v3.20.1
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 543 $ 734
Receivables, net 70,793 70,630
Unbilled receivables, net 43,928 46,279
Inventories, net 210,030 218,627
Other current assets 17,332 19,071
Total current assets 342,626 355,341
Property and equipment, net 37,276 43,465
Intangible assets, net 119,166 132,175
Goodwill 269,071 276,450
Operating lease - right-of-use assets 21,334 20,943
Other assets 21,936 17,490
Total assets 811,409 845,864
Current liabilities:    
Current portion of long-term debt 17,820 16,883
Accounts payable 67,709 68,099
Current portion of earn-out obligation 5,300 31,700
Accrued expenses and other current liabilities 38,345 46,514
Dividends payable 993 987
Total current liabilities 130,167 164,183
Long-term debt, less current portion 255,880 253,128
Deferred compensation 17,985 18,146
Long-term lease obligations under operating leases 25,014 24,441
Earn-out obligation, less current portion 0 5,000
Deferred tax liabilities 15,962 17,865
Total liabilities 445,008 482,763
Commitments and contingencies (Note 7)
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 11,029,169 and 10,970,123, respectively 551 549
Additional paid-in capital 31,244 29,411
Retained earnings 336,584 334,246
Accumulated other comprehensive loss (1,978) (1,105)
Total stockholders' equity 366,401 363,101
Total liabilities and stockholders' equity $ 811,409 $ 845,864

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