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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash $ 17,576 $ 17,655
Accounts receivable, less allowances of $2,998 and $3,229, respectively 132,689 100,691
Income tax receivable 0 2,517
Inventories, net 99,652 93,551
Prepaid expenses and other current assets 4,889 5,500
Total Current Assets 254,806 219,914
Property, plant, and equipment, net 92,204 92,049
Right of use asset - operating leases 27,870 29,285
Goodwill 88,951 88,778
Intangible assets, net 48,756 50,181
Deferred income taxes 106 106
Other 4,552 4,236
Total Assets 517,245 484,549
Current Liabilities    
Accounts payable 101,276 81,690
Accrued employee compensation 17,370 21,616
Income taxes payable 1,725 0
Accrued taxes payable, other than income taxes 2,418 2,759
Accrued interest 455 966
Other current liabilities 20,031 19,628
Operating lease liability - short-term 5,236 5,341
Finance lease liability - short-term 504 500
Total Current Liabilities 149,015 132,500
Long-term debt 92,450 90,945
Operating lease liability - long-term 22,548 23,815
Finance lease liability - long-term 9,308 9,437
Other liabilities 13,967 13,086
Deferred income taxes 5,819 5,441
Total Liabilities 293,107 275,224
Shareholders’ Equity    
Serial Preferred Shares (authorized 1,000,000 shares; none issued and outstanding)
Common Shares, without par value (authorized 60,000,000 shares; outstanding 36,227,529 and 35,921,025; net of treasury shares of 6,324,928 and 6,631,432, respectively) 22,225 22,172
Additional paid-in capital 308,521 306,720
Accumulated other comprehensive loss (14,831) (15,401)
Retained deficit (91,777) (104,166)
Total Shareholders’ Equity 224,138 209,325
Total Liabilities and Shareholders’ Equity $ 517,245 $ 484,549