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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 39,846 $ 63,663
Trade accounts receivable, less allowance for doubtful accounts of $9,680 and $8,923 at March 31, 2016 and December 31, 2015, respectively 55,267 59,839
Inventories 59,787 57,563
Prepaid expenses and other current assets 19,067 31,187
Total current assets 173,967 212,252
Property, plant and equipment, net 53,645 52,306
Patents and other intangible assets, net 5,602 5,302
Goodwill 53,565 53,565
Deferred income taxes 56,439 57,306
Other long-term assets 19,557 19,491
Total assets 362,775 400,222
Current liabilities:    
Trade accounts payable 13,524 16,391
Other current liabilities 45,472 65,597
Total current liabilities 58,996 81,988
Other long-term liabilities 28,308 27,923
Total liabilities $ 87,304 $ 109,911
Contingencies (Note 11)
Shareholders’ equity:    
Common shares $0.10 par value; 50,000,000 shares authorized; 18,186,835 and 18,659,696 issued and outstanding as of March 31, 2016 and December 31, 2015, respectively $ 1,819 $ 1,866
Additional paid-in capital 212,720 232,126
Retained earnings 66,444 62,551
Accumulated other comprehensive loss (5,512) (6,232)
Total shareholders’ equity 275,471 290,311
Total liabilities and shareholders’ equity $ 362,775 $ 400,222