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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 5,984 $ 16,189
Accounts receivable, less allowances of $13,237 at September 30, 2024 and $15,952 at December 31, 2023 142,238 155,180
Inventory 235,015 188,647
Prepaid expenses and other current assets 13,814 16,339
Income taxes receivable 2,894 0
TOTAL CURRENT ASSETS 399,945 376,355
PROPERTY AND EQUIPMENT, net 16,562 16,970
OPERATING LEASE RIGHT-OF-USE ASSETS 62,007 69,756
INVESTMENT 0 1,826
INTANGIBLE ASSETS, net 187,977 199,133
OTHER ASSETS 2,247 3,102
TOTAL ASSETS 668,738 667,142
CURRENT LIABILITIES    
Current maturity of term loan 6,867 4,742
Accounts payable 79,608 54,154
Accrued expenses 68,428 78,356
Income taxes payable 0 641
Current portion of operating lease liabilities 14,818 14,075
TOTAL CURRENT LIABILITIES 169,721 151,968
OTHER LONG-TERM LIABILITIES 14,153 9,126
INCOME TAXES PAYABLE, LONG-TERM 1,493 1,493
OPERATING LEASE LIABILITIES 60,094 70,009
DEFERRED INCOME TAXES 7,700 7,438
REVOLVING CREDIT FACILITY 64,489 60,395
TERM LOAN 130,170 135,834
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 September 30, 2024 and December 31, 2023; shares issued and outstanding: 22,157,361 at September 30, 2024 and 21,813,266 at December 31, 2023 222 218
Paid-in capital 279,530 277,728
Accumulated deficit (40,510) (13,568)
Accumulated other comprehensive loss (18,324) (33,499)
TOTAL STOCKHOLDERS’ EQUITY 220,918 230,879
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 668,738 $ 667,142