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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 9,243 $ 15,212
Marketable securities 46,325 25
Accounts receivable, net of allowance for doubtful accounts of $2,090 and $2,390 as of September 30, 2019 and December 31, 2018, respectively 29,979 28,592
Inventories 25,317 22,942
Prepaid expenses and other current assets 3,121 2,532
Current contract assets 1,407 3,566
Current assets held for sale 0 4,871
Total current assets 115,392 77,740
Property and equipment, net 52,661 50,633
Intangible assets, net 4,840 5,661
Goodwill 14,667 15,031
Right of use assets 6,951 0
Other non-current assets 6,091 5,484
Non-current contract assets 3,449 6,971
Non-current deferred income tax asset 131 226
Non-current assets held for sale 0 25,906
Total assets 204,182 187,652
Current liabilities:    
Accounts payable 14,502 16,735
Accrued compensation and employee-related expenses 5,391 4,947
Accrued other 9,501 9,602
Accrued product warranty costs 2,288 1,916
Current portion of long-term debt 0 9,928
Contract liabilities 5,701 7,647
Current operating lease liability 3,584 0
Liability for uncertain tax positions 686 631
Current liabilities held for sale 0 4,604
Total current liabilities 41,653 56,010
Other long-term liabilities 1,445 1,920
Long-term operating lease liability 3,388 0
Long-term contract liabilities 5,194 9,070
Long-term debt, excluding current portion 0 19,437
Non-current deferred income tax liability 835 887
Non-current liabilities held for sale 0 813
Total liabilities 52,515 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; 19,381,008 and 19,026,393 shares issued at September 30, 2019 and December 31, 2018, respectively; and 18,098,586 and 17,743,971 shares outstanding at September 30, 2019 and December 31, 2018, respectively 194 190
Additional paid-in capital 143,214 139,617
Retained earnings (accumulated deficit) 23,021 (15,397)
Accumulated other comprehensive loss (4,598) (14,731)
Stockholders equity before treasury stock adjustment 161,831 109,679
Less: treasury stock at cost, common stock, 1,282,422 shares as of September 30, 2019 and December 31, 2018 (10,164) (10,164)
Total stockholders’ equity 151,667 99,515
Total liabilities and stockholders’ equity $ 204,182 $ 187,652