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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1 $ 54
Accounts receivable, net of allowances of $3,176 and $2,596 as of March 31, 2019 and December 31, 2018, respectively 69,766 86,471
Income tax receivable 973 973
Inventories, net 117,801 105,614
Prepaid expenses and other current assets 29,942 22,917
Total current assets 218,483 216,029
Property, plant and equipment, net 23,839 24,266
Intangible assets, net 16,100 17,010
Goodwill 29,835 29,835
Other noncurrent assets 25,983 2,742
TOTAL ASSETS 314,240 289,882
Current liabilities:    
Accounts payable 85,240 85,218
Current maturities of long-term debt 96 80
Revolving line of credit 56,825 54,613
Warrant liability 30,700 35,100
Other accrued liabilities 62,254 45,700
Total current liabilities 235,115 220,711
Deferred income taxes 6 647
Long-term debt, net of current maturities 55,208 55,088
Noncurrent contract liabilities 13,769 14,611
Other noncurrent liabilities 31,117 17,403
TOTAL LIABILITIES 335,215 308,460
STOCKHOLDERS’ DEFICIT    
Preferred stock – $0.001 par value. Shares authorized: 5,000. No shares issued and outstanding at all dates. 0 0
Common stock – $0.001 par value; 50,000 shares authorized; 19,067 and 19,067 shares issued; 18,758 and 18,638 shares outstanding at March 31, 2019 and December 31, 2018, respectively 19 19
Additional paid-in capital 126,977 126,412
Accumulated deficit (137,746) (135,160)
Treasury stock, at cost, 309 and 429 shares at March 31, 2019 and December 31, 2018, respectively (10,225) (9,849)
TOTAL STOCKHOLDERS’ DEFICIT (20,975) (18,578)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 314,240 $ 289,882