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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and temporary investments $ 29,720 $ 40,153
Accounts receivable, net of allowance for credit losses of $1,364 and $1,319 at March 31, 2023 and December 31, 2022, respectively 233,115 177,663
Inventories, net 164,431 153,656
Prepaid expenses 6,771 4,576
Total current assets 434,037 376,048
NONCURRENT ASSETS:    
Property, plant and equipment, net 110,976 112,145
Right-of-use assets - operating leases 847 909
Goodwill 11,619 11,619
Other assets 686 708
TOTAL ASSETS 558,165 501,429
CURRENT LIABILITIES:    
Accounts payable 169,458 125,500
Accrued liabilities 30,264 27,904
Income taxes payable 4,741 2,430
Current portion of operating lease obligation 307 311
Total current liabilities 204,770 156,145
NONCURRENT LIABILITIES:    
Long-term obligations 45,000 45,000
Noncurrent portion of operating lease obligation 569 597
Deferred income tax liabilities 6,159 6,230
Total liabilities 256,498 207,972
COMMITMENTS AND CONTINGENCIES (Note 5)
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 December 31, 2022 and December 31, 2021, respectively 114 114
Additional paid-in capital 152,462 152,392
Accumulated surplus 157,285 150,124
Accumulated other comprehensive loss (8,194) (9,173)
Total shareholders' equity 301,667 293,457
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 558,165 $ 501,429