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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 14,846 $ 27,982
Accounts receivable, less allowances of $15,599 at March 31, 2022 and $16,544 at December 31, 2021 117,301 175,076
Inventory 275,202 270,516
Prepaid expenses and other current assets 13,237 11,499
TOTAL CURRENT ASSETS 420,586 485,073
PROPERTY AND EQUIPMENT, net 19,525 20,748
OPERATING LEASE RIGHT-OF-USE ASSETS 84,640 86,487
INVESTMENTS 22,774 22,295
INTANGIBLE ASSETS, net 225,231 212,678
OTHER ASSETS 2,157 1,793
TOTAL ASSETS 774,913 829,074
CURRENT LIABILITIES    
Current maturity of term loan 1,088 5,771
Accounts payable 62,860 82,573
Accrued expenses 85,414 112,741
Income taxes payable 1,767 604
Current portion of operating lease liabilities 13,641 12,612
TOTAL CURRENT LIABILITIES 164,770 214,301
OTHER LONG-TERM LIABILITIES 11,687 12,116
INCOME TAXES PAYABLE, LONG-TERM 1,472 1,472
OPERATING LEASE LIABILITIES 87,586 90,824
DEFERRED INCOME TAXES 12,963 12,842
TERM LOAN 240,703 241,873
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, 2022 and December 31, 2021; shares issued and outstanding: 22,318,096 at March 31, 2022 and 22,018,016 at December 31, 2021 223 220
Paid-in capital 271,698 271,556
Retained earnings 16,839 17,419
Accumulated other comprehensive loss (33,028) (33,549)
TOTAL STOCKHOLDERS’ EQUITY 255,732 255,646
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 774,913 $ 829,074