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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 121,349 $ 107,356
Short-term investments 31,957 42,994
Accounts receivable, net 57,431 69,918
Inventories, net 55,206 45,571
Deferred income tax assets, net 8,619 7,792
Prepaid expenses and other current assets 20,426 18,527
Total current assets 294,988 292,158
Property and equipment:    
Machinery and equipment 57,197 54,124
Furniture and fixtures 6,291 5,945
Leasehold improvements 18,942 18,471
Property and equipment, at cost 82,430 78,540
Less: accumulated depreciation and amortization (49,671) (42,594)
Property and equipment, net 32,759 35,946
Goodwill 41,721 26,371
Intangible assets, net 21,967 15,985
Service and sales demonstration inventory, net 33,661 33,709
Deferred income tax assets, net 4,535 4,050
Other long term assets 971 967
Total assets 430,602 409,186
Current liabilities:    
Accounts payable 11,507 11,345
Accrued liabilities 24,325 22,574
Current portion of unearned service revenues 27,212 26,114
Customer deposits 2,763 2,998
Total current liabilities 65,807 63,031
Unearned service revenues - less current portion 15,600 15,025
Deferred income tax liabilities 1,163 686
Other long-term liabilities 2,430 2,800
Total liabilities 85,000 81,542
Commitments and contingencies - See Note 16
Shareholders’ equity:    
Common stock - par value $.001, 50,000,000 shares authorized; 18,163,850 and 18,077,594 issued; 16,674,374 and 16,588,118 outstanding, respectively 18 18
Additional paid-in capital 211,227 206,996
Retained earnings 179,891 172,329
Accumulated other comprehensive loss (13,696) (19,861)
Common stock in treasury, at cost - 1,489,476 shares (31,838) (31,838)
Total shareholders’ equity 345,602 327,644
Total liabilities and shareholders’ equity $ 430,602 $ 409,186