Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Oct. 01, 2017	Dec. 31, 2016
Current assets:
Cash	$ 14,607	$ 10,629
Restricted Cash	81	77
Trade Accounts Receivable, Net of Allowance for Doubtful Accounts of $277 and $277, Respectively	15,741	13,179
Inventories, Net	24,922	23,456
Prepaid Expenses and Other Current Assets	2,602	2,079
Total Current Assets	57,953	49,420
Property, Equipment and Improvements, Net	7,612	7,999
Goodwill	20,381	19,965
Intangible Assets, Net	7,167	7,194
Security Deposits and Other Non-Current Assets	134	72
Deferred Income Taxes	94	94
Total Assets	93,341	84,744
Current Liabilities:
Accounts Payable	7,108	7,292
Accrued Compensation and Related Benefits	2,286	1,258
Accrued Expenses and Other Current Liabilities	3,388	2,606
Income Taxes Payable	285	172
Total Current Liabilities	13,067	11,328
Deferred Income Taxes	5,704	5,538
Other Non-Current Liabilities	28	18
Total Liabilities	18,799	16,884
Commitments and Contingencies (Note 11)
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 – 19,610,628 Shares at October 1, 2017 and 19,324,723 Shares at December 31, 2016; Outstanding – 15,590,917 Shares at October 1, 2017 and 15,308,971 at December 31, 2016	1,961	1,932
Capital in Excess of Par Value	179,794	178,163
Accumulated Deficit	(86,694)	(90,542)
Accumulated Other Comprehensive Loss	(1,887)	(3,080)
Treasury Stock - At Cost; 4,019,711 at October 1, 2017 and 4,015,752 Shares at December 31, 2016	(18,470)	(18,443)
Total Ultralife Corporation Equity	74,704	68,030
Non-Controlling Interest	(162)	(170)
Total Shareholders’ Equity	74,542	67,860
Total Liabilities and Shareholders' Equity	$ 93,341	$ 84,744

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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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.