Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 24,249 $ 28,676
Accounts receivable (net of allowances of $1,185 and $1,614, respectively) 68,181 66,653
Inventories 216,803 218,975
Prepaid expenses and other current assets 5,624 10,530
Total current assets 314,857 324,834
Property, Plant and Equipment, net 54,630 58,092
Other Assets    
Operating lease right-of-use assets 21,233 18,238
Goodwill 192,506 193,139
Other intangible assets, net 231,189 245,376
Deferred tax assets, net 490 539
Other assets 10,486 8,785
Total Assets 825,391 849,003
Current Liabilities    
Accounts payable 51,201 47,002
Accrued expenses and other current liabilities 30,327 27,488
Current portion of operating lease liabilities 8,414 8,804
Current portion of long-term debt 3,750 3,750
Total current liabilities 93,692 87,044
Non-Current Liabilities    
Long-term debt 424,480 432,172
Deferred tax liabilities, net 33,466 32,585
Operating lease liabilities, less current portion 15,883 12,664
Other liabilities 10,192 9,987
Total Liabilities 577,713 574,452
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 September 30, 2023 and December 31, 2022 0 0
Common stock, $0.0001 par value; 220,000,000 shares authorized; 42,797,861 and 41,994,355 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 4 4
Additional paid-in capital 366,313 360,777
Accumulated deficit (115,932) (85,188)
Accumulated other comprehensive loss (2,707) (1,042)
Total stockholders’ equity 247,678 274,551
Total Liabilities and Stockholders’ Equity $ 825,391 $ 849,003