Guarantor Financial Information (Tables)

12 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Consolidated Statements of Operations and Comprehensive Loss

Condensed Consolidated Statements of Operations and Comprehensive Loss For the year ended December 31, 2019
	Parent		Guarantors		Non-Guarantors		Eliminations		Consolidated
Net sales	$	361,232	$	92,576	$	106,528	$	(745)	$	559,591
Costs and expenses:
Cost of materials (exclusive of depreciation)	257,387		73,347		88,817		(745)		418,806
Warehouse, processing and delivery expense	59,569		11,152		6,846		—		77,567
Sales, general and administrative expense	53,467		4,782		6,308		—		64,557
Depreciation expense	7,128		982		649		—		8,759
Total costs and expenses	377,551		90,263		102,620		(745)		569,689
Operating (loss) income	(16,319)		2,313		3,908		—		(10,098)
Interest expense, net	38,792		1,076		34		—		39,902
Other income, net	(6,085)		(1,173)		672		—		(6,586)
(Loss) income before income taxes	(49,026)		2,410		3,202		—		(43,414)
Income tax (benefit) expense	(5,894)		236		759		—		(4,899)
Equity in earnings of subsidiaries	(4,617)		—		—		4,617		—
Net (loss) income	$	(38,515)	$	2,174	$	2,443	$	(4,617)	$	(38,515)
Comprehensive (loss) income	$	(37,541)	$	1,075	$	2,434	$	(3,509)	$	(37,541)

Condensed Consolidated Statements of Operations and Comprehensive Loss For the year ended December 31, 2018
	Parent		Guarantors		Non-Guarantors		Eliminations		Consolidated
Net sales	$	379,213	$	109,922	$	92,934	$	(99)	$	581,970
Costs and expenses:
Cost of materials (exclusive of depreciation)	274,037		84,970		78,144		(99)		437,052
Warehouse, processing and delivery expense	63,660		12,807		7,168		—		83,635
Sales, general and administrative expense	58,352		4,762		5,819		—		68,933
Depreciation expense	7,462		922		698		—		9,082
Total costs and expenses	403,511		103,461		91,829		(99)		598,702
Operating (loss) income	(24,298)		6,461		1,105		—		(16,732)
Interest expense, net	31,787		1,061		324		—		33,172
Other income, net	(7,894)		1,970		(2,056)		—		(7,980)
(Loss) income before income taxes	(48,191)		3,430		2,837		—		(41,924)
Income tax (benefit) expense	(6,714)		1,593		342		—		(4,779)
Equity in earnings of subsidiaries	(4,332)		—		—		4,332		—
Net (loss) income	$	(37,145)	$	1,837	$	2,495	$	(4,332)	$	(37,145)
Comprehensive (loss) income	$	(48,824)	$	2,082	$	(242)	$	(1,840)	$	(48,824)

Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet As of December 31, 2019
	Parent		Guarantors		Non-Guarantors		Eliminations		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	1,000	$	2,295	$	3,138	$	—	$	6,433
Accounts receivable, less allowance for doubtful accounts	43,321		16,147		15,229		—		74,697
Inventories	95,252		26,154		23,005		—		144,411
Prepaid expenses and other current assets	4,074		4,190		3,399		—		11,663
Total current assets	143,647		48,786		44,771		—		237,204
Goodwill and intangible assets	8,176		—		—		—		8,176
Operating right-of-use assets	18,825		6,259		4,339		—		29,423
Other non-current assets	8,362		234		(512)		—		8,084
Investment in subsidiaries	95,599		—		—		(95,599)		—
Receivables from affiliates	60,388		60,547		8,551		(129,486)		—
Property, plant and equipment, net	38,483		5,741		3,215		—		47,439
Total assets	$	373,480	$	121,567	$	60,364	$	(225,085)	$	330,326
Liabilities and Stockholders’ (Deficit) Equity
Current liabilities:
Accounts payable	$	32,280	$	5,800	$	3,665	$	—	$	41,745
Other current liabilities	12,615		4,231		2,048		—		18,894
Short-term borrowings	—		—		2,888		—		2,888
Total current liabilities	44,895		10,031		8,601		—		63,527
Long-term debt, less current portion	263,523		—		—		—		263,523
Payables due to affiliates	69,098		48,174		12,214		(129,486)		—
Deferred income taxes	3,637		—		138		—		3,775
Non-current operating lease liabilities	15,590		3,894		3,276		—		22,760
Other non-current liabilities	17,807		—		4		—		17,811
Stockholders’ (deficit) equity	(41,070)		59,468		36,131		(95,599)		(41,070)
Total liabilities and stockholders’ (deficit) equity	$	373,480	$	121,567	$	60,364	$	(225,085)	$	330,326

Condensed Consolidating Balance Sheet As of December 31, 2018
	Parent		Guarantors		Non-Guarantors		Eliminations		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	3,079	$	4,030	$	1,559	$	—	$	8,668
Accounts receivable, less allowance for doubtful accounts	44,327		18,754		16,676		—		79,757
Receivables from affiliates	7		—		—		(7)		—
Inventories	104,882		28,191		27,613		—		160,686
Prepaid expenses and other current assets	6,263		6,205		3,144		—		15,612
Total current assets	158,558		57,180		48,992		(7)		264,723
Goodwill and intangible assets	8,176		—		—		—		8,176
Other non-current assets	3,789		188		316		—		4,293
Investment in subsidiaries	92,065		—		—		(92,065)		—
Receivables from affiliates	68,169		60,547		4,954		(133,670)		—
Property, plant and equipment, net	43,698		6,128		3,374		—		53,200
Total assets	$	374,455	$	124,043	$	57,636	$	(225,742)	$	330,392
Liabilities and Stockholders’ (Deficit) Equity
Current liabilities:
Accounts payable	$	31,802	$	6,014	$	4,903	$	—	$	42,719
Payables due to affiliates	—		7		—		(7)		—
Other current liabilities	13,484		4,171		684		—		18,339
Short-term borrowings	—		—		5,498		—		5,498
Total current liabilities	45,286		10,192		11,085		(7)		66,556
Long-term debt, less current portion	245,966		—		—		—		245,966
Payables due to affiliates	65,502		55,412		12,756		(133,670)		—
Deferred income taxes	7,421		—		119		—		7,540
Other non-current liabilities	19,641		44		6		—		19,691
Stockholders’ (deficit) equity	(9,361)		58,395		33,670		(92,065)		(9,361)
Total liabilities and stockholders’ (deficit) equity	$	374,455	$	124,043	$	57,636	$	(225,742)	$	330,392

Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows For the year ended December 31, 2019
	Parent		Guarantors		Non-Guarantors		Eliminations		Consolidated
Operating activities:
Net (loss) income	$	(38,515)	$	2,174	$	2,443	$	(4,617)	$	(38,515)
Equity in earnings of subsidiaries	(4,617)		—		—		4,617		—
Adjustments to reconcile net (loss) income to net cash from (used in) operating activities	38,892		4,113		6,334		—		49,339
Net cash from (used in) operating activities	(4,240)		6,287		8,777		—		10,824
Investing activities:
Capital expenditures	(2,154)		(1,337)		(530)		—		(4,021)
Proceeds from sale of property, plant and equipment	8		434		—		—		442
Net advances to subsidiaries	11,377		—		—		(11,377)		—
Net cash used in investing activities	9,231		(903)		(530)		(11,377)		(3,579)
Financing activities:
Proceeds from long-term debt including credit facilities	3,500		—		—		—		3,500
Repayments of long-term debt including credit facilities	(9,988)		—		—		—		(9,988)
Net intercompany (repayments) borrowings	—		(7,238)		(4,139)		11,377		—
Other financing	(582)		—		(2,490)		—		(3,072)
Net cash (used in) from financing activities	(7,070)		(7,238)		(6,629)		11,377		(9,560)
Effect of exchange rate changes on cash and cash equivalents	—		119		(39)		—		80
Net change in cash and cash equivalents	(2,079)		(1,735)		1,579		—		(2,235)
Cash and cash equivalents—beginning of year	3,079		4,030		1,559		—		8,668
Cash and cash equivalents—end of year	$	1,000	$	2,295	$	3,138	$	—	$	6,433

Condensed Consolidating Statement of Cash Flows For the year ended December 31, 2018
	Parent		Guarantors		Non-Guarantors		Eliminations		Consolidated
Operating activities:
Net (loss) income	$	(37,145)	$	1,837	$	2,495	$	(4,332)	$	(37,145)
Equity in earnings of subsidiaries	(4,332)		—		—		4,332		—
Adjustments to reconcile net (loss) income to net cash (used in) from operating activities	17,961		(416)		(4,181)		—		13,364
Net cash (used in) from operating activities	(23,516)		1,421		(1,686)		—		(23,781)
Investing activities:
Capital expenditures	(4,130)		(848)		(709)		—		(5,687)
Proceeds from sale of property, plant and equipment	8		—		69		—		77
Net advances to subsidiaries	392		—		—		(392)		—
Net cash from (used in) investing activities	(3,730)		(848)		(640)		(392)		(5,610)
Financing activities:
Proceeds from long-term debt including credit facilities	49,954		—		—		—		49,954
Repayments of long-term debt including credit facilities	(21,130)		—		—		—		(21,130)
Net intercompany (repayments) borrowings	—		58		(450)		392		—
Other financing	(1,396)		—		(115)		—		(1,511)
Net cash from (used in) financing activities	27,428		58		(565)		392		27,313
Effect of exchange rate changes on cash and cash equivalents	—		(261)		(97)		—		(358)
Net change in cash and cash equivalents	182		370		(2,988)		—		(2,436)
Cash and cash equivalents—beginning of year	2,897		3,660		4,547		—		11,104
Cash and cash equivalents—end of year	$	3,079	$	4,030	$	1,559	$	—	$	8,668