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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 30,958 $ 41,491
Accounts receivable, net of reserves of $315 and $360 in 2016 and 2015, respectively 21,485 19,121
Inventories 22,629 22,105
Prepaid expenses and other 4,848 4,361
Total current assets 79,920 87,078
Property, plant and equipment, net 36,254 34,508
Goodwill 10,089 10,045
Intangible assets, net 8,060 8,445
Deferred tax assets, net of liabilities 5,434 4,797
Total assets 139,757 144,873
Current liabilities:    
Accounts payable 4,550 5,830
Accrued compensation 6,031 6,702
Accrued expenses 2,765 4,125
Total current liabilities 13,346 16,657
Long-term deferred tax liabilities 74 72
Total long-term liabilities 74 72
Shareholders' equity:    
Common stock, $0.01 per share par value: Authorized shares - 40,000,000 Issued and outstanding shares - 17,371,153 - 2016; 17,386,853 - 2015 174 174
Additional paid-in capital 100,511 102,123
Other (1,126) (1,186)
Accumulated earnings 26,778 27,033
Total shareholders' equity 126,337 128,144
Total liabilities and shareholders' equity $ 139,757 $ 144,873