XML 38 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 10,167us-gaap_CashAndCashEquivalentsAtCarryingValue $ 10,015us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable-net 31,445us-gaap_AccountsReceivableNetCurrent 30,688us-gaap_AccountsReceivableNetCurrent
Inventories-net 25,922us-gaap_InventoryNet 24,465us-gaap_InventoryNet
Deferred income taxes 4,512us-gaap_DeferredTaxAssetsNetCurrent 13,408us-gaap_DeferredTaxAssetsNetCurrent
Other current assets 4,597us-gaap_OtherAssetsCurrent 3,418us-gaap_OtherAssetsCurrent
Total current assets 76,643us-gaap_AssetsCurrent 81,994us-gaap_AssetsCurrent
Property, plant and equipment - net 6,135us-gaap_PropertyPlantAndEquipmentNet 5,494us-gaap_PropertyPlantAndEquipmentNet
Deferred income taxes 11,357us-gaap_DeferredTaxAssetsNetNoncurrent 5,422us-gaap_DeferredTaxAssetsNetNoncurrent
Goodwill 17,167us-gaap_Goodwill 6,852us-gaap_Goodwill
Intangible assets - net 22,952us-gaap_IntangibleAssetsNetExcludingGoodwill 15,071us-gaap_IntangibleAssetsNetExcludingGoodwill
Other assets 3,043us-gaap_OtherAssetsNoncurrent 2,675us-gaap_OtherAssetsNoncurrent
Total Assets 137,297us-gaap_Assets 117,508us-gaap_Assets
Current liabilities:    
Current portion of long-term debt 3,173us-gaap_LongTermDebtCurrent 166us-gaap_LongTermDebtCurrent
Borrowings under line of credit 5,000us-gaap_LinesOfCreditCurrent 0us-gaap_LinesOfCreditCurrent
Accounts payable 19,676us-gaap_AccountsPayableCurrent 17,200us-gaap_AccountsPayableCurrent
Accrued salaries and benefits 6,429us-gaap_EmployeeRelatedLiabilitiesCurrent 6,663us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued expenses 6,578us-gaap_AccruedLiabilitiesCurrent 2,701us-gaap_AccruedLiabilitiesCurrent
Customer deposits 2,345us-gaap_CustomerDepositsCurrent 1,071us-gaap_CustomerDepositsCurrent
Deferred service revenue 12,695us-gaap_DeferredRevenueCurrent 12,170us-gaap_DeferredRevenueCurrent
Income taxes payable 475us-gaap_AccruedIncomeTaxesCurrent 185us-gaap_AccruedIncomeTaxesCurrent
Total current liabilities 56,371us-gaap_LiabilitiesCurrent 40,156us-gaap_LiabilitiesCurrent
Long-term debt 2,566us-gaap_LongTermDebtNoncurrent 918us-gaap_LongTermDebtNoncurrent
Other long-term liabilities 8,847us-gaap_OtherLiabilitiesNoncurrent 3,714us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 67,784us-gaap_Liabilities 44,788us-gaap_Liabilities
Commitments and Contingencies      
Shareholders' Equity:    
Preferred stock, $.02 par value, 1,000,000 shares authorized 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $.02 par value, 29,000,000 shares authorized; 17,274,708 and 17,301,925 shares issued; 15,566,599 and 15,593,816 outstanding 346us-gaap_CommonStockValue 344us-gaap_CommonStockValue
Capital in excess of par value 44,854us-gaap_AdditionalPaidInCapital 43,635us-gaap_AdditionalPaidInCapital
Retained earnings 31,465us-gaap_RetainedEarningsAccumulatedDeficit 35,116us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (1,316)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (539)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock, at cost, 1,708,109 shares (5,836)us-gaap_TreasuryStockValue (5,836)us-gaap_TreasuryStockValue
Total shareholders' equity 69,513us-gaap_StockholdersEquity 72,720us-gaap_StockholdersEquity
Total Liabilities and Shareholders' Equity $ 137,297us-gaap_LiabilitiesAndStockholdersEquity $ 117,508us-gaap_LiabilitiesAndStockholdersEquity