Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 740 $ 263
Receivables, net 78,471 59,391
Inventories 109,123 49,363
Deferred tax assets 3,613 1,834
Other current assets 9,423 11,517
Total current assets 201,370 122,368
Property and equipment, net 64,308 52,911
Intangible assets, net 143,043 72,209
Goodwill 198,545 92,052
Other assets 14,868 15,790
Total assets 622,134 355,330
Current liabilities:    
Current portion of long-term debt 17,557 24,837
Accounts payable 40,084 29,424
Current portion of earn-out obligations 9,678 9,455
Accrued expenses and other current liabilities 29,067 23,245
Dividends payable 591 536
Total current liabilities 96,977 87,497
Long-term debt, less current portion 216,125 23,563
Deferred compensation 11,169 12,563
Long-term lease obligations, less current portion 23,251 24,584
Earn-out obligations, less current portion 10,166 0
Deferred tax liabilities 35,137 1,634
Total liabilities $ 392,825 $ 149,841
Commitments and contingencies
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 5,375,532 and 5,358,261 respectively $ 269 $ 268
Additional paid-in capital 21,637 20,348
Retained earnings 207,478 184,873
Accumulated other comprehensive loss (75) 0
Total stockholders' equity 229,309 205,489
Total liabilities and stockholders' equity $ 622,134 $ 355,330