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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 9,213 $ 8,978
Marketable securities 48,364 29,307
Accounts receivable, net of allowance for doubtful accounts of approximately $1,252 as of September 30, 2013 and $929 as of December 31, 2012 25,731 27,654
Inventories 18,133 16,203
Prepaid expenses and other assets 3,891 3,264
Deferred income taxes 712 1,146
Total current assets 106,044 86,552
Property and equipment, less accumulated depreciation of $35,153 as of September 30, 2013 and $31,657 as of December 31, 2012 36,706 36,733
Intangible assets, less accumulated amortization of $1,633 as of September 30, 2013 and $826 as of December 31, 2012 15,181 1,684
Goodwill 18,086 4,712
Other non-current assets 4,972 4,363
Deferred income taxes 38 3,524
Total assets 181,027 137,568
Current liabilities:    
Accounts payable 7,930 7,086
Accrued compensation and employee-related expenses 5,490 6,785
Accrued other 6,969 4,595
Accrued product warranty costs 1,010 814
Deferred revenue 5,468 1,892
Current portion of long-term debt 1,044 138
Total current liabilities 27,911 21,310
Other long-term liabilities 1,121 140
Line of credit 30,000 7,000
Long-term debt, excluding current portion 6,407 3,414
Total liabilities 65,439 31,864
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; 16,886,063 and 16,563,836 shares issued at September 30, 2013 and December 31, 2012; and 15,227,072 and 14,904,845 shares outstanding at September 30, 2013 and December 31, 2012, respectively 169 166
Additional paid-in capital 115,970 111,514
Retained earnings 12,205 7,307
Accumulated other comprehensive income (loss) 394 (133)
Less: treasury stock at cost, common stock, 1,658,991 shares as of September 30, 2013 and December 31, 2012 (13,150) (13,150)
Total stockholders’ equity 115,588 105,704
Total liabilities and stockholders’ equity $ 181,027 $ 137,568