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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 150,600 $ 188,419
Accounts receivable – net 60,673 49,978
Inventories 42,042 35,078
Other current assets 7,914 9,532
Total current assets 261,229 283,007
Property, plant and equipment – net 13,067 13,709
Goodwill 457,433 457,306
Intangible assets – net 110,483 118,763
Lease right-of-use assets 3,478 4,348
Other assets 13,423 11,016
Total assets 859,113 888,149
Current liabilities:    
Current portion of long-term debt 358 705
Accounts payable 26,091 20,845
Accrued salaries and benefits 14,344 17,265
Accrued expenses 3,308 5,042
Other current liabilities 2,031 0
Lease liabilities – current portion 1,668 2,266
Customer deposits and deferred service revenue 13,755 14,394
Total current liabilities 61,555 60,517
Lease liabilities – net of current portion 2,059 2,440
Deferred service revenue – noncurrent 6,327 7,597
Long-term debt 388,176 305,845
Other long-term liabilities 5,496 7,405
Total liabilities 463,613 383,804
Shareholders’ equity:    
Preferred stock, $.02 par value, 1,000,000 shares authorized 0 0
Common stock, $0.02 par value, 58,000,000 shares authorized, 28,331,349 and 28,094,333 shares issued, 27,093,634 and 26,924,397 outstanding at June 30, 2022 and December 31, 2021, respectively 565 562
Additional paid in capital 582,064 640,937
Accumulated deficit (170,383) (122,505)
Accumulated other comprehensive loss (3,353) (3,704)
Treasury stock, at cost, 1,237,715 shares and 1,181,449 shares at June 30, 2022 and December 31, 2021, respectively (13,393) (10,945)
Total shareholders’ equity 395,500 504,345
Total Liabilities and Shareholders’ Equity $ 859,113 $ 888,149