Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 624 $ 428
Receivables, net 98,337 101,218
Inventories, net 132,591 136,340
Other current assets 16,988 20,477
Total current assets 248,540 258,463
Property and equipment, net 55,146 62,061
Intangible assets, net 110,909 126,926
Goodwill 198,622 198,622
Other assets 15,796 15,767
Total assets 629,013 661,839
Current liabilities:    
Current portion of long-term debt 6,960 21,023
Accounts payable 66,015 93,999
Accrued expenses and other current liabilities 40,243 32,772
Dividends payable 759 648
Total current liabilities 113,977 148,442
Long-term debt, less current portion 165,614 193,621
Deferred compensation 16,323 12,751
Long-term lease obligations, less current portion 20,581 21,959
Deferred tax liabilities 19,423 29,872
Total liabilities 335,918 406,645
Commitments and contingencies
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 10,838,747 and 10,798,927 respectively 542 540
Additional paid-in capital 24,470 22,876
Retained earnings 267,902 231,733
Accumulated other comprehensive income 181 45
Total stockholders' equity 293,095 255,194
Total liabilities and stockholders' equity $ 629,013 $ 661,839