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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 3,965 $ 4,663
Accounts receivable, net of allowances of $800 and $3,186 45,201 45,856
Prepaid expenses and other assets, net 3,438 3,948
Income taxes receivable 452 171
Inventories - current 71,288 61,724
Deferred tax assets - current 1,947 2,869
Total current assets 126,291 119,231
PROPERTY AND EQUIPMENT:    
Land 2,209 2,209
Machinery and equipment 32,424 30,164
Surgical instruments 84,611 77,105
Furniture and fixtures 3,847 3,753
Facilities 18,008 17,930
Projects in process 1,778 2,141
Total property and equipment 142,877 133,302
Accumulated depreciation (63,177) (56,061)
Net property and equipment 79,700 77,241
OTHER ASSETS:    
Deferred financing and deposits, net 893 1,016
Non-current inventories 8,328 7,334
Product licenses and designs, net 10,555 11,380
Patents and trademarks, net 2,139 1,589
Customer relationships, net 1,211 1,545
Goodwill 13,276 13,276
Total other assets 36,402 36,140
TOTAL ASSETS 242,393 232,612
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 14,306 12,909
Income taxes payable 1,475 4,210
Accrued expenses and other liabilities 11,432 8,957
Other current liabilities 250 344
Current portion of long-term debt 2,625 648
Total current liabilities 30,088 27,068
LONG-TERM LIABILITIES:    
Deferred tax liabilities 2,655 3,520
Line of credit 15,210 42,410
Long-term debt, net of current portion 27,000 3,507
Other long-term liabilities 1,130 780
Total long-term liabilities 45,995 50,217
Total liabilities 76,083 77,285
SHAREHOLDERS' EQUITY:    
Common stock 133 132
Additional paid-in capital 63,564 60,565
Accumulated other comprehensive loss (5,150) (4,272)
Retained earnings 107,763 98,902
Total shareholders' equity 166,310 155,327
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 242,393 $ 232,612