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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 1 $ 3,089
Receivables, net of allowances for doubtful accounts of $540 as of September 30, 2019 and $801 as of December 31, 2018 62,565 52,298
Inventories, net 50,653 53,405
Tooling in progress 1,493 2,318
Prepaid expenses and other current assets 3,282 1,649
Total current assets 117,994 112,759
Property, plant and equipment, net 128,098 123,883
Goodwill 70,922 69,437
Intangible assets-net 74,850 82,879
Capital lease, net 3,267 1,953
Other long-term assets 4,976 814
Total 400,107 391,725
LIABILITIES, TEMPORARY EQUITY, AND SHAREHOLDERS’ EQUITY    
Accounts payable 42,494 45,992
Current portion of capital lease obligation 573 281
Current portion of long-term debt 83 8,606
Accrued liabilities:    
Salaries, wages, and payroll taxes 8,136 7,548
Profit sharing and bonus 7,246 6,124
Other current liabilities 4,452 14,610
Total current liabilities 62,985 83,161
Bank revolving credit notes 87,000 59,629
Capital lease obligation, less current maturities 2,738 1,697
Other long-term debt, less current maturities   111,675
Deferred compensation and long-term incentive, less current portion 24,743 13,351
Deferred income taxes 20,324 19,123
Other long-term liabilities 100 100
Total liabilities 197,890 288,736
Commitments and contingencies (see Note 10)
Redeemable common shares, no par value, stated at redemption value of outstanding shares, 60,045,300 authorized, 38,623,806 shares issued at December 31, 2018   133,806
Retained earnings   26,842
Treasury shares at cost, 25,180,330 shares at December 31, 2018   (57,659)
Total temporary equity   102,989
Common shares, no par value, 75,000,000 authorized, 20,845,693 shares issued at September 30, 2019.
Additional paid-in-capital 182,336  
Retained earnings 23,763  
Treasury shares at cost, 1,105,397 shares at September 30, 2019 (3,882)  
Total shareholders’ equity 202,217  
Total $ 400,107 $ 391,725