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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Summary of Significant Accounting Policies  
Schedule of Cash and Cash equivalents

 

 

December 31,

 2021

 

 

December 31,  

2020

 

Cash and cash equivalents:

 

 

 

 

 

 

Cash deposits

 

$2,388

 

 

$16,628

 

Money market funds

 

 

29,876

 

 

 

4,822

 

Commercial paper

 

 

-

 

 

 

1,000

 

Total cash and cash equivalents

 

$32,264

 

 

$22,450

 

Short-term investments:

 

 

 

 

 

 

 

 

Bonds (held-to-maturity)

 

$26,831

 

 

$14,101

 

Commercial paper (held-to-maturity)

 

 

2,248

 

 

 

5,178

 

Allowance for credit losses

 

 

(20)

 

 

(21)

Total short-term investments

 

$29,059

 

 

$19,258

 

Long-term investments:

 

 

 

 

 

 

 

 

Bonds (held-to-maturity)

 

$13,405

 

 

$41,619

 

Equity securities (available for sale)

 

 

5,468

 

 

 

4,077

 

Mutual funds (available for sale)

 

 

559

 

 

 

563

 

Allowance for credit losses

 

 

(9)

 

 

(52)

Total long-term investments

 

$19,423

 

 

$46,207

 

Total cash, cash equivalents and short and long-term investments

 

$80,746

 

 

$87,915

 

Schedule of Inventories

 

 

December 31,

 

 

 

2021

 

 

2020

 

Raw materials

 

$23,733

 

 

$20,308

 

Work in process

 

 

9,571

 

 

 

11,339

 

Finished goods

 

 

17,474

 

 

 

18,651

 

Total inventories

 

$50,778

 

 

$50,298

 

Schedule of Property, Plant and Equipment

 

 

December 31,

 

 

Useful

 

 

 

2021

 

 

2020

 

 

Lives

 

Land

 

$5,511

 

 

$5,511

 

 

 

 

Buildings

 

 

35,303

 

 

 

35,114

 

 

30-40 yrs.

 

Machinery and equipment

 

 

192,403

 

 

 

178,287

 

 

3-15 yrs.

 

Total property, plant and equipment

 

$233,217

 

 

$218,912

 

 

 

 

 

Schedule of Current Accrued Liabilities

 

 

December 31,

 

 

 

2021

 

 

2020

 

Accrued payroll and related expenses

 

$4,988

 

 

$5,588

 

Accrued vacation

 

 

387

 

 

 

344

 

Other accrued liabilities

 

 

555

 

 

 

633

 

Total accrued liabilities

 

$5,930

 

 

$6,565

 

Schedule of geographic area

 

 

Year ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

United States

 

$96,925

 

 

$85,682

 

 

$98,496

 

China

 

 

9,113

 

 

 

6,088

 

 

 

5,858

 

Germany

 

 

8,593

 

 

 

9,712

 

 

 

7,996

 

Other countries less than 5% of revenues

 

 

50,378

 

 

 

46,109

 

 

 

42,716

 

Total

 

$165,009

 

 

$147,591

 

 

$155,066

 

Schedule of product line Information

 

 

Year ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

 

 

 

Fluid Delivery

 

$77,753

 

 

$75,228

 

 

$72,117

 

Cardiovascular

 

 

56,919

 

 

 

48,524

 

 

 

54,799

 

Ophthalmology

 

 

6,332

 

 

 

4,700

 

 

 

7,124

 

Other

 

 

24,005

 

 

 

19,139

 

 

 

21,026

 

Total

 

$165,009

 

 

$147,591

 

 

$155,066