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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 106,757 $ 87,167
Accounts receivable, less allowance for credit losses of $367 and $400 as of March 31, 2024 and December 31, 2023, respectively 187,554 216,445
Other receivables 12,116 17,450
Income tax receivable 8,717 7,933
Inventory, net 322,147 362,295
Prepaid expenses and other current assets 59,667 45,566
Total Current Assets 696,958 736,856
Property, plant and equipment, net 126,969 123,020
Deferred tax assets 25,421 25,787
Goodwill 55,129 353,415
Intangibles, net 306,448 327,985
Other non-current assets 87,729 87,706
Long-term investments 29,252 27,743
Total Assets 1,327,906 1,682,512
Current Liabilities    
Accounts payable 159,083 162,922
Unearned revenue 55,124 46,731
Accrued expenses and other liabilities 36,404 37,607
Accrued wages and benefits 25,869 27,030
Income tax payable, net 6,266 5,221
Total Current Liabilities 282,746 279,511
Non-current revolving credit agreement outstanding 195,000 195,000
Deferred tax liabilities 15,414 35,655
Non-current unearned revenue 22,884 25,109
Non-current pension liability 11,692 12,543
Deferred compensation liability 29,709 29,039
Non-current lease obligations 27,668 31,420
Other non-current liabilities 35,375 28,657
Total Liabilities 620,488 636,934
Commitments and contingencies (see Note 18)
Redeemable Non-Controlling Interest 441,635 451,756
Equity    
Common stock, par value $0.01 per share; 200,000 shares authorized; 79,116 shares issued and 78,850 outstanding as of March 31, 2024 and 78,970 shares issued and 78,674 outstanding as of December 31, 2023 791 790
Additional paid-in capital 798,897 795,304
Accumulated other comprehensive income 29,656 47,461
Retained deficit (558,363) (243,908)
Treasury stock at cost: 265 and 297 shares as of March 31, 2024 and December 31, 2023, respectively (5,198) (5,825)
Total Equity 265,783 593,822
Total Liabilities, Redeemable Non-Controlling Interest and Equity $ 1,327,906 $ 1,682,512