v3.20.2
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 213 $ 734
Receivables, net 58,615 70,630
Unbilled receivables, net 41,859 46,279
Inventories, net 223,134 218,627
Other current assets 30,257 19,071
Total current assets 354,078 355,341
Property and equipment, net 36,987 43,465
Intangible assets, net 111,912 132,175
Goodwill 238,126 276,450
Operating lease - right-of-use assets 21,395 20,943
Other assets 25,064 17,490
Total assets 787,562 845,864
Current liabilities:    
Current portion of long-term debt 18,504 16,883
Accounts payable 76,183 68,099
Current portion of earn-out obligation 3,600 31,700
Accrued expenses and other current liabilities 47,472 46,514
Dividends payable 994 987
Total current liabilities 146,753 164,183
Long-term debt, less current portion 241,612 253,128
Deferred compensation 20,535 18,146
Long-term operating lease obligations 24,272 24,441
Earn-out obligation, less current portion 0 5,000
Deferred tax liabilities 11,436 17,865
Total liabilities 444,608 482,763
Commitments and contingencies (Note 7)
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 11,043,246 and 10,970,123, respectively 552 549
Additional paid-in capital 31,494 29,411
Retained earnings 312,965 334,246
Accumulated other comprehensive loss (2,057) (1,105)
Total stockholders' equity 342,954 363,101
Total liabilities and stockholders' equity $ 787,562 $ 845,864

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