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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 24,380 $ 61,692
Accounts receivable, net 150,898 152,058
Inventories 88,018 87,462
Income taxes receivable 0 581
Other current assets 19,614 16,536
Total current assets 282,910 318,329
Non-current assets:    
Property, plant, and equipment, net 81,015 82,434
Goodwill 377,164 363,554
Other intangible assets, net 25,147 25,892
Deferred income taxes 43,069 45,494
Operating lease right-of-use assets 139,009 144,491
Other assets 18,552 17,945
Total assets 966,866 998,139
Current liabilities:    
Current portion of long-term debt 15,636 14,938
Accounts payable 67,651 63,565
Accrued expenses and other current liabilities 56,151 60,399
Accrued compensation related costs 56,795 54,465
Current portion of operating lease liabilities 34,326 33,438
Total current liabilities 230,559 226,805
Long-term liabilities:    
Long-term debt, less current portion 465,022 502,307
Operating lease liabilities 117,230 124,016
Other liabilities 28,847 34,840
Total liabilities 841,658 887,968
Commitments and contingencies (Note P)
Shareholders’ equity:    
Common stock, $0.01 par value; 60,000,000 shares authorized; 39,276,679 shares issued and 39,133,858 shares outstanding at 2022, and 38,891,438 shares issued and 38,748,617 shares outstanding at 2021 393 389
Additional paid-in capital 376,717 373,644
Accumulated other comprehensive loss (1,330) (11,150)
Accumulated deficit (249,876) (252,016)
Treasury stock, at cost; 142,821 shares at both 2022 and 2021 (696) (696)
Total shareholders’ equity 125,208 110,171
Total liabilities and shareholders’ equity $ 966,866 $ 998,139