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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1 $ 54
Accounts receivable, net of allowances of $3,796 and $2,596 as of September 30, 2019 and December 31, 2018, respectively 77,209 86,471
Income tax receivable 973 973
Inventories, net 114,675 105,614
Prepaid expenses and other current assets 17,685 22,917
Total current assets 210,543 216,029
Property, plant and equipment, net 23,468 24,266
Intangible assets, net 14,281 17,010
Goodwill 29,835 29,835
Other noncurrent assets 25,242 2,742
TOTAL ASSETS 303,369 289,882
Current liabilities:    
Accounts payable 86,305 85,218
Current maturities of long-term debt 186 80
Revolving line of credit 36,756 54,613
Warrant liability 0 35,100
Other accrued liabilities 57,802 45,700
Total current liabilities 181,049 220,711
Deferred income taxes 617 647
Long-term debt, net of current maturities 55,704 55,088
Noncurrent contract liabilities 12,622 14,611
Other noncurrent liabilities 33,100 17,403
TOTAL LIABILITIES 283,092 308,460
STOCKHOLDERS’ EQUITY (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; 23,117 and 19,067 shares issued; 22,856 and 18,638 shares outstanding at September 30, 2019 and December 31, 2018, respectively 23 19
Additional paid-in capital 165,380 126,412
Accumulated deficit (134,988) (135,160)
Treasury stock, at cost, 261 and 429 shares at September 30, 2019 and December 31, 2018, respectively (10,138) (9,849)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 20,277 (18,578)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 303,369 $ 289,882