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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 39,992 $ 52,628
Trade accounts receivable, net of allowance for doubtful accounts of $299 and $291, respectively 10,298 7,219
Inventory 35,499 30,974
Prepaid income taxes 3,100 3,148
Prepaid expenses and other 1,702 2,430
Total current assets 90,591 96,399
Long-term inventory, net of allowance for obsolescence of $19 3,997 3,980
Rental equipment, net of accumulated depreciation of $168,466 and $165,428, respectively 179,442 175,886
Property and equipment, net of accumulated depreciation of $11,665 and $11,556, respectively 17,134 16,587
Right of use assets - operating leases, net of accumulated amortization $36 541 0
Goodwill 10,039 10,039
Intangibles, net of accumulated amortization of $1,789 and $1,758, respectively 1,370 1,401
Other assets 1,243 1,109
Total assets 304,357 305,401
Current Liabilities:    
Accounts payable 3,450 2,122
Accrued liabilities 4,341 8,743
Current operating leases 148 0
Deferred income 133 81
Total current liabilities 8,072 10,946
Line of credit 417 417
Deferred income tax liability 32,315 32,158
Long-term operating leases 393 0
Other long-term liabilities 1,764 1,699
Total liabilities 42,961 45,220
Commitments and contingencies (Note 9)
Stockholders’ Equity:    
Preferred stock, 5,000 shares authorized, no shares issued or outstanding 0 0
Common stock, 30,000 shares authorized, par value $0.01; 13,133 and 13,005 shares issued and outstanding, respectively 131 130
Additional paid-in capital 108,617 107,760
Retained earnings 152,648 152,291
Total stockholders' equity 261,396 260,181
Total liabilities and stockholders' equity $ 304,357 $ 305,401