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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 6,433 $ 8,668
Accounts receivable, less allowances of $1,766 and $1,364, respectively 74,697 79,757
Inventories 144,411 160,686
Prepaid expenses and other current assets 9,668 14,344
Income tax receivable 1,995 1,268
Total current assets 237,204 264,723
Goodwill and intangible assets 8,176 8,176
Prepaid pension cost 5,758 1,754
Deferred income taxes 1,534 1,261
Operating right-of-use assets 29,423  
Other noncurrent assets 792 1,278
Property, plant and equipment:    
Land 5,579 5,577
Buildings 20,950 21,218
Machinery and equipment 41,054 38,394
Property, plant and equipment, at cost 67,583 65,189
Accumulated depreciation (20,144) (11,989)
Property, plant and equipment, net 47,439 53,200
Total assets 330,326 330,392
Current liabilities:    
Accounts payable 41,745 42,719
Accrued payroll and employee benefits 7,648 11,307
Accrued and other current liabilities 3,540 5,324
Operating 6,537  
Income tax payable 573 1,589
Short-term Debt 2,888 5,498
Current portion of finance leases 596  
Current portion of finance leases   119
Total current liabilities 63,527 66,556
Long-term debt, less current portion 263,523 245,966
Deferred income taxes 3,775 7,540
Finance leases, less current portion 8,208  
Finance leases, less current portion   61
Build-to-suit liability 0 9,975
Other Liabilities, Noncurrent 2,894 3,334
Pension and postretirement benefit obligations 6,709 6,321
Noncurrent operating lease liabilities 22,760  
Commitments and contingencies (Note 9)
Stockholders’ deficit:    
Common stock, $0.01 par value—200,000 Class A shares authorized with 3,818 shares issued and 3,650 shares outstanding at December 31, 2019, and 3,803 shares issued and outstanding at December 31, 2018 38 38
Additional paid-in capital 61,461 55,421
Accumulated deficit (88,741) (50,472)
Accumulated other comprehensive loss (13,374) (14,348)
Treasury stock, at cost — 168 shares at December 31, 2019 and no shares at December 31, 2018 (454) 0
Total stockholders’ deficit (41,070) (9,361)
Total liabilities and stockholders’ deficit $ 330,326 $ 330,392