Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 18,993 $ 7,768
Receivables (net of allowance of $5.0 million and $3.4 million, respectively) 168,238 127,958
Contract assets 28,575 8,049
Inventories 532,371 500,864
Other current assets 48,198 36,389
Current assets held-for-sale 0 93,002
Total current assets 796,375 774,030
Noncurrent assets:    
Property and equipment (net of accumulated depreciation of $42.6 million and $37.4 million, respectively) 72,571 58,076
Intangible assets (net of accumulated amortization of $74.0 million and $135.6 million, respectively) 165,389 114,130
Goodwill 390,135 351,781
Operating lease right-of-use assets 34,419 28,684
Other assets 35,409 23,637
Total assets 1,494,298 1,350,338
Current liabilities:    
Current portion of long-term debt 30,000 22,500
Accounts payable 144,645 173,036
Accrued expenses and other current liabilities 49,159 36,383
Dividends payable 1,842 1,576
Current liabilities held-for-sale 0 53,391
Total current liabilities 225,646 286,886
Noncurrent liabilities:    
Long-term debt, less current portion 433,508 406,844
Deferred compensation 7,561 7,939
Long-term operating lease obligations 36,515 24,959
Deferred tax liabilities 4,317 6,985
Other long-term liabilities 5,435 0
Total liabilities 712,982 733,613
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 23,000,000 shares; issued and outstanding 18,420,008 and 15,756,918, respectively 921 788
Additional paid-in capital 403,666 229,103
Retained earnings 371,872 384,702
Accumulated other comprehensive income 4,857 2,132
Total stockholders' equity 781,316 616,725
Total liabilities and stockholders' equity $ 1,494,298 $ 1,350,338