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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 6,318 $ 23,598
Accounts receivable, less allowances of $16,810 at September 30, 2023 and $14,606 at December 31, 2022 153,456 141,195
Inventory 217,696 222,209
Prepaid expenses and other current assets 12,139 13,254
Income taxes receivable 1,254 0
TOTAL CURRENT ASSETS 390,863 400,256
PROPERTY AND EQUIPMENT, net 16,824 18,022
OPERATING LEASE RIGHT-OF-USE ASSETS 71,834 74,869
INVESTMENTS 3,963 12,516
INTANGIBLE ASSETS, net 202,872 213,887
OTHER ASSETS 5,312 6,338
TOTAL ASSETS 691,668 725,888
CURRENT LIABILITIES    
Current maturity of term loan 13,866 0
Accounts payable 57,188 38,052
Accrued expenses 69,320 77,602
Income taxes payable 0 224
Current portion of operating lease liabilities 13,585 14,028
TOTAL CURRENT LIABILITIES 153,959 129,906
OTHER LONG-TERM LIABILITIES 14,796 14,995
INCOME TAXES PAYABLE, LONG-TERM 1,589 1,591
OPERATING LEASE LIABILITIES 72,808 76,420
DEFERRED INCOME TAXES 9,560 9,607
REVOLVING CREDIT FACILITY 29,305 10,424
TERM LOAN 183,234 242,857
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, 2023 and December 31, 2022; shares issued and outstanding: 21,814,236 at September 30, 2023 and 21,779,799 at December 31, 2022 218 218
Paid-in capital 276,813 274,579
(Accumulated deficit) retained earnings (15,333) 1,145
Accumulated other comprehensive loss (35,281) (35,854)
TOTAL STOCKHOLDERS’ EQUITY 226,417 240,088
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 691,668 $ 725,888