Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current Assets:
Cash	$ 10,629	$ 14,393
Restricted Cash	77	140
Trade Accounts Receivable, Net of Allowance for Doubtful Accounts of $277 and $300, Respectively	13,179	11,430
Inventories, Net	23,456	23,814
Prepaid Expenses and Other Current Assets	2,079	1,900
Due from Insurance Company	0	177
Deferred Income Taxes	94	92
Total Current Assets	49,514	51,946
Property, Equipment and Improvements, Net	7,999	9,038
Goodwill	19,965	16,283
Other Intangible Assets, Net	7,194	3,946
Security Deposits and Other Non-Current Assets	72	309
Total Assets	84,744	81,522
Current Liabilities:
Accounts Payable	7,292	6,494
Accrued Compensation and Related Benefits	1,258	2,377
Accrued Expenses and Other Current Liabilities	2,606	1,749
Income Taxes Payable	172	227
Total Current Liabilities	11,328	10,847
Deferred Income Taxes	5,538	4,631
Other Non-Current Liabilities	18	28
Total Liabilities	16,884	15,506
Commitments and Contingencies (Note 7)
Shareholders' Equity:
Preferred Stock – Par Value $.10 Per Share; Authorized 1,000,000 Shares; None Issued
Common Stock – Par Value $.10 Per Share; Authorized 40,000,000 Shares; Issued – 19,324,723 Shares and 19,181,815 Shares, Respectively; Outstanding – 15,308,971 Shares and 15,322,155 Shares, Respectively	1,932	1,918
Capital in Excess of Par Value	178,163	177,007
Accumulated Deficit	(90,542)	(94,051)
Accumulated Other Comprehensive Loss	(3,080)	(907)
Treasury Stock - at Cost; 4,015,752 Shares and 3,859,660 Shares at December 31, 2016 and 2015, Respectively	(18,443)	(17,808)
Total Ultralife Corporation Equity	68,030	66,159
Non-Controlling Interest	(170)	(143)
Total Shareholders’ Equity	67,860	66,016
Total Liabilities and Shareholders' Equity	$ 84,744	$ 81,522

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.