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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 63,537 $ 11,370
Accounts receivable, less allowances of $13,040 at June 30, 2020 and $9,681 at December 31, 2019 111,361 128,639
Inventory 168,928 173,427
Prepaid expenses and other current assets 12,249 14,140
Income taxes receivable 2,466 1,577
TOTAL CURRENT ASSETS 358,541 329,153
PROPERTY AND EQUIPMENT, net 25,100 28,168
OPERATING LEASE RIGHT-OF-USE ASSETS 99,883 106,871
INVESTMENTS 17,020 21,289
INTANGIBLE ASSETS, net 250,515 280,471
OTHER ASSETS 2,743 4,071
TOTAL ASSETS 753,802 770,023
CURRENT LIABILITIES    
Current maturity of term loan 13,527 8,413
Accounts payable 66,678 36,173
Accrued expenses 62,114 52,060
Current portion of operating lease liabilities 10,660 10,661
TOTAL CURRENT LIABILITIES 152,979 107,307
OTHER LONG-TERM LIABILITIES 16,159 12,214
INCOME TAXES PAYABLE, LONG-TERM 1,217 1,217
OPERATING LEASE LIABILITIES 106,195 112,180
DEFERRED INCOME TAXES 12,661 13,685
REVOLVING CREDIT FACILITY 27,383 32,822
TERM LOAN 242,337 254,281
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 June 30, 2020 and December 31, 2019; shares issued and outstanding: 21,768,740 at June 30, 2020 and 21,255,660 at December 31, 2019 218 213
Paid-in capital 265,630 263,386
(Accumulated deficit) retained earnings (26,813) 7,173
Accumulated other comprehensive loss (44,164) (34,455)
TOTAL STOCKHOLDERS’ EQUITY 194,871 236,317
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 753,802 $ 770,023