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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 5,593 $ 10,640
Marketable securities 6,701 6,493
Accounts receivable, less allowance for doubtful accounts of $514 at September 30, 2017 and $547 at December 31, 2016 11,932 10,895
Inventories 16,634 11,531
Other current assets 1,739 1,535
Total current assets 42,599 41,094
Marketable securities, long-term 8,949 8,728
Equipment and leasehold improvements, net 2,303 2,438
Intangible assets, net 413 438
Goodwill 1,366 1,366
Other assets 202 193
Deferred tax assets 5,484 5,323
Total assets 61,316 59,580
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 7,083 6,217
Advance customer payments 325 328
Accrued expenses 2,014 3,756
Total current liabilities 9,422 10,301
Other liabilities 109 250
Reserve for income taxes 131 131
Total liabilities 9,662 10,682
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, no par value, 5,000,000 shares authorized, none outstanding 0 0
Common stock, no par value, 25,000,000 shares authorized, 6,972,515 shares issued and outstanding at September 30, 2017 and 6,901,887 shares issued and outstanding at December 31, 2016 34,052 32,801
Accumulated other comprehensive loss (1,506) (1,940)
Retained earnings 19,108 18,037
Total stockholders’ equity 51,654 48,898
Total liabilities and stockholders’ equity $ 61,316 $ 59,580