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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 14,932 $ 10,598
Accounts receivable, net of allowance for doubtful accounts of $599 and $419, respectively 30,923 37,785
Inventory, net 41,846 41,191
Prepaid expenses and other 7,161 4,374
Current deferred tax assets 5,583 3,440
Assets held for sale 6,011 6,299
Total current assets 106,456 103,687
PROPERTY, PLANT AND EQUIPMENT 100,305 98,573
Less - accumulated depreciation (42,625) (38,358)
Property, plant and equipment, net 57,680 60,215
GOODWILL, net 34,382 37,970
PURCHASED INTANGIBLE ASSETS, net 29,403 36,458
DEFERRED TAX ASSETS 439 389
OTHER ASSETS, net 1,236 1,893
TOTAL ASSETS 229,596 240,612
CURRENT LIABILITIES:    
Accounts payable 9,104 14,567
Accrued expenses 3,250 3,928
Dividend payable 559 550
Accrued income taxes 3,030 2,810
Accrued employee compensation and benefits 4,667 4,552
Customer advances 2,364 1,019
Current debt obligations 4 2,907
Current deferred tax liabilities 435 435
Liabilities related to assets held for sale 721 826
Total current liabilities 24,134 31,594
LINES OF CREDIT 26,000 26,400
DEFERRED TAX LIABILITIES 8,641 7,945
OTHER LONG-TERM LIABILITIES 1,962 1,881
Total liabilities 60,737 67,820
COMMITMENTS AND CONTINGENT LIABILITIES      
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares 0 0
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,979,119 and 13,772,324 shares issued and outstanding, respectively 699 689
Additional paid-in capital 65,836 62,934
Retained earnings 118,745 113,399
Other cumulative comprehensive loss (16,421) (4,230)
Total stockholders’ equity 168,859 172,792
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 229,596 $ 240,612