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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 18,688 $ 22,894
Short-term bank deposits 8,122 5,089
Accounts receivable, net 19,151 15,657
Other current assets and prepaid expenses 3,025 2,604
Inventory, net 36,664 35,477
Total current assets 85,650 81,721
NON-CURRENT ASSETS:    
Investment in First Aviation Services Inc. 169 2,556
Funds in respect of employee rights upon retirement 2,626 2,496
Deferred income taxes 890 $ 879
Intangible assets, net 1,314
Property, plant and equipment, net 18,934 $ 11,524
Total non-current assets 23,933 17,455
Total assets 109,583 99,176
CURRENT LIABILITIES:    
Accounts payable 7,022 5,886
Accrued expenses 7,815 5,060
Total current liabilities 14,837 10,946
NON CURRENT LIABILITIES:    
Other long-term liabilities 189 34
Liability in respect of employee rights upon retirement 2,871 $ 2,655
Deferred income taxes 262
Total non-current liabilities $ 3,322 $ 2,689
COMMITMENTS AND CONTINGENT LIABILITIES (NOTE 12)
Total liabilities $ 18,159 $ 13,635
EQUITY:    
Authorized: 10,000,000 shares at December 31, 2015 and 2014; Issued: 9,082,817 shares at December 31, 2015 and 2014; Outstanding: 8,808,344 shares at December 31, 2015 and 2014 2,793 2,793
Additional paid-in capital 64,529 64,491
Treasury shares, at cost, 274,473 shares at December 31, 2015 and 2014 (2,088) $ (2,088)
Accumulated other comprehensive loss (4)
Retained earnings 26,194 $ 20,345
Total shareholders' equity 91,424 85,541
Total liabilities and shareholders' equity $ 109,583 $ 99,176