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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 84,526 $ 46,698
Accounts receivable - net of allowances for doubtful accounts of $1,106 and $1,073 at 2019 and 2018, respectively 33,085 36,213
Inventories - net 49,943 49,475
Deferred income taxes 1,281 1,064
Other current assets 7,433 5,582
Current assets held for sale 0 58,171
Total current assets 174,987 196,139
Property, plant and equipment - net 70,276 75,166
Right-of-use operating lease assets 20,910  
Goodwill 45,684 44,065
Other intangible assets - net 64,590 69,700
Other assets - net 10,654 11,287
Noncurrent assets held for sale 0 107,240
Total assets 387,101 503,597
Current liabilities    
Current portion of long-term debt 5,800 5,687
Current portion of operating lease liabilities 4,275  
Accounts payable 22,914 30,421
Accrued compensation and employee benefits 8,551 11,954
Accrued interest 79 89
Other current liabilities 13,783 13,161
Current liabilities held for sale 0 24,551
Total current liabilities 55,402 85,863
Long-term debt 378,950 386,101
Long-term operating lease liabilities 19,136  
Deferred income taxes 7,534 17,613
Other long-term liabilities 16,938 18,436
Noncurrent liabilities held for sale 0 3,367
Total liabilities 477,960 511,380
Commitments and Contingencies (Note 17)
Shareholders’ (Deficit) Equity    
Preferred stock, $0.0001 par value (5,000,000 shares authorized, 43,950 shares issued and outstanding at December 31, 2019, including 860 shares declared on November 3, 2019 and issued on January 1, 2020, and 40,612 shares issued and outstanding at December 31, 2018, including 794 shares declared on November 1, 2018 and issued on January 1, 2019) 43,950 40,612
Common stock, $0.0001 par value (120,000,000 shares authorized, 28,508,977 shares issued and outstanding at December 31, 2019 and 27,394,978 shares issued and outstanding at December 31, 2018) 3 3
Additional paid-in capital 155,023 155,533
Retained deficit (261,192) (180,360)
Accumulated other comprehensive loss (28,643) (23,571)
Total shareholders’ (deficit) equity (90,859) (7,783)
Total liabilities and shareholders’ (deficit) equity $ 387,101 $ 503,597