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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 30,054 $ 33,107
Restricted cash 2,500 4,650
Accounts receivable, net of allowances of $7,878 and $7,130, respectively 124,845 128,098
Inventories 205,812 222,166
Prepaid expenses and other current assets 23,003 32,422
Total current assets 386,214 420,443
Property, plant, and equipment, net 146,685 159,060
Intangible assets, net 104,546 117,490
Goodwill 194,934 194,934
Other long-term assets 35,493 33,388
Total assets 867,872 925,315
Current liabilities    
Accounts payable 47,060 58,357
Current portion of long-term debt 6,250 1,250
Current portion of finance lease liability 743 708
Other current liabilities 107,845 104,908
Total current liabilities 161,898 165,223
Long-term debt 112,215 93,107
Long-term portion of finance lease liability 18,027 18,532
Other long-term liabilities 49,808 49,723
Total liabilities 341,948 326,585
Contingencies (Note 8)
Shareholders’ equity    
Common shares $0.10 par value; 100,000 shares authorized; 38,209 and 37,165 issued and outstanding as of September 30, 2024, and December 31, 2023, respectively 3,821 3,717
Additional paid-in capital 770,000 746,450
Accumulated deficit (246,995) (150,144)
Accumulated other comprehensive loss (902) (1,293)
Total shareholders’ equity 525,924 598,730
Total liabilities and shareholders’ equity $ 867,872 $ 925,315