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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 18,365,000 $ 15,212,000
Marketable securities 29,907,000 25,000
Accounts receivable, net of allowance for doubtful accounts of $1,589 and $2,390 as of December 31, 2019 & December 31, 2018, respectively 32,891,000 28,592,000
Inventories 23,465,000 22,942,000
Prepaid expenses and other current assets 3,188,000 2,532,000
Current contract assets 1,458,000 3,566,000
Current assets held for sale 0 4,871,000
Total current assets 109,274,000 77,740,000
Property and equipment, net 53,584,000 50,633,000
Intangible assets, net 4,943,000 5,661,000
Goodwill 15,408,000 15,031,000
Right of use assets 6,286,000  
Other non-current assets 6,443,000 5,484,000
Non-current contract assets 3,408,000 6,971,000
Non-current deferred income tax asset 45,000 226,000
Non-current assets held for sale 0 25,906,000
Total assets 199,391,000 187,652,000
Current liabilities:    
Accounts payable 15,031,000 16,735,000
Accrued compensation and employee-related expenses 5,637,000 4,947,000
Accrued other 7,733,000 9,100,000
Accrued product warranty costs 2,194,000 1,916,000
Current portion of long-term debt 0 9,928,000
Contract liabilities 4,443,000 7,647,000
Current operating lease liability 2,831,000  
Liability for uncertain tax positions 521,000 893,000
Current liabilities held for sale 0 4,844,000
Total current liabilities 38,390,000 56,010,000
Other long-term liabilities 1,292,000 1,920,000
Long-term operating lease liability 3,482,000  
Long-term contract liabilities 5,476,000 9,070,000
Long-term debt, excluding current portion 0 19,437,000
Non-current deferred income tax liability 762,000 966,000
Non-current liabilities held for sale 0 734,000
Total liabilities 49,402,000 88,137,000
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, 19,398,699 and 19,026,393 shares issued at December 31, 2019 and December 31, 2018, respectively; and 18,001,261 and 17,743,971 shares outstanding at December 31, 2019 and December 31, 2018, respectively 194,000 190,000
Additional paid-in capital 144,485,000 139,617,000
Accumulated earnings (deficit) 19,538,000 (15,397,000)
Accumulated other comprehensive loss (2,767,000) (14,731,000)
Total Stockholders equity before treasury stock adjustment 161,450,000 109,679,000
Less: treasury stock at cost, common stock, 1,397,438 and 1,282,422 shares as of December 31, 2019 and December 31, 2018, respectively (11,461,000) (10,164,000)
Total stockholders’ equity 149,989,000 99,515,000
Total liabilities and stockholders’ equity $ 199,391,000 $ 187,652,000