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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 9,664 $ 9,248
Marketable securities 8,245 5,771
Accounts receivable, less allowances of $300 at June 30, 2019 and $314 at December 31, 2018 15,553 15,859
Inventories 17,563 16,163
Other current assets 1,437 2,096
Total current assets 52,462 49,137
Marketable securities, long-term 7,893 10,322
Equipment and leasehold improvements, net 3,778 2,861
Intangible assets, net 310 333
Goodwill 1,366 1,366
Right-to use assets (operating leases) 2,105 0
Other assets 252 259
Deferred tax assets 5,189 5,422
Total assets 73,355 69,700
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 7,670 8,513
Advance customer payments 818 636
Accrued expenses 2,877 3,568
Current operating lease liabilities 410 0
Total current liabilities 11,775 12,717
Other liabilities 113 629
Long-term operating lease liabilities 3,397 0
Reserve for income taxes 143 143
Total liabilities 15,428 13,489
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, 7,114,675 shares issued and outstanding at June 30, 2019 and 7,100,825 shares issued and outstanding at December 31, 2018 36,189 35,637
Accumulated other comprehensive loss (1,518) (1,690)
Retained earnings 23,256 22,264
Total stockholders’ equity 57,927 56,211
Total liabilities and stockholders’ equity $ 73,355 $ 69,700