Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 5,711 $ 29,505
Receivables (net of allowance of $4.6 million and $4.1 million, respectively) 169,532 158,104
Contract assets 30,879 29,960
Inventories 441,455 434,059
Prepaid expenses and other current assets 61,770 30,899
Current assets held-for-sale 259,511 282,820
Total current assets 968,858 965,347
Noncurrent assets:    
Property and equipment (net of accumulated depreciation of $23.9 million and $21.3 million, respectively) 71,175 71,041
Intangible assets (net of accumulated amortization of $80.3 million and $82.7 million, respectively) 191,023 197,157
Goodwill 423,576 428,263
Operating lease right-of-use assets 45,223 43,225
Other assets 33,127 37,597
Total assets 1,732,982 1,742,630
Current liabilities:    
Current portion of long-term debt 5,625 30,000
Accounts payable 140,780 145,492
Accrued expenses and other current liabilities 46,793 52,749
Dividends payable 2,067 2,059
Current liabilities held-for-sale 53,034 68,200
Total current liabilities 248,299 298,500
Noncurrent liabilities:    
Long-term debt, less current portion 459,381 400,173
Deferred compensation 7,212 7,262
Long-term operating lease obligations 39,346 39,498
Other long-term liabilities 3,000 9,011
Total liabilities 757,238 754,444
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 23,000,000 shares; issued and outstanding 20,669,684 and 20,590,496, respectively 1,033 1,030
Additional paid-in capital 591,650 591,600
Retained earnings 381,443 392,484
Accumulated other comprehensive income 1,618 3,072
Total stockholders' equity 975,744 988,186
Total liabilities and stockholders' equity $ 1,732,982 $ 1,742,630