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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 53,979 $ 56,603
Restricted cash 52 215
Short-term investments (includes $429 and $350 of available-for-sale securities as of March 31, 2022 and December 31, 2021, respectively, reported at fair value) 429 350
Accounts receivable, less allowance for credit losses of $0 as of March 31, 2022 and December 31, 2021 150,111 158,742
Other receivables 17,373 11,228
Inventory, net 171,121 139,891
Prepaid expenses and other current assets 9,076 9,296
Total Current Assets 402,141 376,325
Property, plant and equipment, net 54,384 55,766
Deferred tax assets, net 8,939 9,079
Goodwill 6,968 6,968
Intangibles, net 18,405 19,293
Other non-current assets 30,542 30,971
Long-term investments (includes $29,129 and $29,717 of available-for-sale securities as of March 31, 2022 and December 31, 2021, respectively, reported at fair value) 67,713 70,615
Total Assets 589,092 569,017
Current Liabilities    
Accounts payable 127,111 102,489
Unearned revenue 19,454 17,737
Accrued expenses and other liabilities 18,736 13,673
Accrued wages and benefits 13,953 14,900
Income tax payable, net 3,519 6,560
Total Current Liabilities 182,773 155,359
Non-current unearned revenue 9,381 9,271
Pension liability 10,667 11,402
Deferred compensation liability 29,691 31,383
Other non-current liabilities 4,264 4,500
Total Liabilities 236,776 211,915
Commitments and contingencies (see Note 17)
Stockholders’ Equity    
Common stock, par value $0.01 per share; 200,000 shares authorized; 79,652 shares issued and 49,133 shares outstanding as of March 31, 2022 and 79,652 shares issued and outstanding as of December 31, 2021 797 797
Additional paid-in capital 290,839 288,946
Accumulated other comprehensive loss (13,556) (11,914)
Retained earnings 734,249 740,820
Treasury stock at cost: 30,519 and 30,590 shares at March 31, 2022 and December 31,2021, respectively (660,013) (661,547)
Total Stockholders’ Equity 352,316 357,102
Total Liabilities and Stockholders’ Equity $ 589,092 $ 569,017