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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 53,207 $ 62,438
Restricted cash 0 4,901
Accounts receivable, net 144,689 151,578
Contract assets 25,572 0
Inventories, net 144,350 162,589
Prepaid expenses and other current assets 11,638 11,687
Assets held for sale 0 12,517
Income tax receivable 997 1,587
Total current assets 380,453 407,297
Property, plant and equipment, net 95,840 110,962
Goodwill 48,485 48,651
Intangible assets, net 24,370 29,041
Deferred income taxes 1,833 7,913
Other assets 4,615 4,566
Total assets 555,596 608,430
Current liabilities:    
Accounts payable 107,282 119,165
Line of credit 101,500 138,000
Accrued compensation 33,965 34,499
Accrued sales discounts, rebates and royalties 9,574 8,882
Accrued income taxes 3,524 3,670
Other accrued liabilities 24,011 28,719
Total current liabilities 279,856 332,935
Long-term liabilities:    
Long-term contingent consideration 8,435 13,400
Deferred income taxes 930 4,423
Income tax payable 1,647 2,520
Other long-term liabilities 1,768 1,603
Total liabilities 292,636 354,881
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; 23,932,703 and 23,760,434 shares issued on December 31, 2018 and 2017, respectively 239 238
Paid-in capital 276,103 265,195
Treasury stock, at cost, 10,116,459 and 9,702,874 shares on December 31, 2018 and 2017, respectively (275,889) (262,065)
Accumulated other comprehensive income (loss) (20,281) (16,599)
Retained earnings 282,788 266,780
Total stockholders' equity 262,960 253,549
Total liabilities and stockholders' equity $ 555,596 $ 608,430