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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 48,314 $ 66,548
Accounts receivable, net 159,522 160,107
Inventories 114,881 112,672
Contract assets, net 50,314 47,919
Prepaid expenses 14,400 11,763
Other current assets 14,535 16,532
Total current assets 401,966 415,541
Property, plant and equipment, net 210,950 208,354
Operating lease right-of-use asset, net 103,452 104,121
Intangible assets, net 440,259 447,052
Goodwill 461,381 460,415
Other assets, net 6,410 4,766
Total assets 1,624,418 1,640,249
Current liabilities:    
Accounts payable and accrued liabilities 142,754 168,961
Current portion of operating lease liability 16,827 16,393
Total current liabilities 159,581 185,354
Long-term debt, net 645,108 642,134
Operating lease liability, less current portion 94,175 95,159
Deferred income taxes 47,452 47,407
Other liabilities 7,094 7,459
Total liabilities 953,410 977,513
Commitments and contingencies
Redeemable non-controlling interest 36,735 34,721
Shareholders' equity:    
Preferred stock; par value $.01 per share; 10,000 shares authorized; no shares outstanding
Common stock; par value $.01 per share; 200,000 shares authorized; 64,339 and 63,940 shares issued and 59,010 and 59,912 shares outstanding at April 1, 2023 and December 31, 2022, respectively 643 639
Additional paid-in-capital 442,546 442,116
Accumulated other comprehensive income 350 223
Retained earnings 236,483 204,891
Treasury stock at cost (3,934 shares and 2,760 shares at April 1, 2023 and December 31, 2022, respectively) (45,749) (19,854)
Total shareholders' equity 634,273 628,015
Total liabilities, redeemable non-controlling interest and shareholders' equity $ 1,624,418 $ 1,640,249