|
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| CURRENT ASSETS: |
|
|
| Cash and cash equivalents |
$ 9,772 |
$ 16,186 |
| Short term investments |
16,551 |
3,205 |
| Receivables |
7,738 |
8,487 |
| Inventories |
26,088 |
23,637 |
| Prepaid income taxes |
2,167 |
4,531 |
| Deferred income taxes |
931 |
2,969 |
| Other current assets |
6,034 |
7,160 |
| Total current assets |
69,281 |
66,175 |
| FIXED ASSETS, net |
26,029 |
28,003 |
| OTHER ASSETS |
7,474 |
4,228 |
| Total assets |
102,784 |
98,406 |
| CURRENT LIABILITIES: |
|
|
| Accounts payable |
29,117 |
23,192 |
| Accrued payroll and related benefits |
6,723 |
1,326 |
| Deferred revenue |
4,228 |
3,343 |
| Other accrued expenses and current liabilities |
7,441 |
6,911 |
| Total current liabilities |
47,509 |
34,772 |
| NON-CURRENT LIABILITIES |
3,118 |
3,525 |
| Total liabilities |
50,627 |
38,297 |
| COMMITMENTS AND CONTINGENCIES (Note 7) |
|
|
| STOCKHOLDERS' EQUITY: |
|
|
| Preferred stock, $.001 par value (5,000 shares authorized, no shares issued and outstanding) |
0 |
0 |
| Common stock, $.001 par value (100,000 shares authorized; shares issued - 28,866 at December 31, 2013 and 28,632 at December 31, 2012) |
29 |
29 |
| Additional paid-in capital |
24,095 |
18,466 |
| Treasury stock, at cost, 158 shares at December 31, 2013 and 73 shares at December 31, 2012 |
(1,586) |
(636) |
| Retained earnings |
29,611 |
42,254 |
| Accumulated other comprehensive income (loss) |
8 |
(4) |
| Total stockholders' equity |
52,157 |
60,109 |
| Total liabilities and stockholders' equity |
$ 102,784 |
$ 98,406 |