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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 11,098 $ 8,983
Accounts receivable, net of allowance for doubtful accounts of $490 and $1,088, respectively 65,618 49,468
Inventories 56,496 35,742
Prepaid expenses and other 6,664 5,763
Total current assets 139,876 99,956
PROPERTY, PLANT AND EQUIPMENT 144,697 121,339
Less - accumulated depreciation (64,915) (61,467)
Property, plant and equipment, net 79,782 59,872
PURCHASED INTANGIBLE ASSETS, net 9,515 12,861
DEFERRED TAX ASSETS 0 98
OTHER ASSETS 346 296
TOTAL ASSETS 229,519 173,083
CURRENT LIABILITIES:    
Accounts payable 25,068 19,826
Accrued expenses 10,431 6,884
Accrued anti-dumping duties and penalties 8,000 3,609
Dividend payable 298 295
Accrued income taxes 9,299 2,939
Accrued employee compensation and benefits 7,720 6,186
Contract liabilities 4,310 5,888
Total current liabilities 65,126 45,627
LINES OF CREDIT 41,454 17,984
DEFERRED TAX LIABILITIES 849 573
OTHER LONG-TERM LIABILITIES 2,700 3,119
Total liabilities 110,129 67,303
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; 14,896,043 and 14,782,018 shares outstanding, respectively 749 741
Additional paid-in capital 78,944 76,146
Retained earnings 74,318 60,074
Other cumulative comprehensive loss (33,806) (30,819)
Treasury stock, at cost; 82,136 and 39,783 shares, respectively (815) (362)
Total stockholders’ equity 119,390 105,780
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 229,519 $ 173,083