Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 518 $ 378
Receivables, net 76,587 55,471
Unbilled receivables, net 31,882 22,358
Inventories 322,702 253,422
Other current assets 32,304 23,328
Total current assets 463,993 354,957
Property and equipment, net 42,486 36,363
Intangible assets, net 108,263 103,595
Goodwill 248,753 238,126
Operating lease - right-of-use assets 27,327 20,515
Other assets 27,736 26,525
Total assets 918,558 780,081
Current liabilities:    
Current portion of long-term debt 14,162 20,379
Accounts payable 115,064 72,682
Accrued expenses and other current liabilities 49,465 45,172
Dividends payable 1,273 995
Total current liabilities 179,964 139,228
Long-term debt, less current portion 270,407 230,714
Deferred compensation 14,328 16,027
Long-term operating lease obligations 27,168 22,815
Deferred tax liabilities 9,108 14,897
Other long-term liabilities 250 83
Total liabilities 501,225 423,764
Commitments and contingencies (Note 12)
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 12,726,659 and 11,055,037 respectively 636 553
Additional paid-in capital 88,515 31,870
Retained earnings 328,358 325,097
Accumulated other comprehensive loss (176) (1,203)
Total stockholders' equity 417,333 356,317
Total liabilities and stockholders' equity $ 918,558 $ 780,081