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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 6,600 $ 9,055
Accounts receivable-net 30,077 30,705
Inventories-net 21,746 26,237
Note receivable 0 3,510
Income taxes receivable 0 261
Deferred income taxes 0 7,767
Other current assets 4,209 4,027
Assets of discontinued operations 0 462
Total current assets 62,632 82,024
Property, plant and equipment - net 10,755 7,035
Deferred income taxes 13,809 9,650
Goodwill 11,051 11,051
Intangible assets - net 12,070 10,966
Other assets 4,307 3,785
Total Assets 114,624 124,511
Current liabilities:    
Current portion of long-term debt 195 187
Borrowings on line of credit 950 0
Accounts payable 14,332 16,687
Accrued salaries and benefits 6,275 5,470
Accrued expenses 3,926 4,682
Customer deposits and deferred service revenue 12,909 19,814
Total current liabilities 38,587 46,840
Long-term debt 185 379
Other long-term liabilities 6,866 7,712
Total liabilities 45,638 54,931
Shareholders’ Equity:    
Preferred stock, $.02 par value, 1,000,000 shares authorized 0 0
Common stock, $.02 par value, 29,000,000 shares authorized; 17,677,161 and 17,479,454 shares issued; 15,969,052 and 15,771,345 outstanding at December 31, 2017 and December 31, 2016, respectively 354 350
Capital in excess of par value 48,349 46,203
Retained earnings 29,549 32,357
Accumulated other comprehensive loss (3,430) (3,494)
Treasury stock, at cost, 1,708,109 shares (5,836) (5,836)
Total shareholders’ equity 68,986 69,580
Total Liabilities and Shareholders’ Equity $ 114,624 $ 124,511