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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 5,362 $ 8,130
Accounts receivable, less allowance for doubtful accounts of $2,042 and $1,382, respectively 64,017 50,569
Accounts receivable - other 1,744 1,848
Inventory, Net, Total 67,301 64,979
Contract asset 49,236
Prepaid expenses and other current assets 9,552 11,011
TOTAL CURRENT ASSETS 197,212 136,537
PROPERTY, PLANT AND EQUIPMENT, NET 28,769 26,844
OTHER INTANGIBLE ASSETS, NET 66,312 29,061
GOODWILL 33,961 16,032
DEFERRED INCOME TAXES 2,900
OTHER ASSETS 8,832 7,564
335,086 218,938
CURRENT LIABILITIES:    
Accounts payable 24,685 19,752
Other current liabilities 14,767 12,409
Current portion of long-term debt 6,000 6,000
Current portion of acquisition-related contigent liability 941 3,061
TOTAL CURRENT LIABILITIES 46,393 41,222
LONG-TERM DEBT 111,522 32,933
LONG-TERM PENSION LIABILITY 8,705 8,319
LONG-TERM ACQUISITION-RELATED CONTINGENT LIABILITIES 5,422 7,283
DEFERRED INCOME TAXES 8,475
OTHER LONG-TERM LIABILITIES 3,648 4,213
COMMITMENTS AND CONTINGENCIES (NOTE 11)
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 - 15,202,387 and 15,081,947, respectively. 15 15
Additional paid-in capital 55,859 49,103
Retained earnings 103,032 83,129
Accumulated other comprehensive income (loss), net of tax:    
Pensions (7,673) (7,282)
Cash flow hedges 113 (90)
Foreign currency translation adjustment (425) 93
TOTAL SHAREHOLDERS' EQUITY 150,921 124,968
$ 335,086 $ 218,938