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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 21,433 $ 18,688
Short-term bank deposits 964 8,122
Accounts receivable, net 21,572 19,151
Other current assets and prepaid expenses 1,687 3,025
Inventory, net [1] 39,269 36,664
Total current assets 84,925 85,650
NON-CURRENT ASSETS:    
Investment in affiliates 1,019 169
Funds in respect of employee rights upon retirement 2,660 2,626
Deferred income taxes 896 890
Intangible assets, net 1,179 1,314
Property, plant and equipment, net 21,298 18,934
Total non-current assets 27,052 23,933
Total assets 111,977 109,583
CURRENT LIABILITIES:    
Accounts payable 8,406 7,022
Accrued expenses 9,836 7,815
Total current liabilities 18,242 14,837
NON CURRENT LIABILITIES:    
Other long-term liabilities 151 189
Liability in respect of employee rights upon retirement 2,994 2,871
Deferred income taxes 1,938 262
Total non-current liabilities 5,083 3,322
COMMITMENTS AND CONTINGENT LIABILITIES (NOTE 11)
Total liabilities 23,325 18,159
EQUITY:    
Ordinary shares of NIS 0.9 par value : Authorized: 10,000,000 shares at December 31, 2016 and 2015; Issued: 9,102,917 shares at December 31, 2016 and 9,082,817 shares at December 31, 2015; Outstanding: 8,828,444 shares at December 31, 2016 and 8,808,344 shares at December 31, 2015 2,797 2,793
Additional paid-in capital 64,760 64,529
Treasury shares, at cost, 274,473 shares at December 31, 2016 and 2015 (2,088) (2,088)
Accumulated other comprehensive loss (73) (4)
Retained earnings 23,256 26,194
Total shareholders' equity 88,652 91,424
Total liabilities and shareholders' equity $ 111,977 $ 109,583
[1] The total amount of Rotables included in the company inventory for the years ended December 31, 2016 and 2015 were $8,345 and $7,964, respectively.