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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 6,848 $ 6,944
Marketable securities 6,170 6,670
Accounts receivable, less allowance for doubtful accounts of $490 at March 31, 2018 and $473 at December 31, 2017 12,112 10,772
Inventories 14,673 14,393
Other current assets 1,842 1,593
Total current assets 41,645 40,372
Marketable securities, long-term 9,908 9,073
Equipment and leasehold improvements, net 2,292 2,307
Intangible assets, net 352 380
Goodwill 1,366 1,366
Other assets 264 261
Deferred tax assets 5,961 5,742
Total assets 61,788 59,501
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 5,895 4,294
Advance customer payments 660 393
Accrued expenses 2,341 2,285
Total current liabilities 8,896 6,972
Other liabilities 211 88
Reserve for income taxes 160 159
Total liabilities 9,267 7,219
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, 7,005,936 shares issued and outstanding at March 31, 2018 and 6,979,686 shares issued and outstanding at December 31, 2017 34,521 34,080
Accumulated other comprehensive loss (1,264) (1,409)
Retained earnings 19,264 19,611
Total stockholders’ equity 52,521 52,282
Total liabilities and stockholders’ equity $ 61,788 $ 59,501