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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 33,313 $ 46,165
Accounts receivable—trade, net of allowances of $9,507 and $10,850 163,084 146,747
Inventories, net 286,939 299,639
Prepaid expenses and other current assets 22,701 21,887
Costs and estimated profits in excess of billings 16,438 13,365
Accrued revenue 1,250 1,801
Total current assets 523,725 529,604
Property and equipment, net of accumulated depreciation 83,408 61,401
Operating lease assets 54,058 55,399
Deferred financing costs, net 2,298 1,159
Intangible assets, net 242,330 167,970
Goodwill 65,619 0
Deferred income taxes, net 149 368
Other long-term assets 2,150 5,160
Total assets 973,737 821,061
Current liabilities    
Current portion of long-term debt 69,385 1,186
Accounts payable—trade 117,164 125,918
Accrued liabilities 70,579 62,463
Deferred revenue 9,147 10,551
Billings in excess of costs and profits recognized 4,748 4,221
Total current liabilities 271,023 204,339
Long-term debt, net of current portion 162,154 129,567
Deferred income taxes, net 28,493 940
Operating lease liabilities 57,908 61,450
Other long-term liabilities 10,629 12,132
Total liabilities 530,207 408,428
Commitments and contingencies
Equity    
Common stock, $0.01 par value, 14,800,000 shares authorized, 12,992,570 and 10,901,878 shares issued 130 109
Additional paid-in capital 1,417,914 1,369,288
Treasury stock at cost, 708,900 and 708,900 shares (142,057) (142,057)
Retained deficit (731,297) (699,471)
Accumulated other comprehensive loss (101,160) (115,236)
Total equity 443,530 412,633
Total liabilities and equity $ 973,737 $ 821,061