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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 52,966 $ 112,521
Restricted cash 4,623 0
Accounts receivable, net 121,801 97,989
Inventories, net 122,366 97,474
Prepaid expenses and other current assets 6,217 6,856
Income tax receivable 55 77
Deferred income taxes 7,296 5,048
Total current assets 315,324 319,965
Property, plant, and equipment, net 90,015 76,135
Goodwill 43,116 30,739
Intangible assets, net 32,926 24,614
Deferred income taxes 8,474 6,146
Other assets 5,365 5,471
Total assets 495,220 463,070
Current liabilities:    
Accounts payable 93,843 69,991
Line of credit 50,000 0
Accrued compensation 37,452 40,656
Accrued sales discounts, rebates and royalties 7,618 8,097
Accrued income taxes 4,745 4,263
Other accrued expenses 21,466 13,358
Total current liabilities 215,124 136,365
Long-term liabilities:    
Long-term contingent consideration 11,751 0
Deferred income taxes 7,891 8,456
Income tax payable 629 566
Other long-term liabilities 1,917 2,062
Total liabilities $ 237,312 $ 147,449
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding $ 0 $ 0
Common stock, $0.01 par value, 50,000,000 shares authorized; 23,176,277 and 22,909,884 shares issued on December 31, 2015 and 2014, respectively 232 229
Paid-in capital 228,269 214,710
Treasury stock, at cost, 8,824,768 and 7,008,475 shares on December 31, 2015 and 2014, respectively (210,333) (120,938)
Accumulated other comprehensive income (loss) (15,799) (4,446)
Retained earnings 255,240 226,066
Universal Electronics Inc. stockholders' equity 257,609 315,621
Noncontrolling interest 299 0
Total stockholders' equity 257,908 315,621
Total liabilities and stockholders' equity $ 495,220 $ 463,070