XML 16 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and temporary investments $ 31,129 $ 54,332
Accounts receivable, net of allowance for credit losses of $1,200 and $1,155 at March 31, 2022 and December 31, 2021, respectively 191,246 153,977
Inventories, net 141,191 114,908
Prepaid expenses 7,446 5,751
Total current assets 371,012 328,968
NONCURRENT ASSETS:    
Property, plant and equipment, net 113,550 96,496
Right-of-use assets - operating leases 1,050 1,231
Goodwill 11,619 11,619
Other assets 618 533
TOTAL ASSETS 497,849 438,847
CURRENT LIABILITIES:    
Accounts payable 137,702 119,029
Accrued liabilities 25,397 24,866
Current portion of operating lease obligation 326 361
Current portion of finance lease obligation 4 15
Total current liabilities 163,429 144,271
NONCURRENT LIABILITIES:    
Long-term obligations 40,000  
Noncurrent portion of operating lease obligation 722 870
Deferred income tax liabilities 5,232 5,170
Total liabilities 209,383 150,311
COMMITMENTS AND CONTINGENCIES (Note 7)
SHAREHOLDERS' EQUITY:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized, none issued or outstanding
Common stock, $0.01 par value; 100,000,000 shares authorized, 11,416,716 and 11,410,728 outstanding at June 30, 2022 and December 31, 2021, respectively 114 114
Additional paid-in capital 151,946 151,449
Accumulated surplus 143,631 141,918
Accumulated other comprehensive loss (7,225) (4,945)
Total shareholders' equity 288,466 288,536
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 497,849 $ 438,847