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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 50,122 $ 25,359
Trade and other accounts receivable, net of allowance for doubtful accounts of $36 and $26 as of December 31, 2017 and 2016, respectively 31,643 20,441
Inventories 32,228 32,248
Prepaid expenses and other current assets 2,983 4,407
Total current assets 116,976 82,455
Property and equipment, net 28,044 26,120
Intangible assets, net 11,715 0
Goodwill 36,061 22,799
Pension asset 11,712 8,887
Other non-current assets 871 613
Total assets 205,379 140,874
Current liabilities:    
Accounts payable and accrued liabilities 32,758 19,181
Accrued employee compensation 9,070 6,152
Deferred revenue and customer deposits 6,669 3,967
Short-term borrowings and current portion of long-term debt 33 40
Total current liabilities 48,530 29,340
Deferred tax liability, long-term 8,762 8,580
Long-term debt, excluding current portion 35,124 43
Defined benefit plan liability 3,942 0
Other long-term liabilities 2,920 2,089
Total liabilities 99,278 40,052
Commitments and contingencies (Note 13 and Note 15)
Stockholders’ equity:    
Common stock, $0.10 par value per share, 80,000,000 shares authorized at December 31, 2017 and 2016; 37,199,519 and 32,135,029 shares issued and outstanding at December, 2017 and 2016, respectively 3,717 3,210
Additional paid-in capital 337,541 296,316
Accumulated deficit (247,233) (204,104)
Accumulated other comprehensive income 12,076 5,400
Total stockholders’ equity 106,101 100,822
Total liabilities and stockholders’ equity $ 205,379 $ 140,874