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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 5,836 $ 9,248
Marketable securities 8,295 5,771
Accounts receivable, less allowance for doubtful accounts of $322 at December 31, 2019 and $314 at December 31, 2018 16,059 15,859
Inventories 15,580 16,163
Prepaid expenses 559 526
Other current assets 1,020 1,570
Total current assets 47,349 49,137
Marketable securities, long-term 12,168 10,322
Equipment and leasehold improvements, net 3,341 2,861
Intangibles, net 310 333
Goodwill 1,366 1,366
Right-of-use assets (operating leases) 2,111 0
Other assets 0 259
Trade notes receivable, long-term 962 0
Deferred tax assets 4,992 5,422
Total assets 72,599 69,700
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 7,023 8,513
Advance customer payments 499 636
Accrued expenses 2,572 3,568
Current operating lease liabilities 688 0
Total current liabilities 10,782 12,717
Other liabilities 202 629
Long-term operating lease liabilities 3,141 0
Reserve for income taxes 150 143
Total liabilities 14,275 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, 7,154,591 shares issued and outstanding at December 31, 2019 and 7,100,825 shares issued and outstanding at December 31, 2018 36,659 35,637
Accumulated other comprehensive loss (1,406) (1,690)
Retained earnings 23,071 22,264
Total stockholders’ equity 58,324 56,211
Total liabilities and stockholders’ equity $ 72,599 $ 69,700