Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 114,711 $ 92,851
Marketable securities 29,498 21,033
Accounts receivable, net 34,803 30,828
Inventories, net 15,920 14,343
Deferred cost of revenue 385 398
Income tax receivable 1,500 433
Prepaid expenses and other current assets 2,030 1,659
Total current assets 198,847 161,545
Property and equipment    
Rental equipment, net 52,183 54,582
Manufacturing equipment and tooling 6,470 6,133
Computer equipment and software 5,138 4,705
Furniture and equipment 780 779
Leasehold improvements 921 816
Land and building 125 125
Construction in process 230 75
Total property and equipment 65,847 67,215
Less accumulated depreciation (43,886) (42,016)
Property and equipment, net 21,961 25,199
Goodwill 2,253  
Intangible assets, net 1,684 241
Deferred tax asset - noncurrent 25,992 26,654
Other assets 493 410
Total assets 251,230 214,049
Current liabilities    
Accounts payable and accrued expenses 21,981 12,795
Accrued payroll 4,603 6,123
Warranty reserve - current 1,962 1,688
Deferred revenue - current 3,585 2,239
Income tax payable 59  
Total current liabilities 32,190 22,845
Long-term liabilities    
Warranty reserve - noncurrent 2,691 1,792
Deferred revenue - noncurrent 7,924 7,042
Deferred tax liability - noncurrent 400  
Other noncurrent liabilities 248 282
Total liabilities 43,453 31,961
Commitments and contingencies (Note 8)
Stockholders' equity    
Common stock, $0.001 par value per share; 200,000,000 authorized; 20,709,797 and 20,389,860 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 21 20
Additional paid-in capital 205,883 194,466
Retained earnings (accumulated deficit) 1,907 (12,363)
Accumulated other comprehensive loss (34) (35)
Total stockholders' equity 207,777 182,088
Total liabilities and stockholders' equity $ 251,230 $ 214,049