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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 88,456 $ 87,167
Accounts receivable, less allowance for credit losses of $420 and $400 as of September 30, 2024 and December 31, 2023, respectively 172,025 216,445
Other receivables 12,871 17,450
Income tax receivable 13,466 7,933
Inventory, net 282,926 362,295
Prepaid expenses and other current assets 69,112 45,566
Total Current Assets 638,856 736,856
Property, plant and equipment, net 147,428 123,020
Deferred tax assets 25,697 25,787
Goodwill 56,884 353,415
Intangibles, net 286,098 327,985
Other non-current assets 86,677 87,706
Long-term investments 31,506 27,743
Total Assets 1,273,146 1,682,512
Current Liabilities    
Accounts payable 173,354 162,922
Unearned revenue 54,615 46,731
Accrued expenses and other liabilities 34,482 36,204
Accrued wages and benefits 40,366 27,030
Income tax payable, net 2,007 5,221
Total Current Liabilities 304,824 278,108
Non-current revolving credit agreement outstanding 189,849 195,000
Deferred tax liabilities 21,483 35,655
Non-current unearned revenue 24,901 25,109
Non-current pension liability 12,149 12,543
Deferred compensation liability 32,046 29,039
Non-current lease obligations 25,635 31,420
Other non-current liabilities 26,489 28,657
Total Liabilities 637,376 635,531
Commitments and contingencies (see Note 18)
Redeemable Non-Controlling Interest 421,776 442,152
Equity    
Common stock, par value $0.01 per share; 200,000 shares authorized; 79,233 shares issued and 78,967 outstanding as of September 30, 2024 and 78,970 shares issued and 78,674 outstanding as of December 31, 2023 792 790
Additional paid-in capital 806,187 795,304
Accumulated other comprehensive income 47,377 47,465
Retained deficit (635,164) (232,905)
Treasury stock at cost: 266 and 297 shares as of September 30, 2024 and December 31, 2023, respectively (5,198) (5,825)
Total Equity 213,994 604,829
Total Liabilities, Redeemable Non-Controlling Interest and Equity $ 1,273,146 $ 1,682,512