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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 14,511 $ 31,040
Marketable securities 0 12,619
Accounts receivable, net of allowance for doubtful accounts of $6,933 and $1,955, respectively 110,996 106,205
Inventories 165,636 166,712
Prepaid expenses and other 16,734 10,236
Total current assets 307,877 326,812
Property, plant and equipment 233,978 223,683
Less - accumulated depreciation (104,304) (94,416)
Property, plant and equipment, net 129,674 129,267
Goodwill 0 141,725
Purchased intangible assets, net 179,380 195,260
Deferred tax assets 1,750 6,738
Other assets 83,329 84,693
Total assets 702,010 884,495
Current liabilities:    
Accounts payable 55,883 40,202
Accrued expenses 12,568 10,830
Accrued income taxes 16,616 12,810
Accrued employee compensation and benefits 11,569 16,918
Contract liabilities 21,263 21,621
Current portion of long-term debt 2,500 15,000
Other current liabilities 9,650 9,080
Total current liabilities 130,049 126,461
Long-term debt 71,715 100,851
Deferred tax liabilities 1,702 1,956
Other long-term liabilities 54,940 57,172
Total liabilities 258,406 286,440
Commitments and contingencies
Redeemable noncontrolling interest 187,080 187,760
Stockholders’ equity    
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares 0 0
Common stock, $0.05 par value; 50,000,000 shares authorized; 20,797,744 and 20,467,495 shares issued, respectively 1,040 1,023
Additional paid-in capital 307,331 313,833
Retained earnings 0 146,604
Other cumulative comprehensive loss (26,108) (26,426)
Treasury stock, at cost, and company stock held for deferred compensation, at par; 761,407 and 689,700 shares, respectively (25,739) (24,739)
Total stockholders’ equity 256,524 410,295
Total liabilities, redeemable noncontrolling interest, and stockholders’ equity $ 702,010 $ 884,495