Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 61,342 $ 58,969
Accounts receivable, net of allowance for doubtful accounts of $630 and $647, respectively 13,149 9,868
Investments available for sale 2,392 5,677
Inventories 41,468 41,611
Deferred income tax assets 4,263 4,395
Prepaid expenses and other 5,566 4,583
Total current assets 128,180 125,103
Property, plant and equipment, net 25,076 25,137
Investment securities 1,444 1,429
Intangible assets, net 1,114 1,151
Deferred income tax assets 16,259 16,576
Other assets 5,809 6,415
Total Assets 177,882 175,811
Current Liabilities:    
Accounts payable 4,745 5,980
Accrued volume incentives 21,470 19,326
Accrued liabilities 25,222 27,938
Deferred revenue 3,535 2,603
Current installments of long-term debt 3,308 3,296
Income taxes payable 5,706 8,655
Total current liabilities 63,986 67,798
Liability related to unrecognized tax benefits 9,165 10,426
Long-term debt 5,066 5,894
Deferred compensation payable 1,444 1,429
Other liabilities 2,428 2,826
Total long-term liabilities 18,103 20,575
Commitments and Contingencies (Note 10)      
Shareholders' Equity:    
Common stock, no par value, 50,000 shares authorized, 15,602 and 15,569 shares issued and outstanding as of March 31, 2012 and December 31, 2011, respectively 72,602 71,628
Retained earnings 33,107 25,879
Accumulated other comprehensive loss (9,916) (10,069)
Total shareholders' equity 95,793 87,438
Total Liabilities and Shareholders' Equity $ 177,882 $ 175,811