XML 34 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 6,413 $ 6,332
Trade accounts receivable, less allowance for doubtful accounts of $173 in 2015 and $181 in 2014 8,710 9,877
Other receivables 631 148
Inventories 8,390 8,705
Prepaid income taxes 435 771
Prepaid expenses, other 844 902
Deferred income taxes 919 766
Total current assets 26,342 27,501
Property, plant and equipment, net of accumulated depreciation of $8,225 in 2015 and $7,874 in 2014 6,028 5,562
Goodwill 7,626 8,147
Intangible assets, net 9,456 10,831
Other assets $ 90 194
Deferred income taxes 274
TOTAL ASSETS $ 49,542 52,509
Current liabilities:    
Current maturities of notes payable $ 64 983
Revolving lines of credit 3,300
Accounts payable $ 3,417 4,402
Accrued compensation and related expenses 2,953 4,120
Other accrued expenses 1,683 731
Accrued product warranties 262 285
Dividends payable 633 631
Deferred revenue 1,025 997
Total current liabilities 10,037 $ 15,449
Revolving lines of credit 3,493
Notes payable 111 $ 307
Obligations to former employees 36 67
Deferred income taxes 1,730 1,856
Accrued income taxes 338 357
Total noncurrent liabilities 5,708 2,587
Total liabilities $ 15,745 $ 18,036
Shareholders' equity:    
Capital stock – undesignated. Authorized 3,000,000 shares; none issued and outstanding in 2015 and 2014
Common stock – $0.10 par value. Authorized 22,000,000 shares; issued and outstanding 5,753,874 shares in 2015 and 5,732,505 shares in 2014 $ 575 $ 573
Additional paid-in capital 7,072 6,427
Retained earnings 31,072 30,265
Accumulated other comprehensive (loss) (4,922) (2,792)
Total shareholders' equity 33,797 34,473
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 49,542 $ 52,509