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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash $ 8,445 $ 6,561
Accounts receivable, net 104,365 81,740
Income tax receivable 5,230  
Inventories, net 130,347 93,903
Prepaid expenses and other current assets 4,288 4,801
Deferred income taxes   3,998
Total current assets 252,675 191,003
Property, plant & equipment, net 26,001 20,892
Intangible assets, net 31,745 21,392
Goodwill 41,466 23,546
Deferred income tax asset 819 757
Other noncurrent assets 7,230 5,804
TOTAL ASSETS 359,936 262,637
Current liabilities    
Accounts payable 76,078 60,877
Income taxes payable   779
Accrued compensation and benefits 4,009 5,983
Current maturities of long-term debt   1,667
Other accrued liabilities 19,175 6,742
Total current liabilities 99,262 76,048
Long-term obligations    
Revolving line of credit 97,299 78,030
Deferred income taxes   3,241
Private placement warrants 1,482 11,036
Long-term debt, less current maturities, net 53,820 2,361
Other noncurrent liabilities 1,776 1,122
TOTAL LIABILITIES $ 253,639 $ 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 December 31, 2015 and 2014.
Common stock - $0.001 par value. Authorized: 50,000,000 shares. Issued: 11,583,831 and 11,562,209 shares at December 31, 2015 and 2014, respectively. Outstanding: 10,752,906 and 10,731,284 shares at December 31, 2015 and 2014, respectively. $ 12 $ 12
Additional paid-in-capital 75,179 73,959
Retained earnings 35,356 21,078
Treasury stock, at cost, 830,925 shares at December 31, 2015 and 2014. (4,250) (4,250)
TOTAL STOCKHOLDERS' EQUITY 106,297 90,799
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 359,936 $ 262,637