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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 40,482 $ 63,663
Trade accounts receivable, less allowance for doubtful accounts of $9,560 and $8,923 at June 30, 2016 and December 31, 2015, respectively 56,438 59,839
Inventories 61,334 57,563
Prepaid expenses and other current assets 19,734 31,187
Total current assets 177,988 212,252
Property, plant and equipment, net 52,499 52,306
Patents and other intangible assets, net 7,822 5,302
Goodwill 53,565 53,565
Deferred income taxes 56,443 57,306
Other long-term assets 16,421 19,491
Total assets 364,738 400,222
Current liabilities:    
Trade accounts payable 13,676 16,391
Other current liabilities 63,523 65,597
Total current liabilities 77,199 81,988
Other long-term liabilities 29,308 27,923
Total liabilities 106,507 109,911
Contingencies (Note 11)
Shareholders’ equity:    
Common shares $0.10 par value; 50,000,000 shares authorized; 18,108,540 and 18,659,696 issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 1,811 1,866
Additional paid-in capital 205,337 232,126
Retained earnings 59,057 62,551
Accumulated other comprehensive loss (7,974) (6,232)
Total shareholders’ equity 258,231 290,311
Total liabilities and shareholders’ equity $ 364,738 $ 400,222