XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and temporary investments $ 47,512 $ 26,072
Accounts receivable, net of allowance for doubtful accounts of $1,244 and $1,106 at September 30, 2020 and December 31, 2019, respectively 149,806 168,619
Inventories, net 87,448 87,965
Prepaid expenses 4,340 4,796
Total current assets 289,106 287,452
NONCURRENT ASSETS:    
Property, plant and equipment, net 96,719 90,735
Right-of-use assets - operating leases 1,474 1,640
Goodwill 11,619 11,619
Other assets 392 521
TOTAL ASSETS 399,310 391,967
CURRENT LIABILITIES:    
Accounts payable 92,970 95,750
Accrued liabilities 28,683 27,813
Current portion of operating lease obligation 321 330
Current portion of finance lease obligation 22 21
Long-term obligations due within one year 100 368
Total current liabilities 122,096 124,282
NONCURRENT LIABILITIES    
Long-term obligations   4,998
Noncurrent portion of operating lease obligation 1,153 1,307
Noncurrent portion of finance lease obligation 20 37
Deferred income tax liabilities 3,792 3,416
Total liabilities 127,061 134,040
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 September 30, 2020 and December 31, 2019, respectively 114 114
Additional paid-in capital 151,249 151,055
Accumulated surplus 123,912 112,261
Accumulated other comprehensive loss (3,026) (5,503)
Total shareholders' equity 272,249 257,927
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 399,310 $ 391,967