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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and temporary investments $ 37,116 $ 26,072
Accounts receivable, net of allowance for doubtful accounts of $1,186 and $1,106 at June 30, 2020 and December 31, 2019, respectively 123,161 168,619
Inventories, net 90,902 87,965
Prepaid expenses 5,715 4,796
Total current assets 256,894 287,452
NONCURRENT ASSETS:    
Property, plant and equipment, net 93,604 90,735
Right-of-use assets - operating leases 1,432 1,640
Goodwill 11,619 11,619
Other assets 424 521
TOTAL ASSETS 363,973 391,967
CURRENT LIABILITIES:    
Accounts payable 59,481 95,750
Accrued liabilities 29,581 27,813
Current portion of operating lease obligation 302 330
Current portion of finance lease obligation 22 21
Long-term obligations due within one year 185 368
Total current liabilities 89,571 124,282
NONCURRENT LIABILITIES    
Long-term obligations 5,000 4,998
Noncurrent portion of operating lease obligation 1,128 1,307
Noncurrent portion of finance lease obligation 26 37
Deferred income tax liabilities 3,360 3,416
Total liabilities 99,085 134,040
COMMITMENTS AND CONTINGENCIES (Note 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 June 30, 2020 and December 31, 2019, respectively 114 114
Additional paid-in capital 151,249 151,055
Accumulated surplus 119,412 112,261
Accumulated other comprehensive loss (5,887) (5,503)
Total shareholders' equity 264,888 257,927
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 363,973 $ 391,967