XML 62 R42.htm IDEA: XBRL DOCUMENT v3.22.4
OTHER (Tables)
 12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Components of Inventory The components of inventory are as follows:
December 31,
20222021
(in thousands)
Finished goods$213,450 $259,916 
Work in process70 159 
Raw materials8,689 10,441 
Total$222,209 $270,516 
Property and Equipment Property and equipment (including finance leases) consist of:
December 31,
20222021
(in thousands)
Machinery, furniture and equipment$77,948 $77,005 
Leasehold improvements37,834 38,433 
Computer hardware and software38,120 37,544 
Building and improvements764 787 
Construction in progress1,249 715 
Land100 100 
Total156,015 154,584 
Less: accumulated depreciation and amortization(137,993)(133,836)
Total$18,022 $20,748 
Accrued Expenses Accrued expenses consist of:
December 31,
20222021
(in thousands)
Customer allowances and rebates$31,281 $36,290 
Other non-income tax liabilities10,054 7,496 
Compensation and benefits9,789 21,258 
Vendor invoices6,930 16,082 
Freight6,869 16,110 
Professional fees2,743 2,954 
Royalties2,408 4,406 
Commissions656 813 
Restructuring986 — 
Wallace facility remediation500 — 
Interest136 402 
Other5,250 6,930 
Total$77,602 $112,741 
Long term liabilities ong-term liabilities consist of:
December 31,
20222021
(in thousands)
Retirement benefit obligations$5,178 $6,918 
Wallace facility remediation5,140 — 
Other non-income tax liabilities 3,037 2,927 
Unearned revenue890 1,159 
Contingent consideration650 — 
Derivative financial instruments— 972 
Other long-term obligations100 140 
Total$14,995 $12,116 
Supplemental Cash Flow Information
Year Ended December 31,
202220212020
(in thousands)
Cash paid for interest$15,421 $13,702 $15,476 
Cash paid for taxes, net of refunds9,757 19,012 5,161 
Non-cash investing activities:
Translation loss recognized on change in Vasconia ownership— 3,404 — 
Non-cash gain on dilution of Vasconia ownership— (1,732)— 
Components of Accumulated Other Comprehensive Loss, Net
Components of accumulated other comprehensive loss, net
Year Ended December 31,
202220212020
(in thousands)
Accumulated translation adjustment:
Balance at beginning of year$(31,752)$(35,846)$(34,019)
Translation adjustment during period(4,320)690 (2,062)
Amount reclassified from accumulated other comprehensive loss (1)
— 3,404 235 
Translation Adjustment$(4,320)$4,094 $(1,827)
Balance at end of year$(36,072)$(31,752)$(35,846)
Accumulated deferred gains (losses) on cash flow hedges:
Balance at beginning of year$78 $(1,125)$1,164 
Change in unrealized gains (losses)2,126 (311)(3,273)
Amounts reclassified from accumulated other comprehensive loss: (2)
Settlement of cash flow hedges(1,281)1,514 984 
Net change in cash flow hedges, net of taxes of $(190), $(246) and $803
$845 $1,203 $(2,289)
Balance at end of year$923 $78 $(1,125)
Accumulated effect of retirement benefit obligations:
Balance at beginning of year$(1,875)$(2,201)$(1,600)
Net income (loss) arising from retirement benefit obligations, net of tax of $(359), $(64) and $259
1,054 191 (680)
Amount reclassified from accumulated other comprehensive loss:(3)
Amortization of loss, net of tax of $(39), $(45) and $(52)
116 135 79 
Net effects of retirement benefit obligations$1,170 $326 $(601)
Balance at end of year$(705)$(1,875)$(2,201)
Total accumulated other comprehensive loss at end of period
$(35,854)$(33,549)$(39,172)
(1)Amount is recorded in equity in (losses) earnings on the consolidated statements of operations.
(2)Amounts are recorded in interest expense and cost of goods sold on the consolidated statements of operations.
(3)Amount is recorded in selling, general and administrative expenses on the consolidated statements of operations.