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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 16,115 $ 17,801
Accounts receivable, net of allowances of $1,088 and $1,143 91,196 142,804
Income tax receivable 7,980 0
Inventories 80,024 144,944
Prepaid expenses and other current assets 8,539 6,124
Total current assets 203,854 311,673
Property and equipment, net of accumulated depreciation of $14,354 and $14,159 15,759 18,019
Intangible assets, net of accumulated amortization of $105,168 and $95,632 51,704 63,110
Deferred income tax assets, net 23,680 22,657
Operating lease right of use assets 9,890 9,636
Goodwill 24,920 43,569
Other assets 243 567
Total assets 330,050 469,231
Current liabilities:    
Accounts payable 60,142 87,303
Income tax payable 0 5,266
Sales returns liability 25,668 43,853
Accrued wages and wage-related expenses 6,225 6,328
Accrued liabilities 5,440 15,164
Current portion of other long-term liabilities 662 0
Current portion of operating lease liabilities 2,786 2,099
Total current liabilities 100,923 160,013
Line of credit 87,655 107,140
Operating lease liabilities 9,915 10,599
Other long-term liabilities 8,782  
Total liabilities 207,275 277,752
Commitments and contingencies (Note 12 and Note 13)
Stockholders’ equity:    
Common stock, $0.001 par value; 100,000 shares authorized; 36,884 and 36,610 shares issued 37 37
Treasury stock, 7,055 and 7,055 common shares at cost (50,455) (50,455)
Additional paid-in capital 120,188 116,533
Accumulated other comprehensive loss (962) (1,631)
Retained earnings 53,967 126,995
Total stockholders’ equity 122,775 191,479
Total liabilities and stockholders’ equity $ 330,050 $ 469,231