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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 82,623 $ 86,433
Short-term investments 16,402 16,129
Accounts receivable, less allowance for doubtful accounts of $— at March 31, 2018 and December 31, 2017 80,883 144,150
Other receivables 35,124 26,578
Inventory, net 120,021 122,542
Prepaid expenses and other current assets 9,693 17,282
Total Current Assets 344,746 413,114
Property, plant and equipment, net 83,875 85,079
Deferred tax assets, net 21,427 23,428
Goodwill 3,492 3,492
Other assets 32,635 13,725
Long-term investments 156,472 130,256
Total Assets 642,647 669,094
Current Liabilities    
Accounts payable 50,653 60,632
Unearned revenue 13,948 13,070
Accrued expenses 13,826 13,232
Accrued wages and benefits 15,863 15,948
Income tax payable 8,277 3,936
Total Current Liabilities 102,567 106,818
Non-current unearned revenue 4,154 4,556
Other non-current liabilities 34,590 34,209
Bonds payable 25,600 25,600
Total Liabilities 166,911 171,183
Commitments and contingencies (see Note 15)
Stockholders’ Equity    
Common stock, par value $0.01 per share; 200,000 shares authorized; 79,652 shares issued and 47,914 shares outstanding at March 31, 2018 and 79,652 shares issued and 48,485 shares outstanding at December 31, 2017 797 797
Additional paid-in capital 262,333 260,515
Accumulated other comprehensive loss (5,803) (3,295)
Retained earnings 909,611 922,178
Less treasury stock at cost: 31,738 and 31,167 shares at March 31, 2018 and December 31, 2017, respectively (691,202) (682,284)
Total Stockholders’ Equity 475,736 497,911
Total Liabilities and Stockholders’ Equity $ 642,647 $ 669,094