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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 28,187 $ 20,353
Marketable securities 25,736 0
Accounts receivable, net of allowance for doubtful accounts of $2,605 and $967, respectively 31,366 60,855
Inventories 52,573 53,728
Prepaid expenses and other 5,448 9,417
Total current assets 143,310 144,353
Property, plant and equipment 180,278 174,741
Less - accumulated depreciation (70,867) (66,507)
Property, plant and equipment, net 109,411 108,234
Purchased intangible assets, net 3,665 5,880
Deferred tax assets 4,582 3,836
Other assets 18,677 15,118
Total assets 279,645 277,421
Current liabilities:    
Accounts payable 17,574 34,758
Accrued expenses 5,301 6,903
Dividend payable 0 1,866
Accrued income taxes 7,279 9,651
Accrued employee compensation and benefits 7,160 10,668
Contract liabilities 4,928 2,736
Current portion of long-term debt 3,125 3,125
Other current liabilities 1,741 1,716
Total current liabilities 47,108 71,423
Long-term debt 8,139 11,147
Deferred tax liabilities 2,254 3,786
Other long-term liabilities 25,230 18,924
Total liabilities 82,731 105,280
Commitments and Contingencies (Note 9)
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; 15,389,285 and 14,652,675 shares outstanding, respectively 796 756
Additional paid-in capital 117,387 85,639
Retained earnings 115,657 119,002
Other cumulative comprehensive loss (22,962) (25,803)
Treasury stock, at cost, and company stock held for deferred compensation, at par; 528,274 and 464,532 shares, respectively (13,964) (7,453)
Total stockholders' equity 196,914 172,141
Total liabilities and stockholders' equity $ 279,645 $ 277,421
Treasury stock, shares (in share) (528,274) (464,532)