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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 7,114 $ 7,908
Accounts receivable, less allowances for $13,829 and $9,806 in 2015 and 2014, respectively 57,192 61,059
Inventories 26,146 38,400
Deferred income taxes 0 4,930
Prepaid income taxes 260 1,482
Prepaid expenses and other current assets 4,191 3,818
Total Current Assets 94,903 117,597
Property and equipment, net 6,859 6,722
Goodwill 31,152 80,974
Intangible assets, net 37,956 39,726
Deferred income taxes 0 1,128
Other assets 2,981 821
Total Assets 173,851 246,968
Current Liabilities:    
Revolving credit facilities 32,453 36,863
Term loans 4,814 1,923
Accounts payable 17,680 35,546
Other current liabilities 14,236 14,525
Total Current Liabilities 69,183 88,857
Term loans, long-term portion 13,565 5,769
Series B redeemable preferred stock 16,145 14,916
Deferred income taxes 4 648
Subordinated notes - related party 15,365 0
Other liabilities 2,937 5,592
Total Liabilities $ 117,199 $ 115,782
Commitments and Contingencies
Stockholders' Equity    
Common stock, $0.001 par value - 100,000,000 and 50,000,000 shares authorized; 42,529,502 and 42,027,991 shares issued and outstanding as of December 31, 2015 and 2014, respectively $ 43 $ 42
Additional paid-in capital 136,693 128,084
Retained earnings (accumulated deficit) (79,618) 3,289
Accumulated other comprehensive loss (466) (229)
Total Stockholders' Equity 56,652 131,186
Total Liabilities and Stockholders' Equity $ 173,851 $ 246,968