XML 48 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 8,391 $ 6,680
Receivables:    
Trade, net of allowance for doubtful accounts of $429 and $392, respectively 103,391 74,060
Other 2,501 892
Total receivables 105,892 74,952
Inventories 158,459 139,830
Prepaid expenses 12,543 11,435
Income taxes receivable 9,628 10,088
Deferred income tax assets 6,521 6,521
Total current assets 301,434 249,506
Property, plant and equipment, net 52,148 52,468
Intangible assets, net of applicable amortization 105,442 107,007
Other assets 39,070 38,462
Total assets 498,094 447,443
Current liabilities:    
Current installments of long-term debt 70 69
Current installments of other liabilities 1,388 2,132
Accounts payable 40,185 40,702
Deferred revenue 1,479 3,788
Accrued program costs 61,956 53,630
Accrued expenses and other payables 7,036 10,178
Total current liabilities 112,114 110,499
Long-term debt, excluding current installments 99,108 51,676
Other liabilities, excluding current installments 4,482 4,143
Deferred income tax liabilities 23,330 23,330
Total liabilities 239,034 189,648
Commitments and contingent liabilities      
Stockholders' equity:    
Preferred stock, $.10 par value per share; authorized 400,000 shares; none issued      
Common stock, $.10 par value per share; authorized 40,000,000 shares; issued 31,190,906 shares at March 31, 2014 and 31,092,782 shares at December 31, 2013 3,119 3,109
Additional paid-in capital 62,171 60,160
Accumulated other comprehensive loss (861) (1,048)
Retained earnings 203,212 202,470
Total stockholders' equity including treasury stock 267,641 264,691
Less treasury stock at cost, 2,450,634 shares at March 31, 2014 and 2,380,634 shares at December 31, 2013 (8,269) (6,738)
American Vanguard Corporation stockholders' equity 259,372 257,953
Non-controlling interest (312) (158)
Total stockholders' equity 259,060 257,795
Total liabilities and stockholders' equity $ 498,094 $ 447,443