Annual report pursuant to Section 13 and 15(d)

Consolidated and Combined Balance Sheets

v3.20.4
Consolidated and Combined Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 16,898 $ 10,395
Accounts receivable (net of allowances of $955 and $2,832, respectively) 56,423 55,031
Inventories 111,699 121,129
Prepaid expenses and other current assets 5,045 7,283
Total current assets 190,065 193,838
Property, Plant and Equipment, net 47,285 20,340
Other Assets    
Operating lease right-of-use assets 12,193 0
Goodwill 153,537 130,870
Other intangible assets, net 184,527 251,243
Deferred tax assets, net 2,671 1,368
Other assets 6,260 2,192
Total Assets 596,538 599,851
Current Liabilities    
Accounts payable 25,200 26,240
Accrued expenses and other current liabilities 29,029 28,040
Current portion of operating lease liabilities 3,623 0
Current portion of long-term debt 7,000 0
Total current liabilities 64,852 54,280
Non-Current Liabilities    
Long-term debt 172,662 0
Due to related party 0 8,400
Deferred tax liabilities, net 23,297 31,538
Operating lease liabilities, less current portion 11,324 0
Other liabilities 15,557 17,883
Total Liabilities 287,692 112,101
Commitments and Contingencies (Note 9) 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; 38,426,669 shares issued and outstanding 4 0
Additional paid-in capital 325,679 0
Accumulated deficit (25,442) 0
Accumulated other comprehensive income 8,605 0
Net parent investment 0 487,750
Total stockholders’ equity 308,846 487,750
Total Liabilities and Stockholders’ Equity $ 596,538 $ 599,851