XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 9,581 $ 6,581
Receivables:    
Trade, net of allowance for doubtful accounts of $3,046 and $2,300, respectively 145,374 136,075
Other 9,064 16,949
Total receivables, net 154,438 153,024
Inventories, net 176,287 163,313
Prepaid expenses 10,738 10,457
Income taxes receivable 1,972 2,824
Total current assets 353,016 336,199
Property, plant and equipment, net 59,801 56,521
Operating lease right-of-use assets 12,128 11,258
Intangible assets, net of amortization 191,133 198,377
Goodwill 40,737 46,557
Other assets 18,926 21,186
Total assets 675,741 670,098
Current liabilities:    
Current installments of other liabilities 210 1,513
Accounts payable 61,283 64,881
Deferred revenue 5,689 6,826
Accrued program costs 67,745 47,699
Accrued expenses and other payables 11,266 12,815
Operating lease liabilities, current 4,312 4,904
Total current liabilities 150,505 138,638
Long-term debt, net of deferred loan fees 149,362 148,766
Operating lease liabilities, long-term 7,979 6,503
Other liabilities, excluding current installments 9,087 12,890
Deferred income tax liabilities 14,014 19,145
Total liabilities 330,947 325,942
Commitments and contingent liabilities
Stockholders' equity:    
Preferred stock, $.10 par value per share; authorized 400,000 shares; none issued
Common stock, $.10 par value per share; authorized 40,000,000 shares; issued 33,337,075 shares at September 30, 2020 and 33,233,614 shares at December 31, 2019 3,335 3,324
Additional paid-in capital 93,273 90,572
Accumulated other comprehensive loss (14,520) (5,698)
Retained earnings 280,866 274,118
Total stockholders' equity including treasury stock 362,954 362,316
Less treasury stock at cost, 3,061,040 shares at September 30, 2020 and December 31, 2019 (18,160) (18,160)
Total stockholders’ equity 344,794 344,156
Total liabilities and stockholders' equity $ 675,741 $ 670,098