Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Balance Sheets

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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 4,163 $ 305
Receivables (net of allowance of $2.5 million and $2.0 million, respectively) 114,154 90,599
Unbilled receivables 6,229 7,409
Inventories 427,822 380,438
Other current assets 14,797 15,202
Current assets held-for-sale 107,059 54,925
Total current assets 674,224 548,878
Noncurrent assets:    
Property and equipment (net of accumulated depreciation of $33.6 million and $30.7 million, respectively) 43,992 40,501
Intangible assets (net of accumulated amortization of $128.8 million and $121.3 million, respectively) 82,818 86,558
Goodwill 222,023 217,262
Operating lease - right-of-use assets 20,194 21,558
Other assets 30,220 29,019
Non-current assets held-for-sale 0 56,013
Total assets 1,073,471 999,789
Current liabilities:    
Current portion of long-term debt 10,000 10,000
Accounts payable 104,566 128,504
Accrued expenses and other current liabilities 30,295 31,889
Dividends payable 1,290 1,282
Current liabilities held-for-sale 64,070 52,929
Total current liabilities 210,221 224,604
Noncurrent liabilities:    
Long-term debt, less current portion 365,110 276,300
Deferred compensation 7,651 7,398
Long-term operating lease obligations 17,609 19,154
Deferred tax liabilities 3,743 4,986
Non-current liabilities held-for-sale 0 17,821
Total liabilities 604,334 550,263
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 23,000,000 shares; issued and outstanding 12,897,544 and 12,816,613, respectively 645 641
Additional paid-in capital 96,471 92,620
Retained earnings 366,690 351,297
Accumulated other comprehensive income 5,331 4,968
Total stockholders' equity 469,137 449,526
Total liabilities and stockholders' equity $ 1,073,471 $ 999,789