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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 15,376 $ 30,810
Accounts receivable, net of allowance for doubtful accounts of $2,752 and $2,773, respectively 79,782 71,932
Inventories 143,304 124,214
Prepaid expenses and other 17,354 12,240
Total current assets 255,816 239,196
Property, plant and equipment 192,161 191,022
Less - accumulated depreciation (71,682) (68,944)
Property, plant and equipment, net 120,479 122,078
Goodwill 140,234 141,266
Purchased intangible assets, net 242,568 255,576
Deferred tax assets 8,379 6,930
Other assets 96,448 99,366
Total assets 863,924 864,412
Current liabilities:    
Accounts payable 48,114 40,276
Accrued expenses 14,793 13,585
Accrued income taxes 834 9
Accrued employee compensation and benefits 9,208 9,766
Contract liabilities 26,952 21,052
Current portion of long-term debt 15,000 15,000
Other current liabilities 6,287 6,126
Total current liabilities 121,188 105,814
Long-term debt 128,710 132,425
Deferred tax liabilities 937 2,202
Other long-term liabilities 64,398 66,250
Total liabilities 315,233 306,691
Commitments and contingencies (Note 12)
Redeemable noncontrolling interest 197,196 197,196
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; 20,084,272 and 19,920,829 shares issued, respectively 1,004 996
Additional paid-in capital 296,774 294,515
Retained earnings 102,026 111,031
Other cumulative comprehensive loss (27,742) (26,538)
Treasury stock, at cost, and company stock held for deferred compensation, at par; 587,188 and 570,415 shares, respectively (20,567) (19,479)
Total stockholders’ equity 351,495 360,525
Total liabilities, redeemable noncontrolling interest, and stockholders’ equity $ 863,924 $ 864,412