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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 14,259 $ 18,050
Marketable securities 25 25
Accounts receivable, net of allowance for doubtful accounts of $2,555 and $2,685 as of March 31, 2019 and December 31, 2018, respectively 28,832 29,663
Inventories 26,062 22,942
Prepaid expenses and other current assets 4,320 3,494
Current contract assets 3,678 3,566
Total current assets 77,176 77,740
Property and equipment, net 53,697 53,248
Intangible assets, net 9,807 10,518
Goodwill 32,845 32,213
Right of use asset operating lease 9,411  
Other non-current assets 7,021 6,736
Non-current contract assets 7,342 6,971
Non-current deferred income tax asset 210 226
Total assets 197,509 187,652
Current liabilities:    
Accounts payable 20,270 17,726
Accrued compensation and employee-related expenses 4,249 5,167
Accrued other 10,131 10,964
Accrued product warranty costs 2,021 1,916
Current portion of long-term debt 10,585 9,928
Contract liabilities 12,211 9,193
Current operating lease liability 4,749  
Liability for uncertain tax positions 1,141 1,116
Total current liabilities 65,357 56,010
Other long-term liabilities 1,752 1,920
Long-term operating lease liability 4,672  
Long-term contract liabilities 9,634 9,070
Long-term debt, excluding current portion 18,749 19,437
Non-current deferred income tax liability 1,747 1,700
Total liabilities 101,911 88,137
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; 19,134,469 and 19,026,393 shares issued at March 31, 2019 and December 31, 2018, respectively; and 17,852,047 and 17,743,971 shares outstanding at March 31, 2019 and December 31, 2018, respectively 191 190
Additional paid-in capital 140,790 139,617
Accumulated deficit (21,576) (15,397)
Accumulated other comprehensive loss (13,643) (14,731)
Stockholders equity before treasury stock adjustment 105,762 109,679
Less: treasury stock at cost, common stock, 1,282,422 and 1,282,422 shares as of March 31, 2019 and December 31, 2018, respectively (10,164) (10,164)
Total stockholders’ equity 95,598 99,515
Total liabilities and stockholders’ equity $ 197,509 $ 187,652