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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash $ 22,434 $ 17,655
Accounts receivable, less allowances of $3,245 and $3,229, respectively 132,002 100,691
Income tax receivable 0 2,517
Inventories, net 108,902 93,551
Prepaid expenses and other current assets 11,301 5,500
Total Current Assets 274,639 219,914
Property, plant, and equipment, net 94,945 92,049
Right of use asset - operating leases 29,052 29,285
Goodwill 96,093 88,778
Intangible assets, net 55,081 50,181
Deferred income taxes 106 106
Other 4,096 4,236
Total Assets 554,012 484,549
Current Liabilities    
Accounts payable 104,314 81,690
Accrued employee compensation 22,200 21,616
Income taxes payable 3,085 0
Accrued taxes payable, other than income taxes 2,482 2,759
Accrued interest 929 966
Other current liabilities 20,758 19,628
Operating lease liability - short-term 5,774 5,341
Finance lease liability - short-term 509 500
Total Current Liabilities 160,051 132,500
Long-term debt 103,956 90,945
Operating lease liability - long-term 23,242 23,815
Finance lease liability - long-term 9,179 9,437
Other liabilities 13,863 13,086
Deferred income taxes 6,463 5,441
Total Liabilities 316,754 275,224
Shareholders’ Equity    
Serial Preferred Shares (authorized 1,000,000 shares; none issued and outstanding) 0 0
Common Shares, without par value (authorized 60,000,000 shares; outstanding 36,458,306 and 36,262,259; net of treasury shares of 6,094,151 and 6,290,198, respectively) 22,304 22,172
Additional paid-in capital 311,939 306,720
Accumulated other comprehensive loss (16,010) (15,401)
Retained deficit (80,975) (104,166)
Total Shareholders’ Equity 237,258 209,325
Total Liabilities and Shareholders’ Equity $ 554,012 $ 484,549