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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and temporary investments $ 43,094 $ 26,072
Accounts receivable, net of allowance for doubtful accounts of $1,150 and $1,106 at March 31, 2020 and December 31, 2019, respectively 168,900 168,619
Inventories, net 92,641 87,965
Prepaid expenses 7,720 4,796
Total current assets 312,355 287,452
NONCURRENT ASSETS:    
Property, plant and equipment, net 91,984 90,735
Right-of-use assets - operating leases 1,546 1,640
Right-of-use assets - finance leases 52 57
Goodwill 11,619 11,619
Other assets 382 521
TOTAL ASSETS 417,886 391,967
CURRENT LIABILITIES:    
Accounts payable 96,787 95,750
Accrued liabilities 24,414 27,813
Current portion of operating lease obligation 315 330
Current portion of finance lease obligation 21 21
Long-term obligations due within one year 276 368
Total current liabilities 121,813 124,282
NONCURRENT LIABILITIES    
Long-term obligations 29,998 4,998
Noncurrent portion of operating lease obligation 1,229 1,307
Noncurrent portion of finance lease obligation 32 37
Deferred income tax liabilities 3,387 3,416
Total liabilities 156,459 134,040
COMMITMENTS AND CONTINGENCIES (Notes 6 and 7)
SHAREHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized, none issued or outstanding
Common stock, $0.01 par value; 100,000,000 shares authorized, 11,405,468 and 11,400,102, outstanding at March 31, 2020 and December 31, 2019, respectively 114 114
Additional paid-in capital 151,249 151,055
Accumulated surplus 115,639 112,261
Accumulated other comprehensive loss (5,575) (5,503)
Total shareholders’ equity 261,427 257,927
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 417,886 $ 391,967