XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 25,073 $ 7,864
Accounts receivable, net of $80,722 and $100,328 of adjustments for chargebacks and other allowances at March 31, 2021 and December 31, 2020, respectively 91,876 95,793
Inventories, net 59,927 60,803
Prepaid expenses and other current assets 5,922 5,861
Total Current Assets 182,798 170,321
Property and equipment, net 59,541 58,797
Accumulated depreciation (18,774) (17,528)
Property and equipment, net 40,767 41,269
Restricted cash 5,000 5,003
Deferred tax assets, net of deferred tax liabilities and valuation allowance 52,006 51,704
Intangible assets, net 178,859 188,511
Goodwill 3,580 3,580
Other non-current assets 833 802
Total Assets 463,843 461,190
Current Liabilities    
Current debt, net of deferred financing costs 14,438 13,243
Accounts payable 13,769 11,261
Accrued expenses and other 2,381 2,456
Accrued royalties 5,310 6,407
Accrued compensation and related expenses 5,533 6,231
Current income taxes payable, net 3,659 3,906
Accrued government rebates 8,672 7,826
Returned goods reserve 28,944 27,155
Deferred revenue 62 80
Total Current Liabilities 82,768 78,565
Non-current Liabilities    
Non-current debt, net of deferred financing costs and current component 168,985 172,443
Derivatives and other non-current liabilities 8,378 14,482
Total Liabilities 260,131 265,490
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 12,829,750 shares issued and 12,743,715 outstanding at March 31, 2021; 12,429,916 shares issued and 12,354,A36398 shares outstanding at December 31, 2020 1 1
Class C Special Stock, $0.0001 par value, 781,281 shares authorized; 10,864 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively
Treasury stock, 86,035 shares of common stock, at cost, at March 31, 2021 and 75,518 shares of common stock, at cost, at December 31, 2020 (2,594) (2,246)
Additional paid-in capital 216,223 214,354
Accumulated deficit (4,886) (4,972)
Accumulated other comprehensive loss, net of tax (5,032) (11,437)
Total Stockholders' Equity 203,712 195,700
Total Liabilities and Stockholders' Equity $ 463,843 $ 461,190