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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 6,944 $ 10,640
Marketable securities 6,670 6,493
Accounts receivable, less allowance for doubtful accounts of $473 at December 31, 2017 and $547 at December 31, 2016 10,772 10,895
Inventories 14,393 11,531
Other current assets 1,593 1,535
Total current assets 40,372 41,094
Marketable securities, long-term 9,073 8,728
Equipment and leasehold improvements, net 2,307 2,438
Intangibles, net 380 438
Goodwill 1,366 1,366
Other assets 261 193
Deferred tax assets 5,742 5,323
Total assets 59,501 59,580
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 4,294 6,217
Advance customer payments 393 328
Accrued expenses 2,285 3,756
Total current liabilities 6,972 10,301
Other liabilities 88 250
Reserve for income taxes 159 131
Total liabilities 7,219 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, 6,979,686 shares issued and outstanding at December 31, 2017 and 6,901,887 shares issued and outstanding at December 31, 2016 34,080 32,801
Accumulated other comprehensive loss (1,409) (1,940)
Retained earnings 19,611 18,037
Total stockholders’ equity 52,282 48,898
Total liabilities and stockholders’ equity $ 59,501 $ 59,580