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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 46,741 $ 75,639
Trade receivables, net of allowance for doubtful accounts of $931 and $1,339, respectively 36,708 37,323
Inventories, net 96,406 90,046
Income taxes receivable 1,018 794
Other current assets 3,575 3,997
Total current assets 184,448 207,799
Property and equipment, net 74,904 74,122
Intangible assets, net 20,977 21,674
Goodwill 25,465 25,465
Deferred income taxes 714 705
Other assets 3,959 2,918
Total assets 310,467 332,683
Current liabilities:    
Accounts payable 23,136 21,696
Accrued expenses 26,531 27,781
Other current liabilities 962 883
Current maturities of long-term debt 640 640
Income taxes payable 422 243
Total current liabilities 51,691 51,243
Long-term liabilities:    
Long-term debt net, less current maturities 109,913 109,799
Other long-term liabilities 1,159 1,048
Deferred income taxes 231 233
Income taxes payable 638 635
Total liabilities 163,632 162,958
Commitments and contingencies (Note 10)
Stockholders' equity:    
Common stock, $0.01 par value, 300,000,000 shares authorized; 84,417,725 and 83,738,974 shares issued, and 83,504,206 and 82,825,455 shares outstanding as of June 30, 2024 and December 31, 2023, respectively 833 827
Additional paid in capital 307,524 298,394
Accumulated deficit (154,827) (123,646)
Accumulated other comprehensive (loss) income (713) 132
Treasury stock, at cost; 913,519 shares as of June 30, 2024 and December 31, 2023 (5,982) (5,982)
Total stockholders' equity 146,835 169,725
Total liabilities & stockholders' equity $ 310,467 $ 332,683