Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 478 $ 518
Receivables, net 103,193 76,587
Unbilled receivables 38,307 31,882
Inventories 380,707 322,702
Other current assets 26,193 32,304
Total current assets 548,878 463,993
Property and equipment, net 47,969 42,486
Intangible assets, net 90,624 108,263
Goodwill 248,837 248,753
Operating lease - right-of-use assets 34,412 27,327
Other assets 29,069 27,736
Total assets 999,789 918,558
Current liabilities:    
Current portion of long-term debt 10,000 14,162
Accounts payable 159,600 115,064
Accrued expenses and other current liabilities 53,722 49,465
Dividends payable 1,282 1,273
Total current liabilities 224,604 179,964
Long-term debt, less current portion 276,300 270,407
Deferred compensation 7,398 14,328
Long-term operating lease obligations 32,340 27,168
Deferred tax liabilities 9,621 9,108
Other long-term liabilities 0 250
Total liabilities 550,263 501,225
Commitments and contingencies (Note 13)
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 23,000,000 shares; issued and outstanding 12,816,613 and 12,726,659 respectively 641 636
Additional paid-in capital 92,620 88,515
Retained earnings 351,297 328,358
Accumulated other comprehensive income (loss) 4,968 (176)
Total stockholders' equity 449,526 417,333
Total liabilities and stockholders' equity $ 999,789 $ 918,558