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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash $ 12,253 $ 6,561
Accounts receivable, net 96,863 81,740
Inventories, net 102,754 93,903
Prepaid expenses and other current assets 5,523 4,801
Deferred income taxes 3,998 3,998
Total current assets 221,391 191,003
Property, plant & equipment, net 25,577 20,892
Intangible assets, net 33,598 21,392
Goodwill 41,800 23,546
Other noncurrent assets 7,706 5,804
TOTAL ASSETS 330,072 262,637
Current liabilities    
Accounts payable 43,943 60,877
Income taxes payable   779
Accrued compensation and benefits 3,927 5,983
Current maturities of long-term debt   1,667
Other accrued liabilities 17,655 6,742
Total current liabilities 65,525 76,048
Long-term obligations    
Revolving line of credit 99,061 78,030
Deferred income taxes 3,241 3,241
Private placement warrants 2,741 11,036
Long-term debt, less current maturities, net 53,694 2,361
Other noncurrent liabilities 1,477 1,122
TOTAL LIABILITIES $ 225,739 $ 171,838
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Series A convertible preferred stock - $0.001 par value. Authorized: 114,000 shares. Issued and outstanding: -0- shares at September 30, 2015 and December 31, 2014.
Common stock - $0.001 par value. Authorized: 50,000,000 shares. Issued: 11,580,608 and 11,562,209 shares at September 30, 2015 and December 31, 2014, respectively. Outstanding: 10,749,683 and 10,731,284 at September 30, 2015 and December 31, 2014, respectively. $ 12 $ 12
Additional paid-in-capital 74,919 73,959
Retained earnings 33,652 21,078
Treasury stock, at cost, 830,925 shares at September 30, 2015 and December 31, 2014. (4,250) (4,250)
TOTAL STOCKHOLDERS' EQUITY 104,333 90,799
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 330,072 $ 262,637