v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 56,984 $ 86,184
Accounts receivable, net of allowance for doubtful accounts of $673 and $143, respectively 9,977 8,871
Inventories 67,603 60,852
Prepaid expenses and other 8,237 8,760
Total current assets 142,801 164,667
Property, plant and equipment, net 47,354 50,857
Operating lease right-of-use assets 16,541 18,349
Investment securities - trading 692 964
Deferred income tax assets 7,011 13,590
Other assets 9,109 10,447
Total assets 223,508 258,874
Current liabilities:    
Accounts payable 7,475 9,702
Accrued volume incentives and service fees 21,177 23,131
Accrued liabilities 24,856 31,600
Deferred revenue 1,460 3,694
Related party notes payable 0 302
Income taxes payable 3,582 2,647
Current portion of operating lease liabilities 4,065 4,350
Current portion of note payable 1,272 1,244
Total current liabilities 63,887 76,670
Liability related to unrecognized tax benefits 213 0
Long-term portion of operating lease liabilities 14,474 15,919
Long-term note payable 216 1,174
Deferred compensation payable 692 964
Deferred income tax liabilities 1,218 1,566
Other liabilities 1,054 1,177
Total liabilities 81,754 97,470
Shareholders’ equity:    
Common stock, no par value, 50,000 shares authorized, 19,166 and 19,724 shares issued and outstanding, respectively 121,242 133,382
Retained earnings 32,681 35,025
Noncontrolling interest 4,012 3,202
Accumulated other comprehensive loss (16,181) (10,205)
Total shareholders’ equity 141,754 161,404
Total liabilities and shareholders’ equity $ 223,508 $ 258,874

Source