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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 4,639 $ 16,189
Accounts receivable, less allowances of $15,177 at March 31, 2024 and $15,952 at December 31, 2023 113,645 155,180
Inventory 189,820 188,647
Prepaid expenses and other current assets 13,915 16,339
TOTAL CURRENT ASSETS 322,019 376,355
PROPERTY AND EQUIPMENT, net 16,356 16,970
OPERATING LEASE RIGHT-OF-USE ASSETS 66,662 69,756
INVESTMENTS 0 1,826
INTANGIBLE ASSETS, net 195,343 199,133
OTHER ASSETS 2,286 3,102
TOTAL ASSETS 602,666 667,142
CURRENT LIABILITIES    
Current maturity of term loan 10,652 4,742
Accounts payable 32,855 54,154
Accrued expenses 64,697 78,356
Income taxes payable 567 641
Current portion of operating lease liabilities 14,251 14,075
TOTAL CURRENT LIABILITIES 123,022 151,968
OTHER LONG-TERM LIABILITIES 9,257 9,126
INCOME TAXES PAYABLE, LONG-TERM 1,493 1,493
OPERATING LEASE LIABILITIES 66,278 70,009
DEFERRED INCOME TAXES 7,429 7,438
REVOLVING CREDIT FACILITY 40,860 60,395
TERM LOAN 130,626 135,834
STOCKHOLDERS’ EQUITY    
Preferred stock, $1.00 par value, shares authorized: 100 shares of Series A and 2,000,000 shares of Series B; none issued and outstanding 0 0
Common stock, $0.01 par value, shares authorized: 50,000,000 at March 31, 2024 and December 31, 2023; shares issued and outstanding: 22,073,256 at March 31, 2024 and 21,813,266 at December 31, 2023 221 218
Paid-in capital 277,496 277,728
Accumulated deficit (20,771) (13,568)
Accumulated other comprehensive loss (33,245) (33,499)
TOTAL STOCKHOLDERS’ EQUITY 223,701 230,879
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 602,666 $ 667,142