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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 129,841 $ 106,169
Short-term investments 10,970 42,942
Accounts receivable, net 60,449 61,364
Inventories, net 59,044 51,886
Prepaid expenses and other current assets 20,919 16,304
Total current assets 281,223 278,665
Property and equipment:    
Machinery and equipment 66,049 57,063
Furniture and fixtures 6,863 6,099
Leasehold improvements 19,588 18,778
Property and equipment, at cost 92,500 81,940
Less: accumulated depreciation and amortization (60,189) (50,262)
Property and equipment, net 32,311 31,678
Goodwill 52,567 46,744
Intangible assets, net 22,983 22,279
Service and sales demonstration inventory, net 35,250 29,136
Deferred income tax assets, net 14,498 14,307
Other long-term assets 1,049 905
Total assets 439,881 423,714
Current liabilities:    
Accounts payable 11,964 11,126
Accrued liabilities 22,507 24,572
Income taxes payable 0 618
Current portion of unearned service revenues 29,080 27,422
Customer deposits 3,065 2,872
Total current liabilities 66,616 66,610
Unearned service revenues - less current portion 12,665 13,813
Deferred income tax liabilities 1,683 1,409
Other long-term liabilities 2,191 2,225
Total liabilities 83,155 84,057
Commitments and contingencies - See Note 16
Shareholders’ equity:    
Common stock - par value $.001, 50,000,000 shares authorized; 18,197,628 and 18,170,267 issued, respectively; 16,711,152 and 16,680,791 outstanding, respectively 18 18
Additional paid-in capital 218,242 212,602
Retained earnings 179,682 183,436
Accumulated other comprehensive loss (9,387) (24,561)
Common stock in treasury, at cost; 1,486,476 and 1,489,476 shares, respectively (31,829) (31,838)
Total shareholders’ equity 356,726 339,657
Total liabilities and shareholders’ equity $ 439,881 $ 423,714