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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 169,957 $ 185,633
Accounts receivable, net 59,821 64,616
Inventories, net 47,058 47,391
Prepaid expenses and other current assets 27,231 26,295
Total current assets 304,067 323,935
Non-current assets:    
Property, plant and equipment, net 21,921 23,091
Operating lease right-of-use asset 24,616 26,107
Goodwill 56,269 57,541
Intangible assets, net 13,254 13,301
Service and sales demonstration inventory, net 31,323 31,831
Deferred income tax assets, net 46,208 47,450
Other long-term assets 2,300 2,336
Total assets 499,958 525,592
Current liabilities:    
Accounts payable 15,969 14,121
Accrued liabilities 29,775 42,593
Income taxes payable 567 3,442
Current portion of unearned service revenues 37,842 39,149
Customer deposits 3,650 2,807
Lease liability 5,596 5,835
Total current liabilities 93,399 107,947
Unearned service revenues - less current portion 21,476 21,757
Lease liability - less current portion 20,965 22,131
Deferred income tax liabilities 642 787
Income taxes payable - less current portion 11,583 11,583
Other long-term liabilities 1,110 1,084
Total liabilities 149,175 165,289
Commitments and contingencies - See Note 12
Shareholders’ equity:    
Common Stock, Value, Issued 19 19
Additional paid-in capital 291,603 287,979
Retained earnings 110,287 113,508
Accumulated other comprehensive loss (20,334) (10,160)
Common stock in treasury, at cost; 1,382,367 and 1,393,643 shares, respectively (30,792) (31,043)
Total shareholders’ equity 350,783 360,303
Total liabilities and shareholders’ equity $ 499,958 $ 525,592