Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 71,467 $ 77,247
Accounts receivable, net of allowance for doubtful accounts of $1,102 and $1,087, respectively 11,498 10,206
Investments available for sale 2,012 2,006
Inventories 41,106 41,910
Deferred income tax assets 5,495 5,711
Prepaid expenses and other 13,533 11,514
Total current assets 145,111 148,594
Property, plant and equipment, net 35,283 32,022
Investment securities 1,004 971
Intangible assets, net 816 853
Deferred income tax assets 13,967 9,928
Other assets 7,502 7,244
Total Assets 203,683 199,612
Current liabilities:    
Accounts payable 5,174 5,664
Accrued volume incentives 20,733 19,206
Accrued liabilities 30,341 34,893
Deferred revenue 4,231 4,173
Current installments of long-term debt and revolving credit facility 1,420 2,267
Income taxes payable 1,432 2,366
Total current liabilities 63,331 68,569
Liability related to unrecognized tax benefits 12,349 12,402
Long-term debt and revolving credit facility 10,000 10,000
Deferred compensation payable 1,004 971
Other liabilities 2,418 2,411
Total long-term liabilities 25,771 25,784
Commitments and contingencies      
Shareholders' equity:    
Common stock, no par value, 50,000 shares authorized, 16,179 and 16,179 shares issued and outstanding as of March 31, 2014 and December 31, 2013, respectively 84,216 83,122
Retained earnings 44,147 36,100
Accumulated other comprehensive loss (13,782) (13,963)
Total shareholders' equity 114,581 105,259
Total Liabilities and Shareholders' Equity $ 203,683 $ 199,612