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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 58,775 $ 28,036
Accounts receivable – net 38,236 41,774
Inventories – net 25,992 19,326
Other current assets 4,167 4,427
Total current assets 127,170 93,563
Property, plant and equipment – net 13,503 14,351
Goodwill 41,214 41,386
Intangible assets – net 34,305 32,948
Lease right-of-use assets 2,445 3,017
Other assets 4,249 4,347
Total Assets 222,886 189,612
Current liabilities:    
Current portion of long-term debt 647 630
Accounts payable 15,699 16,385
Accrued salaries and benefits 7,538 7,769
Accrued expenses 2,523 3,176
Lease liabilities - current portion 1,295 2,060
Customer deposits and deferred service revenue 9,625 12,084
Total current liabilities 37,327 42,104
Lease liabilities - net of current portion 1,235 1,021
Deferred service revenue – non current 3,937 3,916
Long-term debt 103,849 62,414
Other long-term liabilities 7,928 7,310
Total liabilities 154,276 116,765
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, $.02 par value, 1,000,000 shares authorized 0 0
Common Stock, Value, Issued 386 367
Additional paid in capital 107,540 94,372
Accumulated deficit (30,030) (10,144)
Accumulated other comprehensive loss (5,009) (5,368)
Treasury Stock, Value (4,277) (6,380)
Total shareholders’ equity 68,610 72,847
Total Liabilities and Shareholders’ Equity $ 222,886 $ 189,612