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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 8,615 $ 6,419
Accounts receivable, net of allowance for doubtful accounts of $1,155 and $1,146, respectively 38,628 32,959
Inventory, net 30,893 28,833
Prepaid expenses and other 5,642 5,148
Total current assets 83,778 73,359
PROPERTY, PLANT AND EQUIPMENT 115,480 109,427
Less - accumulated depreciation (57,357) (52,294)
Property, plant and equipment, net 58,123 57,133
GOODWILL, net 17,167 16,097
PURCHASED INTANGIBLE ASSETS, net 14,682 15,827
OTHER ASSETS, net 128 139
TOTAL ASSETS 173,878 162,555
CURRENT LIABILITIES:    
Accounts payable 15,338 13,260
Accrued expenses 4,345 4,173
Accrued anti-dumping duties 3,593 6,550
Dividend payable 295 290
Accrued income taxes 361 548
Accrued employee compensation and benefits 3,828 3,307
Customer advances 1,286 2,619
Total current liabilities 29,046 30,747
LINES OF CREDIT 23,927 15,732
DEFERRED TAX LIABILITIES 1,441 1,448
OTHER LONG-TERM LIABILITIES 2,475 2,219
Total liabilities 56,889 50,146
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; 14,770,719 and 14,496,359 shares outstanding, respectively 740 725
Additional paid-in capital 74,637 73,116
Retained earnings 76,685 80,107
Other cumulative comprehensive loss (34,736) (41,514)
Treasury stock, at cost; 37,906 and 2,378 shares, respectively (337) (25)
Total stockholders’ equity 116,989 112,409
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 173,878 $ 162,555