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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 5,915 $ 37,978
Receivables, less allowance for doubtful accounts of $761 at June 30, 2018 and $652 at December 31, 2017 30,179 21,381
Inventories 18,732 12,863
Prepaid expenses 2,106 1,835
Refundable income taxes 616 1,017
Total current assets 57,548 75,074
Property, plant and equipment 111,289 106,716
Less accumulated depreciation and amortization (52,600) (53,064)
Net property, plant and equipment 58,689 53,652
Goodwill 51,838 7,322
Intangible assets, net 22,860
Non-qualified deferred compensation plan 2,216 2,015
Other assets 191 144
Total assets 193,342 138,207
Current liabilities:    
Accounts payable 8,743 4,180
Accrued expenses 5,407 5,466
Deferred revenue 3,331 297
Current portion of long-term debt 2,857
Total current liabilities 20,338 9,943
Long-term debt, excluding current portion 36,714
Deferred income taxes 2,937 2,440
Non-qualified deferred compensation plan 2,215 2,030
Other liabilities 52 82
Total liabilities 62,256 14,495
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $.01 par value, 1,000,000 shares authorized; zero shares issued or outstanding
Common stock, $.01 par value, 20,000,000 shares authorized; 7,389,116 and 7,359,557 shares issued and outstanding, respectively at June 30, 2018; 7,309,909 and 7,280,350 shares issued and outstanding, respectively at December 31, 2017 73 73
Additional paid-in capital 28,341 26,664
Retained earnings 103,259 97,562
Treasury stock at cost, 29,559 shares at June 30, 2018 and December 31, 2017 (587) (587)
Total stockholders’ equity 131,086 123,712
Total liabilities and stockholders' equity $ 193,342 $ 138,207