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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 7,064 $ 37,978
Receivables, less allowance for doubtful accounts of $730 at March 31, 2018 and $652 at December 31, 2017 29,285 21,381
Inventories 18,258 12,863
Prepaid expenses 2,716 1,835
Refundable income taxes 776 1,017
Total current assets 58,099 75,074
Property, plant and equipment 113,935 106,716
Less accumulated depreciation and amortization (55,148) (53,064)
Net property, plant and equipment 58,787 53,652
Goodwill 51,838 7,322
Intangible assets, net 23,186
Non-qualified deferred compensation plan 2,126 2,015
Other assets 188 144
Total assets 194,224 138,207
Current liabilities:    
Accounts payable 5,412 4,180
Accrued expenses 5,540 5,466
Deferred revenue 3,130 297
Current portion of long-term debt 2,857
Total current liabilities 16,939 9,943
Long-term debt, excluding current portion 46,429
Deferred income taxes 2,620 2,440
Non-qualified deferred compensation plan 2,148 2,030
Other liabilities 67 82
Total liabilities 68,203 14,495
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $.01 par value, 1,000,000 shares authorized; zero shares issued or outstanding
Common stock, $.01 par value, 20,000,000 shares authorized; 7,351,172 and 7,321,613 shares issued and outstanding, respectively at March 31, 2018; 7,309,909 and 7,280,350 shares issued and outstanding, respectively at December 31, 2017 73 73
Additional paid-in capital 27,291 26,664
Retained earnings 99,244 97,562
Treasury stock at cost, 29,559 shares at March 31, 2018 and 29,559 at December 31, 2017 (587) (587)
Total stockholders’ equity 126,021 123,712
Total liabilities and stockholders' equity $ 194,224 $ 138,207