XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 5,056 $ 6,419
Accounts receivable, net of allowance for doubtful accounts of $1,166 and $1,146, respectively 33,637 32,959
Inventory, net 31,037 28,833
Prepaid expenses and other 6,280 5,148
Total current assets 76,010 73,359
PROPERTY, PLANT AND EQUIPMENT 112,294 109,427
Less - accumulated depreciation (54,606) (52,294)
Property, plant and equipment, net 57,688 57,133
GOODWILL, net 16,218 16,097
PURCHASED INTANGIBLE ASSETS, net 15,018 15,827
OTHER ASSETS, net 130 139
TOTAL ASSETS 165,064 162,555
CURRENT LIABILITIES:    
Accounts payable 13,484 13,260
Accrued expenses 4,132 4,173
Accrued anti-dumping duties 3,547 6,550
Dividend payable 295 290
Accrued income taxes 784 548
Accrued employee compensation and benefits 3,377 3,307
Customer advances 2,170 2,619
Total current liabilities 27,789 30,747
LINES OF CREDIT 21,925 15,732
DEFERRED TAX LIABILITIES 1,794 1,448
OTHER LONG-TERM LIABILITIES 2,309 2,219
Total liabilities 53,817 50,146
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; 14,724,555 and 14,496,359 shares outstanding, respectively 738 725
Additional paid-in capital 73,674 73,116
Retained earnings 76,792 80,107
Other cumulative comprehensive loss (39,696) (41,514)
Treasury stock, at cost; 32,464 and 2,378 shares, respectively (261) (25)
Total stockholders’ equity 111,247 112,409
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 165,064 $ 162,555