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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 17,766 $ 15,299
Accounts receivable—net of allowance for doubtful accounts of $3,169 and $3,239, respectively 262,757 276,043
Other receivables 59,104 57,472
Inventories 178,624 165,989
Prepaid expenses and other current assets 7,965 9,053
Total current assets 526,216 523,856
Property and equipment, net 150,188 151,641
Right-of-use assets, net 120,562 0
Intangible assets, net 113,861 145,876
Goodwill 495,724 484,941
Other assets 5,206 10,393
Total assets 1,411,757 1,316,707
Current liabilities:    
Accounts payable 145,226 137,773
Accrued payroll and employee benefits 31,410 28,830
Accrued taxes 8,780 11,867
Current portion of tax receivable agreement 27,850 16,667
Current portion of term loan 4,500 4,500
Current portion of lease liabilities 30,307  
Other current liabilities 18,557 19,979
Total current liabilities 266,630 219,616
Asset-based revolving credit facility 89,000 146,000
Long-term portion of term loan, net 434,633 437,999
Tax receivable agreement 89,533 117,948
Deferred income taxes, net 18,972 20,678
Long-term portion of lease liabilities 97,145  
Other liabilities 7,679 8,117
Total liabilities 1,003,592 950,358
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; 42,991,016 and 42,907,326 shares issued, respectively 13 13
Additional paid-in capital 336,362 332,330
Retained earnings 74,254 34,187
Accumulated other comprehensive loss (2,464) (181)
Total stockholders' equity 408,165 366,349
Total liabilities and stockholders' equity $ 1,411,757 $ 1,316,707