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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 34,596 $ 26,422
Marketable securities 8,319 25,712
Accounts receivable, net of allowance for doubtful accounts of $2,852 and $3,477 as of December 31, 2017 & December 31, 2016, respectively 28,316 31,152
Inventories 22,732 20,745
Prepaid expenses and other current assets 3,816 4,801
Total current assets 97,779 108,832
Property and equipment, less accumulated depreciation of $51,099 and $45,766 as of December 31, 2017 & December 31, 2016, respectively 43,521 36,586
Intangible assets, less accumulated amortization of $20,656 and $16,344 as of December 31, 2017 & December 31, 2016, respectively 15,120 17,838
Goodwill 33,872 31,343
Other non-current assets 5,927 5,134
Non-current deferred income tax asset 20 24
Total assets 196,239 199,757
Current liabilities:    
Accounts payable 15,736 8,436
Accrued compensation and employee-related expenses 5,358 4,766
Accrued other 9,210 8,317
Accrued product warranty costs 2,074 2,280
Deferred revenue 6,919 6,661
Current portion of long-term debt 2,482 7,900
Liability for Uncertain Tax Positions, Current 1,570 1,283
Total current liabilities 43,349 39,643
Non-current deferred income tax liability 2,634 3,133
Other long-term liabilities 19 326
Long-term debt, excluding current portion 44,572 50,153
Total liabilities 90,574 93,255
Commitments and contingencies
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, 18,787,816 and 18,420,914 shares issued at December 31, 2017 and December 31, 2016, respectively; and 17,128,825 and 16,761,923 shares outstanding at December 31, 2017 and December 31, 2016, respectively 188 184
Additional paid-in capital 134,361 129,660
(Accumulated deficit) retained earnings (4,417) 6,617
Accumulated other comprehensive loss (11,317) (16,809)
Total Stockholders equity before treasury stock adjustment 118,815 119,652
Less: treasury stock at cost, common stock, 1,658,991 shares as of December 31, 2017 and December 31, 2016, respectively (13,150) (13,150)
Total stockholders’ equity 105,665 106,502
Total liabilities and stockholders’ equity $ 196,239 $ 199,757