XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 9,368 $ 11,337
Receivables:    
Trade, net of allowance for doubtful accounts of $587 and $46, respectively 125,046 102,534
Other 12,282 7,071
Total receivables, net 137,328 109,605
Inventories, net 162,760 123,124
Prepaid expenses 11,352 10,817
Total current assets 320,808 254,883
Property, plant and equipment, net 48,315 49,321
Intangible assets, net of applicable amortization 174,801 180,950
Goodwill 21,837 22,184
Other assets 24,150 28,254
Total assets 589,911 535,592
Current liabilities:    
Current installments of other liabilities 481 5,395
Accounts payable 59,769 53,748
Deferred revenue 609 14,574
Accrued program costs 61,936 39,054
Accrued expenses and other payables 11,686 12,061
Income taxes payable 3,446 1,370
Total current liabilities 137,927 126,202
Long-term debt, net of deferred loan fees 97,313 77,486
Other liabilities, excluding current installments 8,831 10,306
Deferred income tax liabilities 17,216 16,284
Total liabilities 261,287 230,278
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 32,757,098 shares at September 30, 2018 and 32,241,866 shares at December 31, 2017 3,276 3,225
Additional paid-in capital 81,573 75,658
Accumulated other comprehensive loss (4,095) (4,507)
Retained earnings 256,005 238,953
Total stockholders' equity including treasury stock 336,759 313,329
Less treasury stock at cost, 2,450,634 shares at September 30, 2018 and December 31, 2017 (8,269) (8,269)
American Vanguard Corporation stockholders’ equity 328,490 305,060
Non-controlling interest 134 254
Total stockholders’ equity 328,624 305,314
Total liabilities and stockholders' equity $ 589,911 $ 535,592