Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 30,513 $ 28,676
Accounts receivable (net of allowances of $1,460 and $1,614, respectively) 74,012 66,653
Inventories 209,271 218,975
Prepaid expenses and other current assets 6,429 10,530
Total current assets 320,225 324,834
Property, Plant and Equipment, net 54,937 58,092
Other Assets    
Operating lease right-of-use assets 19,223 18,238
Goodwill 193,610 193,139
Other intangible assets, net 229,936 245,376
Deferred tax assets, net 500 539
Other assets 7,266 8,785
Total Assets 825,697 849,003
Current Liabilities    
Accounts payable 55,662 47,002
Accrued expenses and other current liabilities 32,173 27,488
Current portion of operating lease liabilities 7,370 8,804
Current portion of long-term debt 3,750 3,750
Total current liabilities 98,955 87,044
Non-Current Liabilities    
Long-term debt 417,929 432,172
Deferred tax liabilities, net 31,579 32,585
Operating lease liabilities, less current portion 14,336 12,664
Other liabilities 11,208 9,987
Total Liabilities 574,007 574,452
Commitments and Contingencies (Note 10) 0 0
Stockholders’ Equity    
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.0001 par value; 220,000,000 shares authorized; 42,853,468 and 41,994,355 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 4 4
Additional paid-in capital 365,721 360,777
Accumulated deficit (123,284) (85,188)
Accumulated other comprehensive income (loss) 9,249 (1,042)
Total stockholders’ equity 251,690 274,551
Total Liabilities and Stockholders’ Equity $ 825,697 $ 849,003