v3.22.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 84,285 $ 75,595
Accounts receivable, net of allowance for doubtful accounts of $4,997 in 2022 and $5,271 in 2021 103,714 111,760
Inventories 72,238 67,745
Prepaid expenses and other current assets 26,531 22,191
Total current assets 286,768 277,291
Property and equipment, net 21,391 21,783
Operating lease right-of-use assets 8,027 9,288
Intangible assets, net 59,815 65,513
Goodwill 148,304 148,657
Deferred income tax 23,548 23,161
Other assets 20,230 18,595
Total assets 568,083 564,288
Current liabilities:    
Accounts payable 34,342 36,405
Accrued liabilities 47,185 48,135
Deferred revenue 26,846 25,097
Current portion of operating lease liabilities 4,482 4,964
Total current liabilities 112,855 114,601
Liabilities, Noncurrent [Abstract]    
Other liabilities 17,128 17,237
Operating lease liabilities 5,755 6,567
Deferred income tax 1,451 1,133
Total liabilities 137,189 139,538
Stockholders’ equity:    
Common stock, $0.001 par value, 120,000,000 shares authorized; shares issued and outstanding 34,576,100 in 2022 and 34,225,682 in 2021 359,319 353,737
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding in 2021 and 2020 0 0
Retained earnings 86,389 84,486
Accumulated other comprehensive loss (14,814) (13,473)
Total stockholders’ equity 430,894 424,750
Total liabilities and stockholders’ equity $ 568,083 $ 564,288

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