|
Consolidated Balance Sheets |
|
|
|
(In thousands) |
|
|
|
|
September 30, |
December 31, |
|
|
2014 |
2013 |
|
|
U.S. Dollars (In thousands) | |
|
Assets |
|
|
|
|
|
|
|
Current assets |
|
|
|
Cash and cash equivalents |
14,418 |
16,495 |
|
Short-term deposits |
9,800 |
6,000 |
|
Trade accounts receivable, net |
25,415 |
27,048 |
|
Inventories |
21,637 |
17,911 |
|
Due from affiliated companies |
- |
233 |
|
Other current assets |
2,889 |
1,913 |
|
Deferred tax asset |
638 |
938 |
|
|
|
|
|
Total current assets |
74,797 |
70,538 |
|
|
|
|
|
|
|
|
|
Fixed assets, net |
13,318 |
14,481 |
|
|
|
|
|
Long term inventory |
2,131 |
2,225 |
|
Long-term deposit |
729 |
729 |
|
Deferred tax asset |
975 |
975 |
|
Other assets, net |
339 |
339 |
|
Intangible assets, net |
1,020 |
1,008 |
|
Goodwill |
1,555 |
1,555 |
|
|
|
|
|
|
6,749 |
6,831 |
|
|
|
|
|
Total assets |
94,864 |
91,850 |
|
|
|
|
|
Liabilities and shareholders' equity |
|
|
|
|
|
|
|
Current liabilities |
|
|
|
Trade accounts payable |
7,470 |
7,753 |
|
Due to affiliated companies |
118 |
- |
|
Other current liabilities |
16,355 |
15,585 |
|
|
|
|
|
Total current liabilities |
23,943 |
23,338 |
|
|
|
|
|
Long term liabilities |
|
|
|
Liability for employee severance benefits |
913 |
858 |
|
Other long term liabilities |
4,418 |
5,758 |
|
|
5,331 |
6,616 |
|
|
|
|
|
Total liabilities |
29,274 |
29,954 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders' equity |
|
|
|
Ordinary shares NIS 0.01 par value, authorized 100,000,000 shares, |
|
|
|
32,574,626 issued as of September 30, 2014 and 32,497,902 issued as of December 31, 2013, outstanding 30,482,250 |
|
|
|
as of September 30, 2014 and 30,405,526 as of December 31, 2013 |
134 |
134 |
|
Additional paid-in capital |
63,391 |
62,966 |
|
Retained earnings |
3,963 |
694 |
|
|
67,488 |
63,794 |
|
Treasury stock, at cost (2,092,376 as of September 30, 2014 and December 31, 2013) |
(1,898) |
(1,898) |
|
|
|
|
|
Total shareholders' equity |
65,590 |
61,896 |
|
|
|
|
|
Total liabilities and shareholders' equity |
94,864 |
91,850 |
