v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 66,541 $ 86,184
Accounts receivable, net of allowance for doubtful accounts of $148 and $143, respectively 7,272 8,871
Inventories 63,928 60,852
Prepaid expenses and other 10,896 8,760
Total current assets 148,637 164,667
Property, plant and equipment, net 49,587 50,857
Operating lease right-of-use assets 18,960 18,349
Restricted investment securities - trading 888 964
Deferred income tax assets 9,836 13,590
Other assets 10,754 10,447
Total assets 238,662 258,874
Current liabilities:    
Accounts payable 8,434 9,702
Accrued volume incentives and service fees 22,513 23,131
Accrued liabilities 26,621 31,600
Deferred revenue 2,036 3,694
Related party note 0 302
Income taxes payable 2,976 2,647
Current portion of operating lease liabilities 4,537 4,350
Current installments of long-term debt and revolving credit facility 1,253 1,244
Total current liabilities 68,370 76,670
Long-term portion of operating lease liabilities 16,475 15,919
Long-term debt and revolving credit facility 857 1,174
Deferred compensation payable 888 964
Long-term deferred income tax liabilities 1,131 1,566
Other liabilities 1,163 1,177
Total liabilities 88,884 97,470
Shareholders’ equity:    
Common stock, no par value, 50,000 shares authorized, 19,461 and 19,724 shares issued and outstanding, respectively 125,417 133,382
Retained earnings 32,075 35,025
Noncontrolling interest 3,466 3,202
Accumulated other comprehensive loss (11,180) (10,205)
Total shareholders’ equity 149,778 161,404
Total liabilities and shareholders’ equity $ 238,662 $ 258,874

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