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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 14,874 $ 13,375
Accounts receivable, net of allowance for doubtful accounts of $574 and $513, respectively 73,252 59,709
Inventories 50,851 51,074
Prepaid expenses and other 7,015 8,058
Total current assets 145,992 132,216
Property, Plant and Equipment 166,487 160,725
Less - accumulated depreciation (66,576) (65,585)
Property, plant and equipment, net 99,911 95,140
Purchased intangible assets, net 7,882 8,589
Deferred tax assets 3,843 4,001
Other assets 8,478 472
Total Assets 266,106 240,418
Current liabilities:    
Accounts payable 29,747 24,243
Accrued expenses 9,873 8,967
Accrued anti-dumping penalties 8,000 8,000
Dividend payable 299 295
Accrued income taxes 5,367 9,545
Accrued employee compensation and benefits 5,900 9,250
Contract liabilities 2,490 1,140
Current portion of long-term debt 3,125 3,125
Other current liabilities 2,122 0
Total current liabilities 66,923 64,565
Long-term debt 40,239 38,230
Deferred tax liabilities 880 379
Other long-term liabilities 9,153 2,958
Total liabilities 117,195 106,132
Commitments and contingencies (Note 11)
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; 14,985,696 and 14,905,776 shares outstanding, respectively 755 749
Additional paid-in capital 81,122 80,077
Retained earnings 104,162 89,291
Other cumulative comprehensive loss (35,433) (35,014)
Treasury stock, at cost; 103,384 and 82,186 shares, respectively (1,695) (817)
Total stockholders’ equity 148,911 134,286
Total liabilities and stockholders’ equity $ 266,106 $ 240,418