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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 5,930 $ 27,982
Accounts receivable, less allowances of $13,984 at September 30, 2022 and $16,544 at December 31, 2021 135,343 175,076
Inventory 269,723 270,516
Prepaid expenses and other current assets 10,091 11,499
Income taxes receivable 2,583 0
TOTAL CURRENT ASSETS 423,670 485,073
PROPERTY AND EQUIPMENT, net 17,737 20,748
OPERATING LEASE RIGHT-OF-USE ASSETS 76,454 86,487
INVESTMENTS 14,424 22,295
INTANGIBLE ASSETS, net 217,526 212,678
OTHER ASSETS 7,117 1,793
TOTAL ASSETS 756,928 829,074
CURRENT LIABILITIES    
Long-term Debt, Current Maturities 0 5,771
Accounts payable 42,960 82,573
Accrued expenses 79,117 112,241
Income taxes payable 0 604
Current portion of operating lease liabilities 13,859 12,612
TOTAL CURRENT LIABILITIES 135,936 213,801
OTHER LONG-TERM LIABILITIES 16,656 12,616
INCOME TAXES PAYABLE, LONG-TERM 1,472 1,472
OPERATING LEASE LIABILITIES 78,534 90,824
DEFERRED INCOME TAXES 12,981 12,842
REVOLVING CREDIT FACILITY 32,545 0
TERM LOAN 242,505 241,873
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 September 30, 2022 and December 31, 2021; shares issued and outstanding: 22,004,268 at September 30, 2022 and 22,018,016 at December 31, 2021 220 220
Paid-in capital 274,301 271,556
Retained earnings 437 17,419
Accumulated other comprehensive loss (38,659) (33,549)
TOTAL STOCKHOLDERS’ EQUITY 236,299 255,646
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 756,928 $ 829,074