Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 47,692 $ 32,284
Accounts receivable, net of allowance for doubtful accounts of $187 and $205, respectively 10,927 7,738
Investments available for sale 0 1,776
Assets held for sale 998 521
Inventories 49,442 47,597
Prepaid expenses and other 5,253 4,585
Total current assets 114,312 94,501
Property, plant and equipment, net 70,175 73,272
Investment securities - trading 1,907 1,391
Intangible assets, net 984 976
Deferred income tax assets 21,395 21,590
Other assets 13,436 13,840
Total assets 222,209 205,570
Current liabilities:    
Accounts payable 4,850 5,305
Accrued volume incentives and service fees 20,930 16,264
Accrued liabilities 25,040 24,400
Deferred revenue 4,790 3,672
Current portion of revolving credit facility 0 9,919
Income taxes payable 2,552 3,475
Related party note payable 500 0
Total current liabilities 58,662 63,035
Liability related to unrecognized tax benefits 4,944 6,755
Deferred compensation payable 1,907 1,391
Revolving credit facility 19,184 0
Other liabilities 1,196 1,991
Total liabilities 85,893 73,172
Commitments and contingencies
Shareholders’ equity:    
Common stock, no par value, 50,000 shares authorized, 18,902 and 18,757 shares issued and outstanding, respectively 131,141 129,654
Retained earnings 15,286 12,718
Noncontrolling interests 661 1,286
Accumulated other comprehensive loss (10,772) (11,260)
Total shareholders’ equity 136,316 132,398
Total liabilities and shareholders' equity $ 222,209 $ 205,570