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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 3,532 $ 2,150
Accounts receivable, net of allowance for doubtful accounts of $838 and $868 at June 30, 2018 and December 31, 2017, respectively 64,439 74,064
Contract assets 81,663 0
Inventories 95,244 122,161
Production cost of contracts 10,719 11,204
Other current assets 12,638 11,435
Total Current Assets 268,235 221,014
Property and equipment, net of accumulated depreciation of $155,069 and $143,216 at June 30, 2018 and December 31, 2017, respectively 106,636 110,252
Goodwill 136,051 117,435
Intangibles, net 117,485 114,693
Non-current deferred income taxes 130 261
Other assets 3,356 3,098
Total Assets 631,893 566,753
Current Liabilities    
Accounts payable 71,660 51,907
Contract liabilities 15,164 0
Accrued liabilities 25,813 28,329
Total Current Liabilities 112,637 80,236
Long-term debt 231,159 216,055
Non-current deferred income taxes 19,947 15,981
Other long-term liabilities 18,149 18,898
Total Liabilities 381,892 331,170
Commitments and contingencies (Notes 11, 13)
Shareholders’ Equity    
Common stock - $0.01 par value; 35,000,000 shares authorized; 11,401,525 and 11,332,841 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 114 113
Additional paid-in capital 81,331 80,223
Retained earnings 175,243 161,364
Accumulated other comprehensive loss (6,687) (6,117)
Total Shareholders’ Equity 250,001 235,583
Total Liabilities and Shareholders’ Equity $ 631,893 $ 566,753