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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 108,644 $ 56,603
Restricted cash   215
Short-term investments (includes $340 and $350 of available-for-sale securities as of December 31, 2022 and 2021, respectively, reported at fair value) 340 350
Accounts receivable, less allowance for credit losses of $49 and $0 as of December 31, 2022 and 2021, respectively 279,435 158,742
Other receivables 32,831 11,228
Inventory, net 427,531 139,891
Prepaid expenses and other current assets 33,577 9,296
Total Current Assets 882,358 376,325
Property, plant and equipment, net 110,699 55,766
Deferred tax assets, net 6,210 9,079
Goodwill 381,724 6,968
Intangibles, net 401,211 19,293
Other non-current assets 66,998 30,971
Long-term investments (includes $8,9143 and $29,717 of available-for-sale securities as of December 31, 2022 and 2021, respectively, reported at fair value) 32,665 70,615
Total Assets 1,881,865 569,017
Current Liabilities    
Accounts payable 237,699 102,489
Revolving credit agreements outstanding 95,936  
Notes Payable 24,598  
Unearned revenue 41,193 17,737
Accrued expenses and other liabilities 35,235 13,673
Accrued wages and benefits 44,882 14,900
Income tax payable, net 9,032 6,560
Total Current Liabilities 488,575 155,359
Non-current unearned revenue 19,239 9,271
Pension liability 10,624 11,402
Deferred compensation liability 26,668 31,383
Non-current lease obligations 22,807 3,269
Other non-current liabilities 10,339 1,231
Total Liabilities 578,252 211,915
Commitments and contingencies (see Note 20)
Equity    
Common stock, par value $0.01 per share; 200,000 shares authorized; 78,088 shares issued and 77,889 shares outstanding as of December 31, 2022 and 79,652 shares issued and 48,24149,063 shares outstanding as of December 31, 2021 781 797
Additional paid-in capital 895,834 288,946
Accumulated other comprehensive income (loss) 46,713 (11,914)
Retained earnings 55,338 740,820
Less treasury stock at cost: 198 and 30,590 shares as of December 31, 2022 and 2021, respectively (4,125) (661,547)
Non-controlling interest 309,072  
Total Equity 1,303,613 357,102
Total Liabilities and Equity $ 1,881,865 $ 569,017