Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 26,632 $ 28,676
Accounts receivable (net of allowances of $1,699 and $1,614, respectively) 66,472 66,653
Inventories 218,397 218,975
Prepaid expenses and other current assets 8,979 10,530
Total current assets 320,480 324,834
Property, Plant and Equipment, net 57,313 58,092
Other Assets    
Operating lease right-of-use assets 16,695 18,238
Goodwill 194,521 193,139
Other intangible assets, net 241,923 245,376
Deferred tax assets, net 349 539
Other assets 8,985 8,785
Total Assets 840,266 849,003
Current Liabilities    
Accounts payable 50,145 47,002
Accrued expenses and other current liabilities 36,095 27,488
Current portion of operating lease liabilities 8,877 8,804
Current portion of long-term debt 3,750 3,750
Total current liabilities 98,867 87,044
Non-Current Liabilities    
Long-term debt 427,599 432,172
Deferred tax liabilities, net 32,586 32,585
Operating lease liabilities, less current portion 10,748 12,664
Other liabilities 9,921 9,987
Total Liabilities 579,721 574,452
Commitments and Contingencies (Note 8) 0 0
Stockholders’ Equity    
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Common stock, $0.0001 par value; 220,000,000 shares authorized; 42,244,966 and 41,994,355 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 4 4
Additional paid-in capital 362,164 360,777
Accumulated deficit (104,985) (85,188)
Accumulated other comprehensive income (loss) 3,362 (1,042)
Total stockholders’ equity 260,545 274,551
Total Liabilities and Stockholders’ Equity $ 840,266 $ 849,003