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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 42,675 $ 11,370
Accounts receivable, less allowances of $14,782 at September 30, 2020 and $9,681 at December 31, 2019 180,289 128,639
Inventory 209,825 173,427
Prepaid expenses and other current assets 9,619 14,140
Income taxes receivable 0 1,577
TOTAL CURRENT ASSETS 442,408 329,153
PROPERTY AND EQUIPMENT, net 23,839 28,168
OPERATING LEASE RIGHT-OF-USE ASSETS 98,126 106,871
INVESTMENTS 17,734 21,289
INTANGIBLE ASSETS, net 247,180 280,471
OTHER ASSETS 2,559 4,071
TOTAL ASSETS 831,846 770,023
CURRENT LIABILITIES    
Current maturity of term loan 18,522 8,413
Accounts payable 109,509 36,173
Accrued expenses 81,167 52,060
Income taxes payable 1,522 0
Current portion of operating lease liabilities 11,329 10,661
TOTAL CURRENT LIABILITIES 222,049 107,307
OTHER LONG-TERM LIABILITIES 16,394 12,214
INCOME TAXES PAYABLE, LONG-TERM 1,217 1,217
OPERATING LEASE LIABILITIES 104,183 112,180
DEFERRED INCOME TAXES 12,829 13,685
REVOLVING CREDIT FACILITY 25,654 32,822
TERM LOAN 237,727 254,281
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 September 30, 2020 and December 31, 2019; shares issued and outstanding: 21,768,020 at September 30, 2020 and 21,255,660 at December 31, 2019 218 213
Paid-in capital 267,200 263,386
(Accumulated deficit) retained earnings (13,842) 7,173
Accumulated other comprehensive loss (41,783) (34,455)
TOTAL STOCKHOLDERS’ EQUITY 211,793 236,317
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 831,846 $ 770,023