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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 5,224 $ 8,021
Marketable securities 2,093 3,954
Accounts receivable, net of allowance for doubtful accounts of $677 and $328, respectively 10,148 10,137
Inventories 6,142 4,649
Prepaid expenses and other receivables 1,644 2,017
Deferred income taxes 429 230
Total current assets 25,680 29,008
Property and equipment:    
Furniture and fixtures 444 380
Leasehold improvements 363 158
Equipment 3,364 2,714
Property and equipment, gross 4,171 3,252
Accumulated depreciation 2,736 2,130
Property and equipment, net 1,435 1,122
Deferred income taxes 3,131  
Intangible assets 7,888 9,513
Goodwill 3,120 14,713
TOTAL ASSETS 41,254 54,356
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 1,998 2,094
Accrued compensation 1,013 1,364
Accrued warranty and other 1,534 1,467
Earn-outs payable   2,928
Income taxes payable 67 17
Total current liabilities 4,612 7,870
Deferred income taxes   290
Income taxes payable 316 175
Shareholders' equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, none issued or outstanding      
Common stock, $.01 par value; 20,000,000 shares authorized, 4,910,619 and 4,878,519 issued and outstanding, respectively 49 49
Additional paid-in capital 22,619 22,065
Accumulated other comprehensive income (loss) (180) 52
Retained earnings 13,838 23,855
Total shareholders' equity 36,326 46,021
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 41,254 $ 54,356