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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 10,054 $ 6,677
Trade and other receivables, less allowance for doubtful accounts of $558 and $660 30,162 34,394
Contract assets 84,093 74,271
Inventories 33,513 39,376
Prepaid expenses and other 3,983 4,795
Total current assets 161,805 159,513
Property and equipment, less accumulated depreciation and amortization of $81,050 and $76,861 100,285 103,447
Other assets 16,962 8,390
Total assets 279,052 271,350
Current liabilities:    
Accounts payable 12,694 19,784
Accrued liabilities 10,725 7,963
Contract liabilities 13,986 3,745
Total current liabilities 37,405 31,492
Borrowings on line of credit 11,464
Other long-term liabilities 17,205 9,804
Total liabilities 54,610 52,760
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued or outstanding
Common stock, $.01 par value, 15,000,000 shares authorized, 9,744,827 and 9,735,055 shares issued and outstanding 97 97
Additional paid-in-capital 119,510 118,835
Retained earnings 106,568 101,194
Accumulated other comprehensive loss (1,733) (1,536)
Total stockholders’ equity 224,442 218,590
Total liabilities and stockholders’ equity $ 279,052 $ 271,350