XML 63 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 48,977 $ 66,785
Accounts receivable, net (includes amounts owed by related parties of $554 and $771 as of March 31, 2013 and December 31, 2012, respectively) 172,493 18,768
Inventories 89,513 45,206
Deferred income taxes 2,545 2,512
Prepaid expenses and other assets 18,371 15,812
Total current assets 331,899 149,083
PROPERTY, PLANT AND EQUIPMENT, NET 250,858 242,885
PROPERTY, PLANT AND EQUIPMENT, NET - VARIABLE INTEREST ENTITY 5,350 5,405
GOODWILL 84,864 84,864
DEFERRED INCOME TAXES   969
OTHER ASSETS (includes amounts owed by related parties of $352 and $692 as of March 31, 2013 and December 31, 2012, respectively) 12,726 12,578
TOTAL ASSETS 685,697 495,784
CURRENT LIABILITIES:    
Revolving line of credit 27,437  
Current maturities of notes payable 25,023 4,955
Current maturities of notes payable - variable interest entity 290 283
Accounts payable (includes amounts owed to related parties of $3,038 and $3,634 as of March 31, 2013 and December 31, 2012, respectively) 116,785 28,131
Accrued expenses and other liabilities 30,476 6,475
Deferred revenue 1,361  
Total current liabilities 201,372 39,844
UNFAVORABLE LEASE OBLIGATION 8,752 9,035
DEFERRED INCOME TAXES 1,603  
NOTES PAYABLE 6,986 27,776
NOTES PAYABLE - VARIABLE INTEREST ENTITY 3,955 4,030
OTHER LIABILITIES 7,198 7,292
Total liabilities 229,866 87,977
COMMITMENTS AND CONTINGENCIES (Note 12)      
EQUITY:    
Common stock ($.0001 par value; 140,000,000 shares authorized; 30,649,061 and 30,559,935 shares outstanding at March 31, 2013 and December 31, 2012, respectively) 3 3
Common stock - additional paid-in-capital 275,800 273,989
Warrants - additional paid-in-capital 147 147
Retained earnings 100,226 53,823
Total paid-in capital and retained earnings 376,176 327,962
Treasury stock (484,660 and 462,985 shares outstanding at March 31, 2013 and December 31, 2012, respectively) (3,356) (3,198)
Total stockholders' equity 372,820 324,764
TOTAL LIABILITIES AND EQUITY 685,697 495,784
Series B Preferred Stock
   
CURRENT LIABILITIES:    
SERIES B PREFERRED STOCK ($.0001 par value; 3,000,000 shares authorized; 2,993,966 and 2,995,106 shares outstanding at March 31, 2013 and December 31, 2012, respectively; redemption amount $74,849 and $74,878 at March 31, 2013 and December 31, 2012, respectively) $ 83,011 $ 83,043