Note 5 - Cash, Cash Equivalents and Restricted Cash

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Cash and Cash Equivalents Disclosure [Text Block]

Note 5.  Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the statement of financial position that sum to the total of the same such amounts in the statement of cash flows (in thousands):

	September 30,		December 31,
	2020		2019
Cash and cash equivalents	$	46,772	$	59,977
Restricted cash		11,296		7,051
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	58,068	$	67,028

Restricted cash includes guarantee deposits for customs duties, China government subsidy fund, and compensating balances required for certain credit facilities. As of September 30, 2020 and December 31, 2019, there was $4.1 million and $1.9 million of restricted cash required for bank acceptance notes issued to vendors, respectively. In addition, there was $5.9 million and $4.2 million certificate of deposit associated with credit facilities with a bank in China as of September 30, 2020 and December 31, 2019 respectively.