XML 14 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 200,293 $ 180,686
Accounts receivable – net 48,902 42,980
Inventories – net 33,988 21,638
Other current assets 13,111 3,625
Total current assets 296,294 248,929
Property, plant and equipment – net 13,831 13,856
Goodwill 459,195 41,214
Intangible assets – net 123,057 33,121
Lease right-of-use assets 4,138 2,569
Other assets 9,877 4,060
Total assets 906,392 343,749
Current liabilities:    
Current portion of long-term debt 695 666
Accounts payable 23,846 12,791
Accrued salaries and benefits 14,841 13,190
Accrued expenses 3,887 2,606
Lease liabilities – current portion 1,698 1,200
Customer deposits and deferred service revenue 15,498 9,506
Total current liabilities 60,465 39,959
Lease liabilities – net of current portion 2,824 1,462
Deferred service revenue – noncurrent 6,799 3,082
Long-term debt 302,336 105,844
Other long-term liabilities 9,287 4,997
Total liabilities 381,711 155,344
Commitments and contingencies (Note 11)
Shareholders’ equity:    
Preferred stock, $.02 par value, 1,000,000 shares authorized 0 0
Common stock, $.02 par value, 58,000,000 shares authorized, 28,017,033 and 22,982,955 shares issued, 26,855,578 and 21,917,357 outstanding at September 30, 2021 and December 31, 2020, respectively 560 459
Additional paid in capital 634,895 243,575
Accumulated deficit (96,866) (46,706)
Accumulated other comprehensive loss (3,992) (3,936)
Treasury stock, at cost, 1,161,455 shares and 1,065,598 shares at September 30, 2021 and December 31, 2020, respectively (9,916) (4,987)
Total shareholders’ equity 524,681 188,405
Total Liabilities and Shareholders’ Equity $ 906,392 $ 343,749