Supplementary Balance Sheet Information
|12 Months Ended|
Dec. 31, 2017
|Balance Sheet Related Disclosures [Abstract]|
|Supplemental Balance Sheet Disclosures||
NOTE 3 — SUPPLEMENTARY BALANCE SHEET INFORMATION
Accounts Receivable, net:
Accounts receivable is net of allowances for doubtful accounts of approximately $0.8 million and $1.2 million and sales returns of approximately $210,000 and $210,000 at December 31, 2017 and 2016, respectively.
Inventory is net of a provision for excess and obsolete inventory totaling approximately $1.9 million and $1.7 million at December 31, 2017 and 2016, respectively.
Property, Plant, and Equipment, net:
The cost basis of assets held under capital lease was $378,000, which was fully depreciated as of December 31, 2017. The cost basis of assets held under capital lease was $378,000 and the accumulated depreciation related to assets held under capital lease was $227,000 as of December 31, 2016.
During 2017, the Company recognized a non-cash, pre-tax charge related to the disposal of internally developed software of $505,000, primarily due to the decision to cancel future deployments of a new ERP system.
The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity.
Reference 1: http://www.xbrl.org/2003/role/presentationRef