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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 85,283 $ 11,370
Accounts receivable, less allowances of $13,272 at March 31, 2020 and $9,681 at December 31, 2019 80,273 128,639
Inventory 164,711 173,427
Prepaid expenses and other current assets 13,395 14,140
Income taxes receivable 5,499 1,577
TOTAL CURRENT ASSETS 349,161 329,153
PROPERTY AND EQUIPMENT, net 26,846 28,168
OPERATING LEASE RIGHT-OF-USE ASSETS 103,056 106,871
INVESTMENTS 20,153 21,289
INTANGIBLE ASSETS, net 254,773 280,471
OTHER ASSETS 2,995 4,071
DEFERRED INCOME TAXES 1,485 0
TOTAL ASSETS 758,469 770,023
CURRENT LIABILITIES    
Current maturity of term loan 8,175 8,413
Accounts payable 27,706 36,173
Accrued expenses 42,462 52,060
Current portion of operating lease liabilities 10,769 10,661
TOTAL CURRENT LIABILITIES 89,112 107,307
OTHER LONG-TERM LIABILITIES 15,569 12,214
INCOME TAXES PAYABLE, LONG-TERM 1,217 1,217
OPERATING LEASE LIABILITIES 108,922 112,180
DEFERRED INCOME TAXES 14,074 13,685
REVOLVING CREDIT FACILITY 74,438 32,822
TERM LOAN 254,210 254,281
STOCKHOLDERS’ EQUITY    
Preferred stock, $1.00 par value, shares authorized: 100 shares of Series A and 2,000,000 shares of Series B; none issued and outstanding 0 0
Common stock, $0.01 par value, shares authorized: 50,000,000 at March 31, 2020 and December 31, 2019; shares issued and outstanding: 21,485,682 at March 31, 2020 and 21,255,660 at December 31, 2019 215 213
Paid-in capital 264,405 263,386
(Accumulated deficit) retained earnings (21,923) 7,173
Accumulated other comprehensive loss (41,770) (34,455)
TOTAL STOCKHOLDERS’ EQUITY 200,927 236,317
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 758,469 $ 770,023