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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 29,911 $ 52,628
Trade accounts receivable, net of allowance for doubtful accounts of $333 and $291, respectively 11,383 7,219
Inventory 30,302 30,974
Prepaid income taxes 3,146 3,148
Prepaid expenses and other 1,880 2,430
Total current assets 76,622 96,399
Long-term inventory, net of allowance for obsolescence of $21 and $19, respectively 3,873 3,980
Rental equipment, net of accumulated depreciation of $173,282 and $165,428, respectively 190,704 175,886
Property and equipment, net of accumulated depreciation of $11,777 and $11,556, respectively 20,146 16,587
Right of use assets - operating leases, net of accumulated amortization $83 494 0
Goodwill 10,039 10,039
Intangibles, net of accumulated amortization of $1,821 and $1,758, respectively 1,338 1,401
Other assets 1,339 1,109
Total assets 304,555 305,401
Current Liabilities:    
Accounts payable 2,579 2,122
Accrued liabilities 3,999 8,743
Current operating leases 129 0
Deferred income 113 81
Total current liabilities 6,820 10,946
Line of credit 417 417
Deferred income tax liability 32,514 32,158
Long-term operating leases 365 0
Other long-term liabilities 1,869 1,699
Total liabilities 41,985 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; 13,138 and 13,005 shares issued and outstanding, respectively 131 130
Additional paid-in capital 109,218 107,760
Retained earnings 153,221 152,291
Total stockholders' equity 262,570 260,181
Total liabilities and stockholders' equity $ 304,555 $ 305,401