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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 85,218 $ 180,686
Accounts receivable – net 45,248 42,980
Inventories – net 29,947 21,638
Other current assets 16,592 3,625
Total current assets 177,005 248,929
Property, plant and equipment – net 14,006 13,856
Goodwill 458,773 41,214
Intangible assets – net 130,726 33,121
Lease right-of-use assets 4,779 2,569
Other assets 12,386 4,060
Total assets 797,675 343,749
Current liabilities:    
Current portion of long-term debt 685 666
Accounts payable 21,822 12,791
Accrued salaries and benefits 16,225 13,190
Accrued expenses 5,172 2,606
Lease liabilities – current portion 1,865 1,200
Customer deposits and deferred service revenue 14,584 9,506
Total current liabilities 60,353 39,959
Lease liabilities – net of current portion 3,322 1,462
Deferred service revenue – noncurrent 5,234 3,082
Long-term debt 279,087 105,844
Other long-term liabilities 13,118 4,997
Total liabilities 361,114 155,344
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, $.02 par value, 1,000,000 shares authorized 0 0
Common stock, $.02 par value, 58,000,000 shares authorized, 26,998,216 and 22,982,955 shares issued, 25,848,889 and 21,917,357 outstanding at June 30, 2021 and December 31, 2020, respectively 540 459
Additional paid in capital 514,295 243,575
Accumulated deficit (64,933) (46,706)
Accumulated other comprehensive loss (3,883) (3,936)
Treasury stock, at cost, 1,149,327 shares and 1,065,598 shares at June 30, 2021 and December 31, 2020, respectively (9,458) (4,987)
Total shareholders’ equity 436,561 188,405
Total Liabilities and Shareholders’ Equity $ 797,675 $ 343,749