2004 Consolidated Balance Sheets (Dollar and Share Amounts in Thousands except Per Share Information and as Otherwise Noted)  SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.  2004 ANNUAL REPORT – PAGE 18  2004 2003 Assets Current assets:  Cash and cash equivalents  $  33,503 49,750 Marketable securities  5,496 21,142 Trade accounts receivable net of allowance for doubtful  accounts of $5,181 and $4,070, respectively  162,500 128,756 Inventories  307,333 232,884 Deferred income tax asset  6,494 4,154 Other current assets  22,740 17,446 Refundable income taxes  — 64 Total current assets  538,066 454,196 Marketable securities  35,468 24,725 Property and equipment, less accumulated depreciation  193,446 169,553 Other assets, net  3,254 3,069 Total assets  $  770,234 651,543 Liabilities and Stockholders’ Equity Current liabilities:  Accounts payable  $  39,276 40,124 Accrued expenses  31,633 20,817 Income taxes payable  274 —  Total current liabilities  71,183 60,941 Deferred income tax liability  14,682 13,862 Stockholders’ equity:  Preferred stock, 5,000 shares authorized  — — Common stock, 100,000 shares authorized  75,877 shares issued  759 759 Additional paid-in capital  13,693 9,445 Retained earnings  662,517 561,878 Accumulated other comprehensive income  7,400 4,658  Total stockholders’ equity  684,369 576,740 Commitments (notes 5, 9, and 10)  Total liabilities and stockholders’ equity  $  770,234 651,543