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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 19,482 $ 52,628
Trade accounts receivable, net of allowance for doubtful accounts of $325 and $291, respectively 11,224 7,219
Inventory 30,289 30,974
Prepaid income taxes 3,102 3,148
Prepaid expenses and other 1,320 2,430
Total current assets 65,417 96,399
Long-term inventory, net of allowance of $3,371 and $19, respectively 540 3,980
Rental equipment, net of accumulated depreciation of $156,800 and $165,428, respectively 205,741 175,886
Property and equipment, net of accumulated depreciation of $12,317 and $11,556, respectively 22,101 16,587
Right of use assets - operating leases, net of accumulated amortization $130 447 0
Goodwill 0 10,039
Intangibles, net of accumulated amortization of $1,852 and $1,758, respectively 1,307 1,401
Other assets 1,443 1,109
Total assets 296,996 305,401
Current Liabilities:    
Accounts payable 4,183 2,122
Accrued liabilities 8,358 8,743
Current operating leases 107 0
Deferred income 81 81
Total current liabilities 12,729 10,946
Line of credit 417 417
Deferred income tax liability 31,229 32,158
Long-term operating leases 340 0
Other long-term liabilities 1,790 1,699
Total liabilities 46,505 45,220
Commitments and contingencies (Notes 8 and 11)
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; 13,142 and 13,005 shares issued, respectively 131 130
Additional paid-in capital 109,861 107,760
Retained earnings 140,989 152,291
Treasury Shares, at cost, 38 shares (490) 0
Total stockholders' equity 250,491 260,181
Total liabilities and stockholders' equity $ 296,996 $ 305,401