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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and temporary investments $ 26,072 $ 27,037
Accounts receivable, net of allowance for doubtful accounts of $1,106 and $1,112 at December 31, 2019 and December 31, 2018, respectively 168,619 149,142
Inventories, net 87,965 93,767
Prepaid expenses 4,796 3,272
Total current assets 287,452 273,218
NONCURRENT ASSETS:    
Property, plant and equipment, net 90,735 82,850
Right-of-use assets - operating leases 1,640
Goodwill 11,619 11,619
Other assets 521 497
TOTAL ASSETS 391,967 368,184
CURRENT LIABILITIES:    
Accounts payable 95,750 98,220
Accrued liabilities 27,813 24,863
Current portion of operating lease obligation 330
Current portion of finance lease obligation 21 20
Long-term obligations due within one year 368 285
Total current liabilities 124,282 123,388
NONCURRENT LIABILITIES:    
Long-term obligations 4,998 15,475
Noncurrent portion of operating lease obligation 1,307
Noncurrent portion of finance lease obligation 37 58
Deferred income tax liabilities 3,416 1,700
Total liabilities 134,040 140,621
COMMITMENTS AND CONTINGENCIES (Notes 6 and 7)
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, 11,400,102 and 11,394,546, outstanding at December 31, 2019 and December 31, 2018, respectively 114 114
Additional paid-in capital 151,055 150,905
Accumulated surplus 112,261 81,354
Accumulated other comprehensive loss (5,503) (4,810)
Total shareholders' equity 257,927 227,563
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 391,967 $ 368,184