XML 12 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 15,306 $ 15,212
Marketable securities 50,057 25
Accounts receivable, net of allowance for doubtful accounts of $2,111 and $2,390 as of June 30, 2019 and December 31, 2018, respectively 29,598 28,592
Inventories 24,216 22,942
Prepaid expenses and other current assets 3,449 2,532
Current contract assets 3,834 3,566
Current assets held for sale 0 4,871
Total current assets 126,460 77,740
Property and equipment, net 52,501 50,633
Intangible assets, net 5,197 5,661
Goodwill 14,995 15,031
Right of use assets 8,162  
Other non-current assets 5,809 5,484
Non-current contract assets 7,577 6,971
Non-current deferred income tax asset 195 226
Non-current assets held for sale 0 25,906
Total assets 220,896 187,652
Current liabilities:    
Accounts payable 16,974 16,735
Accrued compensation and employee-related expenses 4,783 4,947
Accrued other 11,467 9,602
Accrued product warranty costs 2,181 1,916
Current portion of long-term debt 2,000 9,928
Contract liabilities 8,119 7,647
Current operating lease liability 4,418  
Liability for uncertain tax positions 675 631
Current liabilities held for sale 0 4,604
Total current liabilities 50,617 56,010
Other long-term liabilities 1,599 1,920
Long-term operating lease liability 3,760  
Long-term contract liabilities 10,056 9,070
Long-term debt, excluding current portion 0 19,437
Non-current deferred income tax liability 868 887
Non-current liabilities held for sale 0 813
Total liabilities 66,900 88,137
Stockholders’ equity:    
Preferred stock, $0.01 par value. Authorized 1,000,000 shares; none issued 0 0
Common stock, $0.01 par value. Authorized 30,000,000 shares; 19,319,933 and 19,026,393 shares issued at June 30, 2019 and December 31, 2018, respectively; and 18,037,511 and 17,743,971 shares outstanding at June 30, 2019 and December 31, 2018, respectively 193 190
Additional paid-in capital 141,856 139,617
Retained earnings (accumulated deficit) 25,600 (15,397)
Accumulated other comprehensive loss (3,489) (14,731)
Stockholders equity before treasury stock adjustment 164,160 109,679
Less: treasury stock at cost, common stock, 1,282,422 shares as of June 30, 2019 and December 31, 2018 (10,164) (10,164)
Total stockholders’ equity 153,996 99,515
Total liabilities and stockholders’ equity $ 220,896 $ 187,652