Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 8,784 $ 29,505
Receivables (net of allowance of $5.4 million and $4.1 million, respectively) 176,399 158,104
Contract assets 34,027 29,960
Inventories 464,315 434,059
Prepaid expenses and other current assets 38,755 30,899
Current assets held-for-sale 0 282,820
Total current assets 722,280 965,347
Noncurrent assets:    
Property and equipment (net of accumulated depreciation of $30.8 million and $21.3 million, respectively) 82,986 71,041
Intangible assets (net of accumulated amortization of $93.5 million and $82.7 million, respectively) 201,849 197,157
Goodwill 428,705 428,263
Operating lease right-of-use assets 42,975 43,225
Note receivable 26,342 0
Other assets 55,310 37,597
Total assets 1,560,447 1,742,630
Current liabilities:    
Current portion of long-term debt 7,500 30,000
Accounts payable 112,425 145,492
Accrued expenses and other current liabilities 61,357 52,749
Dividends payable 2,069 2,059
Current liabilities held-for-sale 0 68,200
Total current liabilities 183,351 298,500
Noncurrent liabilities:    
Long-term debt, less current portion 348,596 400,173
Deferred compensation 7,331 7,262
Long-term operating lease obligations 37,609 39,498
Other long-term liabilities 220 9,011
Total liabilities 577,107 754,444
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, par value $0.05 per share; authorized 44,000,000 shares; issued and outstanding 20,686,361 and 20,590,496, respectively 1,034 1,030
Additional paid-in capital 597,210 591,600
Retained earnings 384,416 392,484
Accumulated other comprehensive income 680 3,072
Total stockholders' equity 983,340 988,186
Total liabilities and stockholders' equity $ 1,560,447 $ 1,742,630