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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 8,621 $ 7,017
Marketable securities 24,296 23,553
Accounts receivable, net of allowance for doubtful accounts of approximately $947 as of September 30, 2012 and $623 as of December 31, 2011 28,596 25,959
Inventories 17,842 18,615
Prepaid expenses and other assets 2,807 2,552
Deferred income taxes 410 1,281
Total current assets 82,572 78,977
Property and equipment, less accumulated depreciation of $30,539 as of September 30, 2012 and $27,508 as of December 31, 2011 36,157 34,010
Intangible assets, less accumulated amortization of $717 as of September 30, 2012 and $434 as of December 31, 2011 1,730 1,903
Goodwill 4,609 4,426
Other non-current assets 4,251 3,835
Deferred income taxes 4,782 5,405
Total assets 134,101 128,556
Current liabilities:    
Accounts payable 6,612 6,141
Accrued compensation and employee-related expenses 5,150 4,285
Accrued other 7,796 5,026
Accrued product warranty costs 921 933
Deferred revenue 1,956 2,684
Current portion of long-term debt 136 131
Total current liabilities 22,571 19,200
Other long-term liabilities 132 135
Line of credit 7,000 9,000
Long-term debt excluding current portion 3,450 3,553
Total liabilities 33,153 31,888
Stockholders' equity:    
Preferred stock, $0.01 par value. Authorized 1,000,000 shares; none issued 0 0
Common stock, $0.01 par value. Authorized 30,000,000 shares, 16,524,451 and 16,207,268 shares issued at September 30, 2012 and December 31, 2011; and 14,865,460 and 14,548,277 shares outstanding at September 30, 2012 and December 31, 2011, respectively 165 162
Additional paid-in capital 109,770 106,592
Retained earnings 4,549 3,727
Accumulated other comprehensive loss (386) (663)
Less: treasury stock at cost, common stock, 1,658,991 shares as of September 30, 2012 and December 31, 2011 (13,150) (13,150)
Total stockholders' equity 100,948 96,668
Total liabilities and stockholders' equity $ 134,101 $ 128,556