v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 74,902 $ 92,069
Accounts receivable, net of allowance for doubtful accounts of $446 and $454, respectively 9,979 7,375
Inventories 50,957 47,683
Prepaid expenses and other 7,851 6,938
Total current assets 143,689 154,065
Property, plant and equipment, net 52,191 54,355
Operating lease right-of-use assets 18,564 20,210
Investment securities - trading 984 989
Deferred income tax assets 7,043 8,693
Other assets 10,719 11,186
Total assets 233,190 249,498
Current liabilities:    
Accounts payable 7,781 6,486
Accrued volume incentives and service fees 19,797 19,481
Accrued liabilities 26,303 31,710
Deferred revenue 1,969 2,092
Related party notes payable 921 1,200
Income taxes payable 2,528 2,387
Current portion of operating lease liabilities 4,467 4,992
Current portion of note payable 1,226 1,306
Total current liabilities 64,992 69,654
Liability related to unrecognized tax benefits 5 92
Long-term portion of operating lease liabilities 15,416 16,412
Long-term note payable 1,800 2,418
Deferred compensation payable 984 989
Deferred income tax liabilities 1,604 1,391
Other liabilities 1,236 1,308
Total liabilities 86,037 92,264
Shareholders’ equity:    
Common stock, no par value, 50,000 shares authorized, 19,990 and 19,697 shares issued and outstanding, respectively 138,308 139,311
Retained earnings 16,728 26,030
Noncontrolling interest 2,238 1,848
Accumulated other comprehensive loss (10,121) (9,955)
Total shareholders’ equity 147,153 157,234
Total liabilities and shareholders’ equity $ 233,190 $ 249,498

Source