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
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 68,779 $ 82,082
Accounts receivable, net of allowance for doubtful accounts of $6,130 in 2021 and $6,213 in 2020 97,370 93,133
Inventories 71,545 75,650
Prepaid expenses and other current assets 23,977 20,837
Total current assets 261,671 271,702
Property and equipment, net 22,837 24,516
Operating lease right-of-use assets 9,946 11,669
Intangible assets, net 73,602 92,741
Goodwill 149,293 151,299
Deferred income tax 26,296 27,563
Other assets 17,606 20,904
Total assets 561,251 600,394
Current liabilities:    
Accounts payable 28,322 23,429
Current portion of long-term debt 0 50,000
Accrued liabilities 44,575 44,236
Deferred revenue 25,737 21,308
Current portion of operating lease liabilities 5,167 6,779
Total current liabilities 103,801 145,752
Liabilities, Noncurrent [Abstract]    
Other liabilities 17,732 18,451
Operating lease liabilities 7,370 8,959
Long-term debt, net of current portion 0 5,840
Deferred income tax 9,826 10,298
Total liabilities 138,729 189,300
Stockholders’ equity:    
Common stock, $0.001 par value, 120,000,000 shares authorized; shares issued and outstanding 34,132,106 in 2021 and 33,911,703 in 2020 350,457 342,828
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding in 2021 and 2020 0 0
Retained earnings 82,742 71,309
Accumulated other comprehensive loss (10,677) (3,043)
Total stockholders’ equity 422,522 411,094
Total liabilities and stockholders’ equity $ 561,251 $ 600,394