XML 14 R4.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 6,454 $ 15,299
Accounts receivable—net of allowance for doubtful accounts of $3,631 and $3,239, respectively 325,579 276,043
Other receivables 46,415 57,472
Inventories 170,398 165,989
Prepaid expenses and other current assets 12,281 9,053
Total current assets 561,127 523,856
Property and equipment, net 148,054 151,641
Right-of-use assets, net 114,653 0
Intangible assets, net 129,565 145,876
Goodwill 490,607 484,941
Other assets 5,760 10,393
Total assets 1,449,766 1,316,707
Current liabilities:    
Accounts payable 165,314 137,773
Accrued payroll and employee benefits 25,867 28,830
Accrued taxes 9,508 11,867
Tax receivable agreement 27,676 16,667
Current portion of term loan, net 4,500 4,500
Current portion of lease liabilities 28,407  
Other current liabilities 22,227 19,979
Total current liabilities 283,499 219,616
Asset-based revolving credit facility 136,462 146,000
Long-term portion of term loan, net 436,316 437,999
Tax receivable agreement 90,272 117,948
Deferred income taxes, net 18,701 20,678
Long-term portion of lease liabilities 93,627  
Other liabilities 8,231 8,117
Total liabilities 1,067,108 950,358
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value, authorized 10,000,000 shares; 0 shares issued 0 0
Common stock, $0.001 par value, authorized 190,000,000 shares; 42,988,110 and 42,907,326 shares issued, respectively 13 13
Additional paid-in capital 334,131 332,330
Retained earnings 52,174 34,187
Accumulated other comprehensive loss (3,660) (181)
Total stockholders' equity 382,658 366,349
Total liabilities and stockholders' equity $ 1,449,766 $ 1,316,707