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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and temporary investments $ 57,521 $ 26,072
Accounts receivable, net of allowance for doubtful accounts of $1,295 and $1,106 at December 31, 2020 and December 31, 2019, respectively 141,642 168,619
Inventories, net 83,939 87,965
Prepaid expenses 3,167 4,796
Total current assets 286,269 287,452
NONCURRENT ASSETS:    
Property, plant and equipment, net 98,620 90,735
Right-of-use assets - operating leases 1,468 1,640
Goodwill 11,619 11,619
Other assets 434 521
TOTAL ASSETS 398,410 391,967
CURRENT LIABILITIES:    
Accounts payable 85,534 95,750
Accrued liabilities 24,773 27,813
Current portion of operating lease obligation 354 330
Current portion of finance lease obligation 21 21
Short-term obligations   368
Total current liabilities 110,682 124,282
NONCURRENT LIABILITIES    
Long-term obligations   4,998
Noncurrent portion of operating lease obligation 1,116 1,307
Noncurrent portion of finance lease obligation 15 37
Deferred income tax liabilities 4,144 3,416
Total liabilities 115,957 134,040
COMMITMENTS AND CONTINGENCIES (Note 5)
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, 11,405,468 and 11,400,102, outstanding at December 31, 2020 and December 31, 2019, respectively 114 114
Additional paid-in capital 151,249 151,055
Accumulated surplus 133,879 112,261
Accumulated other comprehensive loss (2,789) (5,503)
Total shareholders' equity 282,453 257,927
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 398,410 $ 391,967