XML 39 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 55,908 $ 59,977
Restricted cash 6,609 7,051
Accounts receivable - trade, net of allowance of $65 and $30, respectively 25,783 34,655
Inventories 87,109 85,028
Prepaid income tax 375 224
Prepaid expenses and other current assets 6,904 5,869
Total current assets 182,688 192,804
Property, plant and equipment, net 243,717 248,444
Land use rights, net 5,481 5,598
Operating right of use asset 7,645 7,768
Financing right of use asset 111 119
Intangible assets, net 4,051 4,081
Deferred income tax assets 9,078 7,287
Other assets, net 765 724
TOTAL ASSETS 453,536 466,825
Current liabilities    
Current portion of notes payable and long-term debt 38,096 33,371
Accounts payable 36,236 32,828
Bank acceptance payable 9,550 6,310
Current lease liability - operating 938 965
Current lease liability - financing 17 17
Accrued liabilities 10,677 17,864
Total current liabilities 95,514 91,355
Notes payable and long-term debt, less current portion 15,315 16,552
Convertible senior notes 77,235 77,041
Non-current lease liability - operating 7,878 7,983
Non-current lease liability - financing 95 100
TOTAL LIABILITIES 196,037 193,031
Stockholders' equity:    
Preferred Stock; 5,000 shares authorized at $0.001 par value; no shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 0 0
Common Stock; 45,000 shares authorized at $0.001 par value; 20,249 and 24,140 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 20 20
Additional paid-in capital 306,305 303,401
Accumulated other comprehensive (loss) and income (1,972) 430
Accumulated deficit (46,854) (30,057)
TOTAL STOCKHOLDERS' EQUITY 257,499 273,794
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 453,536 $ 466,825