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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 31,825 $ 34,958
Accounts receivable, net of allowances of $306 and $243, respectively 152,626 174,472
Inventories 142,542 141,045
Other current assets 12,582 20,201
Total current assets 339,575 370,676
Property, plant and equipment, net of accumulated depreciation of $184,131 and $172,536, respectively 67,805 63,126
Operating lease right-of-use asset, net 26,372 26,116
Intangible assets, net of accumulated amortization of $21,148 and $18,180, respectively 14,620 18,283
Deferred income taxes, net 12,275 24,108
Other assets 9,621 5,384
TOTAL ASSETS 470,268 507,693
Current liabilities:    
Accounts payable 122,091 101,915
Current operating lease liabilities 7,421 9,048
Accrued liabilities and other 35,388 41,792
Current portion of long-term debt 10,938 9,375
Total current liabilities 175,838 162,130
Long-term debt 141,499 185,581
Long-term operating lease liabilities 19,422 18,519
Pension and other post-retirement liabilities 8,428 9,905
Other long-term liabilities 5,041 4,905
Total liabilities 350,228 381,040
Stockholders’ equity:    
Preferred stock, $0.01 par value (5,000,000 shares authorized; no shares issued and outstanding) 0 0
Common stock, $0.01 par value (60,000,000 shares authorized; 32,826,852 and 32,034,592 shares issued and outstanding, respectively) 328 321
Treasury stock, at cost: 1,899,996 and 1,708,981 shares, respectively (14,514) (13,172)
Additional paid-in capital 261,371 255,566
Retained deficit (95,595) (73,624)
Accumulated other comprehensive loss (31,550) (42,438)
Total stockholders’ equity 120,040 126,653
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 470,268 $ 507,693