $30 and $32, respectively 34,655 30,534
Inventories 85,028 93,256
Prepaid income tax 224 1,188
Prepaid expenses and other current assets 5,869 11,293
Total current assets 192,804 194,275
Property, plant and equipment, net 248,444 234,211
Land use rights, net 5,598 5,814
Operating right of use asset 7,768 0
Financing right of use asset 119 0
Intangible assets, net 4,081 3,977
Deferred income tax assets 7,287 21,714
Other assets, net 724 6,849
TOTAL ASSETS 466,825 466,840
Current liabilities    
Current portion of notes payable and long-term debt 33,371 23,589
Accounts payable 32,828 29,910
Bank acceptance payable 6,310 4,628
Current lease liability - operating 965 0
Current lease liability - financing 17 0
Accrued liabilities 17,864 19,291
Total current liabilities 91,355 77,418
Notes payable and long-term debt, less current portion 16,552 60,328
Net carrying amount 77,041 0
Non-current lease liability - operating 7,983 0
Non-current lease liability - financing 100 0
TOTAL LIABILITIES 193,031 137,746
Stockholders' equity:    
Preferred Stock; 5,000 shares authorized at $0.001 par value; no shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 0 0
Common Stock; 45,000 shares authorized at $0.001 par value; 20,140 and 19,810 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 20 20
Additional paid-in capital 303,401 292,480
Accumulated other comprehensive income 430 602
Retained earnings (Accumulated deficit) (30,057) 35,992
TOTAL STOCKHOLDERS' EQUITY 273,794 329,094
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 466,825 $ 466,840