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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 37,423 $ 61,692
Accounts receivable, net 139,617 152,058
Inventories 83,288 87,462
Income taxes receivable 548 581
Other current assets 18,527 16,536
Total current assets 279,403 318,329
Non-current assets:    
Property, plant, and equipment, net 80,906 82,434
Goodwill 367,914 363,554
Other intangible assets, net 25,032 25,892
Deferred income taxes 45,743 45,494
Operating lease right-of-use assets 141,820 144,491
Other assets 18,844 17,945
Total assets 959,662 998,139
Current liabilities:    
Current portion of long-term debt 13,535 14,938
Accounts payable 57,969 63,565
Accrued expenses and other current liabilities 58,391 60,399
Accrued compensation related costs 37,232 54,465
Current portion of operating lease liabilities 33,182 33,438
Total current liabilities 200,309 226,805
Long-term liabilities:    
Long-term debt, less current portion 500,555 502,307
Operating lease liabilities 121,725 124,016
Other liabilities 28,520 34,840
Total liabilities 851,109 887,968
Commitments and contingencies (Note P)
Shareholders’ equity:    
Common stock, $0.01 par value; 60,000,000 shares authorized; 39,204,040 shares issued and 39,061,219 shares outstanding at 2022, and 38,891,438 shares issued and 38,748,617 shares outstanding at 2021 392 389
Additional paid-in capital 373,092 373,644
Accumulated other comprehensive loss (4,242) (11,150)
Accumulated deficit (259,993) (252,016)
Treasury stock, at cost; 142,821 shares at both 2022 and 2021 (696) (696)
Total shareholders’ equity 108,553 110,171
Total liabilities and shareholders’ equity $ 959,662 $ 998,139