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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net loss $ (41,733,000) $ (1,908,000)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities    
Depreciation and amortization of intangible assets and loan fees 26,564,000 28,936,000
Loss on debt extinguishment 0 5,453,000
Loss (gain) on disposition of property, plant, and equipment 56,000 (1,185,000)
Stock based compensation expense 8,904,000 7,188,000
Goodwill impairment 47,264,000 0
Other non-cash activity (7,000) 133,000
Changes in assets and liabilities    
Accounts receivable (11,219,000) (21,910,000)
Inventories (50,847,000) (10,040,000)
Other assets 1,924,000 (883,000)
Accounts payable 18,957,000 (4,498,000)
Accrued wages payable 1,083,000 2,664,000
Other accrued expenses (1,818,000) 6,515,000
Net cash (used in) provided by operating activities (872,000) 10,465,000
Cash flows from investing activities    
Proceeds from disposition of property, plant, and equipment 0 5,055,000
Purchase of property, plant, and equipment (9,797,000) (24,577,000)
Net cash used in investing activities (9,797,000) (19,522,000)
Cash flows from financing activities    
Proceeds from issuance of long-term debt 44,000,000 630,568,000
Principal payments on long-term debt (49,700,000) (595,321,000)
Repurchase of Class A common stock (3,857,000) 0
Tax distributions to LLC Owners 0 (70,000)
Principal payments on finance lease obligations (1,097,000) (1,573,000)
Payment of deferred financing fees and debt discount 0 (6,454,000)
Tax withholding payments on Restricted Stock Units (862,000) (901,000)
Exercise of options to purchase Class A common stock 115,000 12,617,000
Net cash (used in) provided by financing activities (11,401,000) 38,866,000
Net change in cash and cash equivalents (22,070,000) 29,809,000
Effect of exchange rate changes on cash and cash equivalents (618,000) (91,000)
Cash and cash equivalents, beginning of period 79,406,000 33,456,000
Cash and cash equivalents, end of period 56,718,000 63,174,000
Supplemental cash flow information    
Interest paid 18,550,000 12,151,000
Net change in property, plant, and equipment acquired through accounts payable 376,000 889,000
Finance lease additions 59,000 544,000
Income taxes paid, net of refunds 258,000 282,000
Accrued tax distribution $ 0 $ 7,000