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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 3,396 $ 16,189
Accounts receivable, less allowances of $13,684 at June 30, 2024 and $15,952 at December 31, 2023 112,530 155,180
Inventory 208,480 188,647
Prepaid expenses and other current assets 15,344 16,339
Income taxes receivable 3,546 0
TOTAL CURRENT ASSETS 343,296 376,355
PROPERTY AND EQUIPMENT, net 15,689 16,970
OPERATING LEASE RIGHT-OF-USE ASSETS 64,091 69,756
INVESTMENT 0 1,826
INTANGIBLE ASSETS, net 191,624 199,133
OTHER ASSETS 2,264 3,102
TOTAL ASSETS 616,964 667,142
CURRENT LIABILITIES    
Current maturity of term loan 6,822 4,742
Accounts payable 59,523 54,154
Accrued expenses 64,974 78,356
Income taxes payable 0 641
Current portion of operating lease liabilities 14,516 14,075
TOTAL CURRENT LIABILITIES 145,835 151,968
OTHER LONG-TERM LIABILITIES 13,401 9,126
INCOME TAXES PAYABLE, LONG-TERM 1,493 1,493
OPERATING LEASE LIABILITIES 62,937 70,009
DEFERRED INCOME TAXES 7,580 7,438
REVOLVING CREDIT FACILITY 32,635 60,395
TERM LOAN 133,278 135,834
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 June 30, 2024 and December 31, 2023; shares issued and outstanding: 22,157,912 at June 30, 2024 and 21,813,266 at December 31, 2023 222 218
Paid-in capital 278,484 277,728
Accumulated deficit (39,895) (13,568)
Accumulated other comprehensive loss (19,006) (33,499)
TOTAL STOCKHOLDERS’ EQUITY 219,805 230,879
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 616,964 $ 667,142