Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (unaudited)

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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 52,009 $ 56,373
Accounts receivable, net of allowance for doubtful accounts of $8,579 in 2019 and $6,960 in 2018 106,934 127,041
Inventories 78,275 79,736
Prepaid expenses and other current assets 28,022 22,625
Total current assets 265,240 285,775
Property and equipment, net 26,547 22,913
Operating lease right-of-use assets 17,217 0
Intangible assets, net 126,985 139,453
Goodwill 147,740 147,644
Deferred income tax 19,187 22,639
Other assets 25,084 19,716
Total assets 628,000 638,140
Current liabilities:    
Accounts payable 25,235 28,805
Current portion of long-term debt 35,000 35,000
Accrued liabilities 51,605 52,568
Deferred revenue 19,861 17,073
Current portion of operating lease liabilities 5,960 0
Total current liabilities 137,661 133,446
Long-term liabilities:    
Other liabilities 21,237 19,845
Operating lease liabilities 14,326 0
Long-term debt, net 44,570 69,474
Deferred income tax 8,649 16,931
Total liabilities 226,443 239,696
Stockholders’ equity:    
Common stock, $0.001 par value, 120,000,000 shares authorized; shares issued and outstanding 34,040,230 in 2019 and 33,804,379 in 2018 338,735 334,215
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding in 2019 and 2018 0 0
Retained earnings 77,780 102,261
Accumulated other comprehensive loss (14,958) (38,032)
Total stockholders’ equity 401,557 398,444
Total liabilities and stockholders’ equity $ 628,000 $ 638,140