XML 16 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and temporary investments $ 27,236 $ 27,037
Accounts receivable, net of allowance for doubtful accounts of $1,208 and $1,112 at June 30, 2019 and December 31, 2018, respectively 197,760 149,142
Inventories, net 90,973 93,767
Prepaid expenses 5,884 3,272
Total current assets 321,853 273,218
NONCURRENT ASSETS:    
Property, plant and equipment, net 87,004 82,850
Right-of-use assets - operating leases 1,547  
Goodwill 11,619 11,619
Other assets 527 497
TOTAL ASSETS 422,550 368,184
CURRENT LIABILITIES:    
Accounts payable 129,449 98,220
Accrued liabilities 26,763 24,863
Current portion of operating lease obligation 362  
Current portion of finance lease obligation 21 20
Long-term obligations due within one year 479 285
Total current liabilities 157,074 123,388
NONCURRENT LIABILITIES    
Long-term obligations 20,079 15,475
Noncurrent portion of operating lease obligation 1,182  
Noncurrent portion of finance lease obligation 47 58
Deferred income tax liabilities 1,864 1,700
Total liabilities 180,246 140,621
COMMITMENTS AND CONTINGENCIES (Notes 6 and 7)
SHAREHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized, none issued or outstanding
Common stock, $0.01 par value; 100,000,000 shares authorized, 11,400,102 and 11,394,546, outstanding at June 30, 2019 and December 31, 2018, respectively 114 114
Additional paid-in capital 151,055 150,905
Accumulated surplus 96,598 81,354
Accumulated other comprehensive loss (5,463) (4,810)
Total shareholders’ equity 242,304 227,563
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 422,550 $ 368,184