Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 45,404 $ 50,638
Accounts receivable, net of allowance for doubtful accounts of $485 and $460, respectively 8,259 7,751
Inventories 42,937 42,048
Prepaid expenses and other 6,697 6,388
Total current assets 103,297 106,825
Property, plant and equipment, net 61,961 64,061
Operating lease right-of-use assets 21,777  
Investment securities - trading 1,405 1,308
Intangible assets, net 609 618
Deferred income tax assets 8,786 9,056
Other assets 10,944 11,148
Total assets 208,779 193,016
Current liabilities:    
Accounts payable 4,911 5,219
Accrued volume incentives and service fees 20,772 20,562
Accrued liabilities 28,520 34,801
Deferred revenue 1,232 1,197
Related party note 1,530 1,530
Income taxes payable 1,286 3,378
Current portion of operating lease liabilities 4,088  
Total current liabilities 62,339 66,687
Liability related to unrecognized tax benefits 2,128 2,192
Long-term portion of operating lease liabilities 18,818  
Deferred compensation payable 1,405 1,308
Long-term deferred income tax liabilities 1,548 1,556
Other liabilities 519 705
Total liabilities 86,757 72,448
Shareholders’ equity:    
Common stock, no par value, 50,000 shares authorized, 19,273 and 19,204 shares issued and outstanding, respectively 133,725 133,684
Accumulated deficit (315) (2,072)
Noncontrolling interests 35 63
Accumulated other comprehensive loss (11,423) (11,107)
Total shareholders’ equity 122,022 120,568
Total liabilities and shareholders' equity $ 208,779 $ 193,016