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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 2,800,000 $ 1,036,000
Accounts receivable, less allowance for doubtful accounts of $1,202,000 and $848,000, respectively 41,335,000 29,914,000
Accounts receivable - other 2,845,000 3,262,000
Prepaid expenses and other current assets 10,650,000 6,214,000
Inventories 65,713,000 63,573,000
TOTAL CURRENT ASSETS 123,343,000 103,999,000
PROPERTY, PLANT AND EQUIPMENT, NET 27,496,000 22,524,000
OTHER INTANGIBLE ASSETS, NET 23,821,000 14,222,000
GOODWILL 11,277,000 4,135,000
DEFERRED INCOME TAXES 6,690,000 4,980,000
OTHER ASSETS 2,138,000 1,871,000
194,765,000 151,731,000
CURRENT LIABILITIES:    
Accounts payable 14,658,000 11,775,000
Other current liabilities 9,812,000 8,307,000
Current portion of long-term debt 5,894,000 2,750,000
Current portion of acquisition-related contigent liabilities 1,978,000 1,787,000
TOTAL CURRENT LIABILITIES (32,342,000) (24,619,000)
LONG-TERM DEBT, net of issuance costs 38,611,000 21,131,000
LONG-TERM PENSION LIABILITY 8,318,000 8,925,000
LONG-TERM ACQUISITION-RELATED CONTINGENT LIABILITIES 7,205,000 3,866,000
OTHER LONG-TERM LIABILITIES 480,000 500,000
SHAREHOLDERS' EQUITY:    
Preferred stock, $.001 par value - authorized 300,000 shares (none issued)
Common stock, $.001 par value - authorized 50,000,000 shares, issued and outstanding - 14,422,813 and 13,917,465 respectively. 14,000 14,000
Additional paid-in capital 42,296,000 33,806,000
Retained earnings 71,166,000 65,392,000
Accumulated other comprehensive income (loss), net of tax:    
Pensions (5,695,000) (6,448,000)
Cash flow hedges (24,000) (74,000)
Foreign currency translation adjustment 52,000
TOTAL SHAREHOLDERS' EQUITY 107,809,000 92,690,000
$ 194,765,000 $ 151,731,000