XML 18 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 25,984 $ 18,145
Accounts receivable, net of allowance of $4,697 and $4,585, respectively 193,798 177,884
Inventory 42,411 41,384
Income tax receivable 189 1,042
Prepaid expenses and other current assets 28,801 27,950
Total current assets 291,183 266,405
Property, plant and equipment, net 106,495 110,628
Intangible assets, net 31,591 37,849
Operating lease right-of-use assets 47,345 49,849
Defined benefit pension asset 5,285 5,144
Other assets, net 14,206 14,044
Deferred tax asset 2,656 1,534
Total assets 498,761 485,453
Current liabilities:    
Current portion of long-term debt and finance lease obligations 4,070 3,858
Current portion of operating lease obligations 16,777 16,476
Accounts payable 38,429 42,010
Other accrued liabilities 65,574 56,724
Income tax payable 2,106 987
Total current liabilities 126,956 120,055
Long-term debt and finance lease obligations 322,201 293,343
Operating lease obligations 32,970 35,910
Deferred tax liabilities 4,595 4,984
Other long-term liabilities 3,902 3,691
Total liabilities 490,624 457,983
Commitments and contingencies
Redeemable preferred stock, par value $100.00 per share, 75,000 shares issued and outstanding at June 30, 2026 and December 31, 2025 57,838 51,951
Shareholders’ equity (deficit):    
Preferred stock, 500,000 shares authorized, 75,000 shares (included in redeemable preferred stock) issued and outstanding at June 30, 2026 and December 31, 2025 0 0
Common stock, par value $0.30 per share, 12,000,000 shares authorized; 4,571,382 and 4,532,240 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 1,371 1,360
Additional paid-in capital 471,036 475,829
Accumulated deficit (483,022) (464,877)
Accumulated other comprehensive loss (39,086) (36,793)
Total shareholders’ equity (deficit) (49,701) (24,481)
Total liabilities, redeemable preferred stock and shareholders’ equity (deficit) $ 498,761 $ 485,453