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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 3 $ 54
Accounts receivable, net of allowances of $3,561 and $2,596 as of December 31, 2019 and December 31, 2018, respectively 104,515 86,471
Income tax receivable 1,055 973
Inventories, net 108,839 105,614
Prepaid expenses and other current assets 8,110 22,917
Total current assets 222,522 216,029
Property, plant and equipment, net 23,194 24,266
Intangible assets, net 13,372 17,010
Goodwill 29,835 29,835
Other noncurrent assets 24,749 2,742
TOTAL ASSETS 313,672 289,882
Current liabilities:    
Accounts payable 75,835 85,218
Current maturities of long-term debt 195 80
Revolving line of credit 39,527 54,613
Warrant liability 0 35,100
Other accrued liabilities 66,030 45,700
Total current liabilities 181,587 220,711
Deferred income taxes 1,105 647
Long-term debt, net of current maturities 55,657 55,088
Noncurrent contract liabilities 17,998 14,611
Other noncurrent liabilities 28,828 17,403
TOTAL LIABILITIES 285,175 308,460
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock – $0.001 par value. Shares authorized: 5,000. No shares issued and outstanding at all dates. 0 0
Common stock – $0.001 par value; 50,000 shares authorized; 23,117 and 19,067 shares issued; 22,857 and 18,638 shares outstanding at December 31, 2019 and December 31, 2018, respectively 23 19
Additional paid-in capital 165,527 126,412
Accumulated deficit (126,912) (135,160)
Treasury stock, at cost, 260 and 429 shares at December 31, 2019 and December 31, 2018, respectively (10,141) (9,849)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 28,497 (18,578)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 313,672 $ 289,882