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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 16,189 $ 23,598
Accounts receivable, less allowances of $15,952 at December 31, 2023 and $14,606 at December 31, 2022 155,180 141,195
Inventory 188,647 222,209
Prepaid expenses and other current assets 16,339 13,254
TOTAL CURRENT ASSETS 376,355 400,256
PROPERTY AND EQUIPMENT, net 16,970 18,022
OPERATING LEASE RIGHT-OF-USE ASSETS 69,756 74,869
INVESTMENTS 1,826 12,516
INTANGIBLE ASSETS, net 199,133 213,887
OTHER ASSETS 3,102 6,338
TOTAL ASSETS 667,142 725,888
CURRENT LIABILITIES    
Current maturity of term loan 4,742 0
Accounts payable 54,154 38,052
Accrued expenses 78,356 77,602
Income taxes payable 641 224
Current portion of operating lease liabilities 14,075 14,028
TOTAL CURRENT LIABILITIES 151,968 129,906
OTHER LONG-TERM LIABILITIES 9,126 14,995
INCOME TAXES PAYABLE, LONG-TERM 1,493 1,591
OPERATING LEASE LIABILITIES 70,009 76,420
DEFERRED INCOME TAXES 7,438 9,607
REVOLVING CREDIT FACILITY 60,395 10,424
TERM LOAN 135,834 242,857
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 December 31, 2023 and 2022; shares issued and outstanding: 21,813,266 at December 31, 2023 and 21,779,799 at December 31, 2022 218 218
Paid-in capital 277,728 274,579
(Accumulated deficit) retained earnings (13,568) 1,145
Accumulated other comprehensive loss (33,499) (35,854)
TOTAL STOCKHOLDERS’ EQUITY 230,879 240,088
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 667,142 $ 725,888