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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 180,686 $ 28,036
Accounts receivable – net 42,980 41,774
Inventories – net 21,638 19,326
Other current assets 3,625 4,427
Total current assets 248,929 93,563
Property, plant and equipment – net 13,856 14,351
Goodwill 41,214 41,386
Intangible assets – net 33,121 32,948
Lease right-of-use assets 2,569 3,017
Other assets 4,060 4,347
Total assets 343,749 189,612
Current liabilities:    
Current portion of long-term debt 666 630
Accounts payable 12,791 16,385
Accrued salaries and benefits 13,190 7,769
Accrued expenses 2,606 3,176
Lease liabilities – current portion 1,200 2,060
Customer deposits and deferred service revenue 9,506 12,084
Total current liabilities 39,959 42,104
Lease liabilities – net of current portion 1,462 1,021
Long-term debt 105,844 62,414
Deferred service revenue – noncurrent 3,082 3,916
Other long-term liabilities 4,997 7,310
Total liabilities 155,344 116,765
Shareholders’ equity:    
Preferred stock, $.02 par value, 1,000,000 shares authorized, none outstanding 0 0
Common stock, $.02 par value, 58,000,000 and 29,000,000 shares authorized; 22,982,955 and 18,360,205 shares issued, 21,917,357 and 16,629,177 outstanding at December 31, 2020 and December 31, 2019, respectively 459 367
Additional paid in capital 243,575 94,372
Accumulated deficit (46,706) (10,144)
Accumulated other comprehensive loss (3,936) (5,368)
Treasury stock, at cost, 1,065,598 and 1,731,028 shares at December 31, 2020 and December 31, 2019, respectively (4,987) (6,380)
Total shareholders’ equity 188,405 72,847
Total Liabilities and Shareholders’ Equity $ 343,749 $ 189,612