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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 10,889 $ 9,400
Accounts receivable, net of allowance for doubtful accounts of $624 and $542, respectively 35,518 35,501
Inventory, net 43,227 40,101
Prepaid expenses and other 7,111 6,123
Current deferred tax assets 4,974 3,971
Total current assets 101,719 95,096
PROPERTY, PLANT AND EQUIPMENT 107,925 109,733
Less - accumulated depreciation (46,636) (45,898)
Property, plant and equipment, net 61,289 63,835
GOODWILL, net 29,574 32,762
PURCHASED INTANGIBLE ASSETS, net 22,990 26,734
DEFERRED TAX ASSETS 2,670 587
OTHER ASSETS, net 1,253 315
TOTAL ASSETS 219,495 219,329
CURRENT LIABILITIES:    
Accounts payable 16,615 14,076
Accrued expenses 5,307 5,638
Dividend payable 567 559
Accrued income taxes 4,004 3,770
Accrued employee compensation and benefits 3,269 4,582
Customer advances 1,094 3,510
Current deferred tax liabilities 317 373
Total current liabilities 31,173 32,508
LINES OF CREDIT 33,711 22,782
DEFERRED TAX LIABILITIES 8,749 7,003
OTHER LONG-TERM LIABILITIES 1,990 2,121
Total liabilities $ 75,623 $ 64,414
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; 14,196,015 and 13,997,076 shares issued and outstanding, respectively 710 700
Additional paid-in capital 69,087 67,088
Retained earnings 108,894 113,723
Other cumulative comprehensive loss (34,819) (26,596)
Total stockholders’ equity 143,872 154,915
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 219,495 $ 219,329