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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 8,124 $ 33,087
Accounts receivable, net 32,820 38,378
Other receivables 3,421 4,161
Inventories, net 4,265 20,021
Other current assets 3,186 2,990
Total current assets 51,816 98,637
Property and equipment, net 4,728 6,713
Intangible assets, net 6,862 17,575
Long-term deferred tax assets, net 787 1,117
Other assets 1,836 4,143
Total assets 66,029 128,185
Current liabilities:    
Accounts payable 18,297 20,805
Accrued wages and bonuses 3,711 6,572
Deferred revenue 4,200 5,715
Line of credit 16,000 25,000
Other accrued liabilities 10,405 7,571
Total current liabilities 52,613 65,663
Long-term liabilities:    
Other long-term liabilities 6,866 5,966
Total long-term liabilities 6,866 5,966
Total liabilities 59,479 71,629
Commitments and contingencies (Note 13)
Shareholders’ equity:    
Preferred stock — $0.01 par value, 5,664 shares authorized; none issued or outstanding at December 31, 2017 and December 31, 2016 0 0
Common stock — no par value, 100,000 shares authorized; 39,280 and 38,521 shares issued and outstanding at December 31, 2017 and December 31, 2016 342,219 339,715
Accumulated deficit (336,182) (281,600)
Accumulated other comprehensive income (loss):    
Cumulative translation adjustments 690 (1,032)
Unrealized loss on hedge instruments (177) (527)
Total accumulated other comprehensive income (loss) 513 (1,559)
Total shareholders’ equity 6,550 56,556
Total liabilities and shareholders’ equity $ 66,029 $ 128,185