Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Balance Sheets

v3.19.3
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,095 $ 162
Receivables, net 69,793 60,004
Unbilled receivables, net 54,151 41,255
Inventories, net 202,811 166,392
Other current assets 12,652 13,407
Total current assets 340,502 281,220
Property and equipment, net 43,792 49,606
Intangible assets, net 142,907 94,892
Goodwill 259,212 198,622
Operating lease right-of-use assets 24,375 0
Other assets 16,845 14,488
Total assets 827,633 638,828
Current liabilities:    
Current portion of long-term debt 10,716 9,466
Accounts payable 71,668 57,408
Current portion of earn-out obligation 10,700 0
Accrued expenses and other current liabilities 45,314 37,133
Dividends payable 987 871
Total current liabilities 139,385 104,878
Long-term debt, less current portion 257,815 151,133
Deferred compensation 17,417 17,027
Long-term lease obligations, less current portion 0 18,913
Long-term operating lease liabilities 25,124 0
Earn-out obligation 14,300 0
Deferred tax liabilities 17,732 18,482
Total liabilities 471,773 310,433
Commitments and contingencies (Note 6)
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 10,970,123 and 10,886,036, respectively 549 544
Additional paid-in capital 29,411 26,632
Retained earnings 327,191 301,073
Accumulated other comprehensive (loss) income (1,291) 146
Total stockholders' equity 355,860 328,395
Total liabilities and stockholders' equity $ 827,633 $ 638,828