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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 113,473,000 $ 152,423,000
Accounts receivable, net 83,447,000 48,995,000
Inventories, net 172,099,000 154,980,000
Income taxes receivable 4,957,000 4,957,000
Other current assets 30,279,000 22,301,000
Total current assets 404,255,000 383,656,000
Property, plant and equipment, net 494,401,000 522,124,000
Deferred income tax assets, net 27,715,000 30,860,000
Goodwill   0
Intangibles, net 76,870,000 110,796,000
Other non-current assets 50,906,000 61,889,000
Total assets 1,054,147,000 1,109,325,000
Current liabilities:    
Accounts payable 153,197,000 151,839,000
Short-term debt 6,081,000 6,112,000
Accrued expenses 71,525,000 71,079,000
Income taxes payable 1,076,000 2,107,000
Total current liabilities 231,879,000 231,137,000
Long-term debt (less current portion) 602,355,000 625,492,000
Non-current income tax liabilities 8,289,000 7,635,000
Deferred income tax liabilities, net 3,913,000 9,104,000
Other non-current liabilities 77,089,000 76,426,000
Commitments and contingent liabilities (Note 19)
Mezzanine equity:    
Preferred stock, $0.01 par value Authorized - 1,000,000 shares Issued and outstanding 150,000 shares outstanding at December 31, 2021 and December 31, 2020 199,897,000 179,387,000
European non-controlling redeemable equity 1,146,000 1,666,000
Shareholders’ deficit:    
Common stock, $0.01 par value Authorized - 100,000,000 shares Issued and outstanding 26,163,077 and 25,591,930 shares at December 31, 2021 and December 31, 2020 103,214,000 95,247,000
Accumulated other comprehensive loss (125,974,000) (99,446,000)
Retained earnings (47,661,000) (17,323,000)
Total shareholders’ deficit (70,421,000) (21,522,000)
Total liabilities, mezzanine equity and shareholders’ deficit $ 1,054,147,000 $ 1,109,325,000