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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 8,574 $ 9,400
Accounts receivable, net of allowance for doubtful accounts of $913 and $542, respectively 34,235 35,501
Inventory, net 41,565 40,101
Prepaid expenses and other 7,082 6,123
Current deferred tax assets 5,185 3,971
Total current assets 96,641 95,096
PROPERTY, PLANT AND EQUIPMENT 107,865 109,733
Less - accumulated depreciation (47,484) (45,898)
Property, plant and equipment, net 60,381 63,835
GOODWILL, net 29,757 32,762
PURCHASED INTANGIBLE ASSETS, net 21,994 26,734
DEFERRED TAX ASSETS 0 587
OTHER ASSETS, net 1,154 315
TOTAL ASSETS 209,927 219,329
CURRENT LIABILITIES:    
Accounts payable 10,337 14,076
Accrued expenses 4,219 5,638
Dividend payable 568 559
Accrued income taxes 3,915 3,770
Accrued employee compensation and benefits 3,373 4,582
Customer advances 1,993 3,510
Current portion of capital lease obligations 4 0
Current deferred tax liabilities 395 373
Total current liabilities 24,804 32,508
LINES OF CREDIT 35,962 22,782
DEFERRED TAX LIABILITIES 8,894 7,003
OTHER LONG-TERM LIABILITIES 2,005 2,121
Total liabilities $ 71,665 $ 64,414
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares $ 0 $ 0
Common stock, $0.05 par value; 25,000,000 shares authorized; 14,193,682 and 13,997,076 shares issued and outstanding, respectively 710 700
Additional paid-in capital 69,731 67,088
Retained earnings 104,093 113,723
Other cumulative comprehensive loss (36,272) (26,596)
Total stockholders’ equity 138,262 154,915
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 209,927 $ 219,329