Balance Sheet

v3.24.1.u1

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 10,569	$ 7,768
Receivables (net of allowance of $4.6 million and $3.4 million, respectively)	145,427	127,958
Contract assets	10,800	8,049
Inventories	521,247	500,864
Other current assets	55,053	36,389
Current assets held-for-sale	0	93,002
Total current assets	743,096	774,030
Noncurrent assets:
Property and equipment (net of accumulated depreciation of $46.8 million and $37.4 million, respectively)	66,559	58,076
Intangible assets (net of accumulated amortization of $69.6 million and $135.6 million, respectively)	110,749	114,130
Goodwill	351,112	351,781
Operating lease right-of-use assets	35,123	28,684
Other assets	30,285	23,637
Total assets	1,336,924	1,350,338
Current liabilities:
Current portion of long-term debt	30,000	22,500
Accounts payable	155,478	173,036
Accrued expenses and other current liabilities	35,988	36,383
Dividends payable	1,584	1,576
Current liabilities held-for-sale	0	53,391
Total current liabilities	223,050	286,886
Noncurrent liabilities:
Long-term debt, less current portion	451,622	406,844
Deferred compensation	7,677	7,939
Long-term operating lease obligations	31,431	24,959
Deferred tax liabilities	7,406	6,985
Other long-term liabilities	3,000	0
Total liabilities	724,186	733,613
Commitments and contingencies (Note 8)
Stockholders' equity:
Common stock, par value $0.05 per share, authorized 23,000,000 shares; issued and outstanding $15,834,164 and $15,756,918, respectively	792	788
Additional paid-in capital	230,805	229,103
Retained earnings	376,505	384,702
Accumulated other comprehensive income	4,636	2,132
Total stockholders' equity	612,738	616,725
Total liabilities and stockholders' equity	$ 1,336,924	$ 1,350,338

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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