Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 428 $ 740
Receivables, net 101,218 78,471
Inventories, net 136,340 109,123
Other current assets 20,477 9,138
Total current assets 258,463 197,472
Property and equipment, net 62,061 64,308
Intangible assets, net 126,926 143,043
Goodwill 198,622 198,545
Other assets 15,767 13,986
Total assets 661,839 617,354
Current liabilities:    
Current portion of long-term debt 21,023 17,272
Accounts payable 93,999 40,084
Current portion of earn-out obligations 0 9,678
Accrued expenses and other current liabilities 32,772 29,067
Dividends payable 648 591
Total current liabilities 148,442 96,692
Long-term debt, less current portion 193,621 215,243
Deferred compensation 12,751 11,169
Long-term lease obligations, less current portion 21,959 23,251
Earn-out obligations, less current portion 0 10,166
Deferred tax liabilities 29,872 31,524
Total liabilities 406,645 388,045
Commitments and contingencies
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 10,798,927 and 10,751,064 respectively 540 538
Additional paid-in capital 22,876 21,368
Retained earnings 231,733 207,478
Accumulated other comprehensive income (loss) 45 (75)
Total stockholders' equity 255,194 229,309
Total liabilities and stockholders' equity $ 661,839 $ 617,354