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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 8,983 $ 6,419
Accounts receivable, net of allowance for doubtful accounts of $1,088 and $1,146, respectively 49,468 32,959
Inventory, net 35,742 28,833
Prepaid expenses and other 5,763 5,148
Total current assets 99,956 73,359
PROPERTY, PLANT AND EQUIPMENT 121,339 109,427
Less - accumulated depreciation (61,467) (52,294)
Property, plant and equipment, net 59,872 57,133
GOODWILL, net 0 16,097
PURCHASED INTANGIBLE ASSETS, net 12,861 15,827
DEFERRED TAX ASSETS 98 0
OTHER ASSETS, net 296 139
TOTAL ASSETS 173,083 162,555
CURRENT LIABILITIES:    
Accounts payable 19,826 13,260
Accrued expenses 6,884 4,173
Accrued anti-dumping duties 3,609 6,550
Dividend payable 295 290
Accrued income taxes 2,939 548
Accrued employee compensation and benefits 6,186 3,307
Customer advances 5,888 2,619
Total current liabilities 45,627 30,747
LINES OF CREDIT 17,984 15,732
DEFERRED TAX LIABILITIES 573 1,448
OTHER LONG-TERM LIABILITIES 3,119 2,219
Total liabilities 67,303 50,146
COMMITMENTS AND CONTINGENT LIABILITIES 0 0
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; 14,782,018 and 14,496,359 shares outstanding, respectively 741 725
Additional paid-in capital 76,146 73,116
Retained earnings 60,074 80,107
Other cumulative comprehensive loss (30,819) (41,514)
Treasury stock, at cost; 39,783 and 2,378 shares, respectively (362) (25)
Total stockholders’ equity 105,780 112,409
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 173,083 $ 162,555