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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 14,881 $ 13,375
Accounts receivable, net of allowance for doubtful accounts of $428 and $513, respectively 76,800 59,709
Inventories 59,980 51,074
Prepaid expenses and other 6,650 8,058
Total current assets 158,311 132,216
Property, plant and equipment 169,178 160,725
Less - accumulated depreciation (63,946) (65,585)
Property, plant and equipment, net 105,232 95,140
Purchased intangible assets, net 7,375 8,589
Deferred tax assets 3,656 4,001
Other assets 10,610 472
Total assets 285,184 240,418
Current liabilities:    
Accounts payable 36,179 24,243
Accrued expenses 10,048 8,967
Accrued anti-dumping penalties 0 8,000
Dividend payable 299 295
Accrued income taxes 9,419 9,545
Accrued employee compensation and benefits 7,170 9,250
Contract liabilities 2,076 1,140
Current portion of long-term debt 3,125 3,125
Other current liabilities 2,016 0
Total current liabilities 70,332 64,565
Long-term debt 32,744 38,230
Deferred tax liabilities 458 379
Other long-term liabilities 18,149 2,958
Total liabilities 121,683 106,132
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; 14,647,091 and 14,905,776 shares outstanding, respectively 756 749
Additional paid-in capital 82,853 80,077
Retained earnings 121,107 89,291
Other cumulative comprehensive loss (33,895) (35,014)
Treasury stock, at cost, and company stock held for deferred compensation, at par; 460,823 and 82,186 shares, respectively (7,320) (817)
Total stockholders’ equity 163,501 134,286
Total liabilities and stockholders’ equity $ 285,184 $ 240,418