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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 111,185 $ 87,167
Accounts receivable, less allowance for credit losses of $191 and $400 as of June 30, 2024 and December 31, 2023, respectively 186,176 216,445
Other receivables 11,436 17,450
Income tax receivable 13,050 7,933
Inventory, net 287,860 362,295
Prepaid expenses and other current assets 58,612 45,566
Total Current Assets 668,319 736,856
Property, plant and equipment, net 134,578 123,020
Deferred tax assets 24,931 25,787
Goodwill 54,897 353,415
Intangibles, net 290,793 327,985
Other non-current assets 87,105 87,706
Long-term investments 30,159 27,743
Total Assets 1,290,782 1,682,512
Current Liabilities    
Accounts payable 158,550 162,922
Unearned revenue 55,107 46,731
Accrued expenses and other liabilities 36,307 37,607
Accrued wages and benefits 37,520 27,030
Income tax payable, net 2,228 5,221
Total Current Liabilities 289,712 279,511
Non-current revolving credit agreement outstanding 190,273 195,000
Deferred tax liabilities 21,077 35,655
Non-current unearned revenue 26,584 25,109
Non-current pension liability 11,505 12,543
Deferred compensation liability 30,601 29,039
Non-current lease obligations 26,613 31,420
Other non-current liabilities 34,445 28,657
Total Liabilities 630,810 636,934
Commitments and contingencies (see Note 18)
Redeemable Non-Controlling Interest 439,743 451,756
Equity    
Common stock, par value $0.01 per share; 200,000 shares authorized; 79,121 shares issued and 78,855 outstanding as of June 30, 2024 and 78,970 shares issued and 78,674 outstanding as of December 31, 2023 791 790
Additional paid-in capital 802,737 795,304
Accumulated other comprehensive income 28,274 47,461
Retained deficit (606,375) (243,908)
Treasury stock at cost: 266 and 297 shares as of June 30, 2024 and December 31, 2023, respectively (5,198) (5,825)
Total Equity 220,229 593,822
Total Liabilities, Redeemable Non-Controlling Interest and Equity $ 1,290,782 $ 1,682,512