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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 197,494 $ 169,508
Accounts receivable, net 20,943 24,990
Inventories 22,470 26,045
Prepaid expenses and other current assets 4,038 4,851
Total current assets 244,945 225,394
Property, plant and equipment, net 49,880 50,858
Goodwill 83,837 83,834
Intangible assets, net 25,270 27,639
Other non-current assets 565 525
Total assets 404,497 388,250
Current liabilities:    
Accounts payable 10,433 16,047
Accrued payroll and related expenses 7,259 9,642
Current portion of lease obligation 106 98
Current portion of contingent consideration 2,365 2,826
Other current liabilities 8,967 4,999
Total current liabilities 29,130 33,612
Long-term debt 145,705 144,340
Lease obligation, net of current portion 3,950 3,979
Contingent consideration—non-current 2,324 2,349
Deferred tax liability—non-current 59 58
Income taxes payable 1,045 1,045
Deferred rent 1,879 1,965
Other non-current liabilities 287 272
Commitments and contingencies (see Note 9)
Stockholders’ equity:    
Preferred stock, $.001 par value per share; 5,000 shares authorized; none issued or outstanding at March 31, 2017 and December 31, 2016 0 0
Common stock, $.001 par value per share; 97,500 shares authorized; 33,188 and 32,897 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 33 33
Additional paid-in capital 210,094 204,905
Accumulated other comprehensive loss (44) (53)
Retained earnings (accumulated deficit) 10,035 (4,255)
Total stockholders’ equity 220,118 200,630
Total liabilities and stockholders’ equity $ 404,497 $ 388,250