v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 76,036 $ 60,032
Accounts receivable, net of allowance for doubtful accounts of $154 and $120, respectively 9,491 14,106
Inventories 66,287 67,949
Prepaid expenses and other 8,409 7,420
Total current assets 160,223 149,507
Property, plant and equipment, net 46,291 46,162
Operating lease right-of-use assets 14,109 16,145
Investment securities - trading 692 702
Deferred income tax assets 9,495 6,859
Other assets 9,103 10,403
Total assets 239,913 229,778
Current liabilities:    
Accounts payable and related party notes payable 7,238 6,349
Accrued volume incentives and service fees 23,245 21,830
Accrued liabilities 32,096 25,591
Deferred revenue 1,337 2,255
Income taxes payable 4,675 4,117
Current portion of operating lease liabilities 4,505 4,266
Current portion of note payable 216 1,174
Total current liabilities 73,312 65,582
Liability related to unrecognized tax benefits 209 209
Long-term portion of operating lease liabilities 11,318 13,745
Deferred compensation payable 692 702
Deferred income tax liabilities 1,247 1,439
Other liabilities 1,124 1,054
Total liabilities 87,902 82,731
Shareholders’ equity:    
Common stock, no par value, 50,000 shares authorized, 19,097 and 19,093 shares issued and outstanding, respectively 122,966 121,583
Retained earnings 40,749 34,635
Noncontrolling interest 5,100 4,142
Accumulated other comprehensive loss (16,804) (13,313)
Total shareholders’ equity 152,011 147,047
Total liabilities and shareholders’ equity $ 239,913 $ 229,778

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