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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 37,607 $ 50,700
Accounts receivable, net of allowances of $7,015 and $6,419, respectively 112,320 82,857
Inventories 222,474 100,150
Prepaid expenses and other current assets 26,947 22,283
Total current assets 399,348 255,990
Property, plant, and equipment, net 140,584 58,229
Intangible assets, net 126,000 47,388
Goodwill 191,727 71,317
Other long-term assets 43,628 25,705
Total assets 901,287 458,629
Current liabilities    
Accounts payable 51,349 27,598
Current portion of finance lease liability 678 652
Other current liabilities 89,777 55,374
Total current liabilities 141,804 83,624
Long-term borrowings under credit facility 51,000  
Long-term portion of finance lease liability 18,894 19,239
Other long-term liabilities 49,604 18,906
Total liabilities 261,302 121,769
Contingencies (Note 8)
Shareholders’ equity    
Common shares $0.10 par value; 100,000 shares authorized; 36,733 and 20,162 issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 3,673 2,016
Additional paid-in capital 735,533 334,969
Retained earnings (accumulated deficit) (99,113) 1,251
Accumulated other comprehensive loss (108) (1,376)
Total shareholders’ equity 639,985 336,860
Total liabilities and shareholders’ equity $ 901,287 $ 458,629