Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 17,722	$ 8,935
Accounts receivable, less allowance for doubtful accounts of $7,622 and $6,393, respectively	104,813	107,053
Accounts receivable - other	3,326	5,546
Inventories	124,976	120,555
Contract assets	52,980	38,018
Prepaid expenses and other current assets	14,166	19,162
Total current assets	317,983	299,269
Property, plant and equipment, net	51,392	49,690
Operating lease right-of-use assets	9,113	8,246
Deferred tax asset	10,718	0
Intangible assets, net	55,753	60,420
Goodwill	0	39,434
Other assets	11,982	13,186
Total assets	456,941	470,245
Current liabilities:
Accounts payable	42,060	52,340
Other current liabilities	38,646	38,989
Current portion of long-term debt	3,750	15,286
Current portion of acquisition-related contingent liabilities	736	4,507
Total current liabilities	85,192	111,122
Long-term debt	151,567	100,845
Long-term pension liability	12,864	15,420
Long-term acquisition-related contingent liabilities	2,245	2,569
Long-term operating lease liabilities	3,936	3,729
Deferred tax liability	0	359
Other long-term liabilities	8,538	9,211
Commitments and contingencies (Note 12)
Shareholders’ equity:
Preferred stock, $.001 par value - authorized 300,000 shares (none issued)	0	0
Common stock, $.001 par value - authorized 50,000,000 shares, issued and outstanding - 16,376,683 and 16,127,505 shares, respectively	16	16
Additional paid-in capital	72,615	69,351
Retained earnings	122,979	163,836
Accumulated other comprehensive income (loss), net of tax:
Pensions	(1,113)	(4,577)
Cash flow hedges	0	47
Foreign currency translation adjustment	(1,898)	(1,683)
Total shareholders’ equity	192,599	226,990
Total liabilities and shareholders’ equity	$ 456,941	$ 470,245