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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 43,368 $ 56,603
Restricted cash   215
Short-term investments (includes $1,773 and $350 of available-for-sale securities as of June 30, 2022 and December 31, 2021, respectively, reported at fair value) 1,773 350
Accounts receivable, less allowance for credit losses of $0 as of June 30, 2022 and December 31, 2021 172,088 158,742
Other receivables 8,413 11,228
Inventory, net 196,916 139,891
Prepaid expenses and other current assets 9,306 9,296
Total Current Assets 431,864 376,325
Property, plant and equipment, net 53,432 55,766
Deferred tax assets, net 8,508 9,079
Goodwill 6,968 6,968
Intangibles, net 17,473 19,293
Other non-current assets 29,637 30,971
Long-term investments (includes $27,499 and $29,717 of available-for-sale securities as of June 30, 2022 and December 31, 2021, respectively, reported at fair value) 52,297 70,615
Total Assets 600,179 569,017
Current Liabilities    
Accounts payable 144,432 102,489
Unearned revenue 22,705 17,737
Accrued expenses and other liabilities 16,759 13,673
Accrued wages and benefits 13,276 14,900
Income tax payable, net 4,541 6,560
Total Current Liabilities 201,713 155,359
Non-current unearned revenue 10,133 9,271
Pension liability 9,889 11,402
Deferred compensation liability 26,014 31,383
Other non-current liabilities 3,893 4,500
Total Liabilities 251,642 211,915
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 49,126 shares outstanding as of June 30, 2022 and 79,652 shares issued and 49,063 shares outstanding as of December 31, 2021 797 797
Additional paid-in capital 292,727 288,946
Accumulated other comprehensive loss (16,696) (11,914)
Retained earnings 731,821 740,820
Treasury stock at cost: 30,526 and 30,590 shares at June 30, 2022 and December 31, 2021, respectively (660,112) (661,547)
Total Stockholders’ Equity 348,537 357,102
Total Liabilities and Stockholders’ Equity $ 600,179 $ 569,017