XML 12 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 8,793 $ 28,552
Accounts receivable—net of allowance for doubtful accounts of $5,258 at March 31, 2017 and $5,685 at December 31, 2016 274,474 261,686
Other receivables 40,430 52,845
Inventories 160,498 157,991
Prepaid expenses and other current assets 11,751 12,516
Total current assets 495,946 513,590
Property and equipment, net 145,540 144,387
Intangibles assets, net 207,477 215,381
Goodwill 446,041 437,935
Other assets 8,500 9,692
Total assets 1,303,504 1,320,985
Current liabilities:    
Accounts payable 128,527 119,788
Accrued payroll and employee benefits 19,203 26,956
Accrued taxes 8,915 9,151
Other current liabilities 34,270 49,613
Total current liabilities 190,915 205,508
Asset-based credit facility 42,000 208,469
Long-term portion of notes payable, net 527,632 525,487
Tax receivable agreement 203,837 0
Deferred income taxes, net 29,119 26,867
Other liabilities 12,543 26,138
Total liabilities 1,006,046 992,469
Commitments and contingencies
Stockholders' equity:    
Preferred stock 0 0
Common stock issued and outstanding 13 0
Additional paid-in capital 329,704 364,815
Accumulated deficit (32,368) (36,296)
Accumulated other comprehensive income (loss) 109 (3)
Total stockholders' equity 297,458 328,516
Total liabilities and stockholders' equity $ 1,303,504 $ 1,320,985