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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 32,900 $ 34,596
Marketable securities 336 8,319
Accounts receivable, net of allowance for doubtful accounts of $2,786 and $2,852 as of September 30, 2018 and December 31, 2017, respectively 28,971 28,316
Inventories 24,676 22,732
Current contract assets 3,460 0
Prepaid expenses and other current assets 3,741 3,816
Total current assets 94,084 97,779
Property and equipment, less accumulated depreciation of $55,736 and $51,099 as of September 30, 2018 and December 31, 2017, respectively 52,375 43,521
Intangible assets, less accumulated amortization of $23,757 and $20,656 as of September 30, 2018 and December 31, 2017, respectively 11,637 15,120
Goodwill 32,848 33,872
Other non-current assets 6,701 5,927
Non-current contract assets 6,626 0
Non-current deferred income tax asset 201 20
Total assets 204,472 196,239
Current liabilities:    
Accounts payable 14,957 15,736
Accrued compensation and employee-related expenses 5,598 5,358
Accrued other 11,748 9,210
Accrued product warranty costs 2,032 2,074
Deferred revenue 0 6,919
Current portion of long-term debt 22,691 2,482
Contract liabilities 10,770 0
Liability for uncertain tax positions 1,316 1,570
Total current liabilities 69,112 43,349
Other long-term liabilities 2,060 19
Long-term contract liabilities 8,771 0
Non-current deferred income tax liability 2,547 2,634
Long-term debt, excluding current portion 20,252 44,572
Total liabilities 102,742 90,574
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; 19,021,853 and 18,787,816 shares issued at September 30, 2018 and December 31, 2017, respectively; and 17,739,431 and 17,128,825 shares outstanding at September 30, 2018 and December 31, 2017, respectively 190 188
Additional paid-in capital 138,731 134,361
Accumulated deficit (13,575) (4,417)
Accumulated other comprehensive loss (13,452) (11,317)
Stockholders Equity Before Treasury Stock Adjustment 111,894 118,815
Less: treasury stock at cost, common stock, 1,282,422 and 1,658,991 shares as of September 30, 2018 and December 31, 2017, respectively (10,164) (13,150)
Total stockholders’ equity 101,730 105,665
Total liabilities and stockholders’ equity $ 204,472 $ 196,239