Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 23,750 $ 30,513
Accounts receivable (net of allowances of $1,281 and $1,460, respectively) 70,067 74,012
Inventories 218,040 209,271
Prepaid expenses and other current assets 7,502 6,429
Total current assets 319,359 320,225
Property, Plant and Equipment, net 53,887 54,937
Other Assets    
Operating lease right-of-use assets 25,218 19,223
Goodwill 186,479 193,610
Other intangible assets, net 222,821 229,936
Deferred tax assets, net 509 500
Other assets 7,362 7,266
Total Assets 815,635 825,697
Current Liabilities    
Accounts payable 58,592 55,662
Accrued expenses and other current liabilities 25,949 32,173
Current portion of operating lease liabilities 7,273 7,370
Current portion of long-term debt 3,750 3,750
Total current liabilities 95,564 98,955
Non-Current Liabilities    
Long-term debt 422,379 417,929
Deferred tax liabilities, net 32,021 31,579
Operating lease liabilities, less current portion 20,133 14,336
Other liabilities 11,551 11,208
Total Liabilities 581,648 574,007
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, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value; 220,000,000 shares authorized; 43,058,541 and 42,853,468 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 4 4
Additional paid-in capital 367,026 365,721
Accumulated deficit (132,680) (123,284)
Accumulated other comprehensive (loss) income (363) 9,249
Total stockholders’ equity 233,987 251,690
Total Liabilities and Stockholders’ Equity $ 815,635 $ 825,697