XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 816 $ 3
Accounts receivable, net of allowances of $3,252 and $3,561 as of March 31, 2020 and December 31, 2019, respectively 58,956 104,515
Income tax receivable 3,808 1,055
Inventories, net 125,600 108,839
Prepaid expenses and other current assets 12,231 8,110
Total current assets 201,411 222,522
Property, plant and equipment, net 22,711 23,194
Intangible assets, net 12,608 13,372
Goodwill 29,835 29,835
Other noncurrent assets 23,470 24,749
TOTAL ASSETS 290,035 313,672
Current liabilities:    
Accounts payable 67,313 75,835
Current maturities of long-term debt 55,158 195
Revolving line of credit 16,829 39,527
Other accrued liabilities 75,598 66,030
Total current liabilities 214,898 181,587
Deferred tax liabilities 714 1,105
Long-term debt, net of current maturities 896 55,657
Noncurrent contract liabilities 16,695 17,998
Other noncurrent liabilities 28,891 28,828
TOTAL LIABILITIES 262,094 285,175
STOCKHOLDERS’ EQUITY    
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 23,117 shares issued; 22,858 and 22,857 shares outstanding at March 31, 2020 and December 31, 2019, respectively 23 23
Additional paid-in capital 165,691 165,527
Accumulated deficit (127,624) (126,912)
Treasury stock, at cost, 259 and 260 shares at March 31, 2020 and December 31, 2019, respectively (10,149) (10,141)
TOTAL STOCKHOLDERS’ EQUITY 27,941 28,497
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 290,035 $ 313,672