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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 27,982 $ 35,963
Accounts receivable, less allowances of $16,544 at December 31, 2021 and $17,013 at December 31, 2020 175,076 170,037
Inventory 270,516 203,164
Prepaid expenses and other current assets 11,499 12,129
TOTAL CURRENT ASSETS 485,073 421,293
PROPERTY AND EQUIPMENT, net 20,748 23,120
OPERATING LEASE RIGHT-OF-USE ASSETS 86,487 96,543
INVESTMENTS 22,295 20,032
INTANGIBLE ASSETS, net 212,678 244,025
OTHER ASSETS 1,793 2,468
TOTAL ASSETS 829,074 807,481
CURRENT LIABILITIES    
Current maturity of term loan 5,771 17,657
Accounts payable 82,573 66,095
Accrued expenses 112,741 80,050
Income taxes payable 604 4,788
Current portion of operating lease liabilities 12,612 11,480
TOTAL CURRENT LIABILITIES 214,301 180,070
OTHER LONG-TERM LIABILITIES 12,116 16,483
INCOME TAXES PAYABLE, LONG-TERM 1,472 10,714
OPERATING LEASE LIABILITIES 90,824 102,355
DEFERRED INCOME TAXES 12,842 1,444
REVOLVING CREDIT FACILITY 0 27,302
TERM LOAN 241,873 238,977
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 December 31, 2021 and 2020; shares issued and outstanding: 22,018,016 at December 31, 2021 and 21,755,195 at December 31, 2020 220 218
Paid-in capital 271,556 268,666
Retained earnings 17,419 424
Accumulated other comprehensive loss (33,549) (39,172)
TOTAL STOCKHOLDERS’ EQUITY 255,646 230,136
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 829,074 $ 807,481