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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 43,942 $ 57,237
Trade accounts receivable, less allowance for doubtful accounts and sales returns of $1,674 and $1,629, respectively 43,869 43,565
Inventories, net 28,864 27,642
Prepaid expenses and other current assets 6,658 7,088
Total current assets 123,333 135,532
Property and equipment, net 45,461 44,827
Goodwill 148,964 148,811
Other intangible assets, net 95,310 98,229
Other assets 2,667 2,679
Total assets 415,735 430,078
Current liabilities:    
Borrowings under revolving line of credit 27,103 24,712
Accounts payable 6,633 6,230
Accrued liabilities 30,474 34,381
Deferred revenue 1,857 1,619
Total current liabilities 66,067 66,942
Convertible senior notes, net of debt issuance costs 225,355 225,095
Term loan, net of debt issuance costs 59,682 59,664
Accrued liabilities, net of current portion 1,680 1,688
Deferred income taxes 2,498 2,366
Total liabilities 355,282 355,755
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $.001 par value; authorized 5,000,000 shares; none issued 0 0
Common stock, $.001 par value; authorized 120,000,000 shares; issued and outstanding 43,764,753 and 43,303,298 shares, respectively 44 43
Additional paid-in capital 337,171 332,701
Accumulated other comprehensive loss (5,513) (5,696)
Accumulated deficit (271,249) (252,725)
Total stockholders’ equity 60,453 74,323
Total liabilities and stockholders’ equity $ 415,735 $ 430,078