Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,405 $ 10,335
Short-term investments 96 1,125
Accounts receivable, net of allowances of $186 and $183, respectively 9,488 7,922
Inventory 49,229 52,245
Deferred income taxes 446 446
Other current assets 4,093 3,548
Total current assets 64,757 75,621
Property and equipment, net 32,872 34,627
Intangible assets, net carrying amount 9,325 9,984
Goodwill 18,854 18,854
Investments   2,104
Other non-current assets 1,334 1,026
Total assets 127,142 142,216
Current liabilities:    
Accounts payable 37,182 41,303
Accrued expenses 8,669 11,565
Revolving loan payable 12,908  
Current portion of long-term debt   6,250
Current portion of capital leases payable 117 135
Other current liabilities 5,273 7,702
Total current liabilities 64,149 66,955
Long-term debt, net of current portion   11,625
Capital leases payable, net of current portion 91 37
Deferred income taxes 1,849 1,596
Other non-current liabilities 1,391 1,079
Total liabilities 67,480 81,292
Commitments and contingencies      
Stockholders' equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized; 30,653,356 shares issued and outstanding at June 30, 2012, and 30,625,764 shares issued and outstanding at December 31, 2011 31 31
Additional paid-in-capital 158,309 157,140
Accumulated other comprehensive income 380 327
Accumulated deficit (99,058) (96,574)
Total stockholders' equity 59,662 60,924
Total liabilities and stockholders' equity $ 127,142 $ 142,216