XML 27 R9.htm IDEA: XBRL DOCUMENT v3.6.0.2
Liquidity and Capital Resources
12 Months Ended
Dec. 31, 2016
Liquidity and Capital Resources [Abstract]  
Liquidity and Capital Resources
Liquidity and Capital Resources
Net Working Capital
As of December 31, 2016, the Company had approximately $34,391,000 of cash and cash equivalents.  The Company reported total current assets of approximately $126,538,000 and current liabilities of approximately $50,732,000 and had net working capital of approximately $75,806,000 as of December 31, 2016.
Overall Liquidity and Capital Resources
  The Company's largest cash requirement for the twelve months ended December 31, 2016 was cash for general working capital needs as well as the acquisition of Stability described in Note 4. In addition, the Company's other cash requirements included capital expenditures, and repurchases of the Company's common stock. The Company funded its cash requirements through its existing cash reserves, and its operating activities which generated approximately $25,828,000 during the period. The Company believes that its anticipated cash from operating and financing activities and existing cash and cash equivalents, as well as availability under the Credit Agreement will enable the Company to meet its operational liquidity needs and fund its planned investing activities for the next year.