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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 8,242 $ 7,017
Marketable securities 22,782 23,553
Accounts receivable, net of allowance for doubtful accounts of approximately $592 as of June 30, 2012 and $623 as of December 31, 2011 22,264 25,959
Inventories 17,159 18,615
Prepaid expenses and other assets 2,942 2,552
Deferred income taxes 1,033 1,281
Total current assets 74,422 78,977
Property and equipment, less accumulated depreciation of $29,547 as of June 30, 2012 and $27,508 as of December 31, 2011 36,507 34,010
Intangible assets, less accumulated amortization of $601 as of June 30, 2012 and $434 as of December 31, 2011 1,736 1,903
Goodwill 4,426 4,426
Other non-current assets 4,170 3,835
Deferred income taxes 5,403 5,405
Total assets 126,664 128,556
Current liabilities:    
Accounts payable 5,819 6,141
Accrued compensation and employee-related expenses 3,756 4,285
Accrued other 4,538 4,700
Accrued product warranty costs 924 933
Accrued professional fees 278 326
Deferred revenue 2,662 2,684
Current portion of long-term debt 134 131
Total current liabilities 18,111 19,200
Other long-term liabilities 128 135
Line of credit 7,000 9,000
Long-term debt excluding current portion 3,485 3,553
Total liabilities 28,724 31,888
Stockholders' equity:    
Preferred stock, $0.01 par value. Authorized 1,000,000 shares; none issued      
Common stock, $0.01 par value. Authorized 30,000,000 shares, 16,481,244 and 16,207,268 shares issued at June 30, 2012 and December 31, 2011; and 14,822,253 and 14,548,277 shares outstanding at June 30, 2012 and December 31, 2011, respectively 165 162
Additional paid-in capital 108,819 106,592
Retained earnings 2,805 3,727
Accumulated other comprehensive loss (699) (663)
Less: treasury stock at cost, common stock, 1,658,991 shares as of June 30, 2012 and December 31, 2011 (13,150) (13,150)
Total stockholders' equity 97,940 96,668
Total liabilities and stockholders' equity $ 126,664 $ 128,556