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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 95,817 $ 157,463
Investments 2,501 27,480
Accounts receivable, net of reserves of $1,523 and $962 at December 31, 2020 and December 31, 2019, respectively 24,102 23,079
Inventories, net 46,209 21,995
Prepaid expenses and other current assets 8,754 4,289
Total current assets 177,383 234,306
Property and equipment, net 50,613 50,783
Right-of-use assets 22,619 22,864
Other long-term assets 15,420 7,478
Intangible assets, net 91,157 7,585
Goodwill 8,413 7,694
Total assets 365,605 330,710
Current liabilities:    
Accounts payable 8,984 3,832
Accrued expenses and other current liabilities 14,793 12,445
Contingent consideration – current portion 13,090 0
Total current liabilities 36,867 16,277
Other long-term liabilities 1,244 357
Contingent consideration – long term portion 22,320 0
Deferred tax liability 11,895 4,331
Lease liabilities 20,879 21,367
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.01 par value; 1,250 shares authorized, no shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively 0 0
Common stock, $.01 par value; 90,000 shares authorized, 14,329 and 14,308 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively 143 143
Additional paid-in-capital 55,355 48,707
Accumulated other comprehensive loss (4,542) (5,898)
Retained earnings 221,444 245,426
Total stockholders’ equity 272,400 288,378
Total liabilities and stockholders’ equity $ 365,605 $ 330,710