XML 55 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 141,235,000 $ 17,766,000
Accounts receivable—net of allowance for expected credit losses of $2,212 and $3,169, respectively 293,504,000 262,757,000
Other receivables 41,411,000 59,104,000
Inventories 173,284,000 178,624,000
Prepaid expenses and other current assets 7,446,000 7,965,000
Total current assets 656,880,000 526,216,000
Property and equipment, net 154,447,000 150,188,000
Right-of-use assets, net 121,700,000 120,562,000
Intangible assets, net 101,452,000 113,861,000
Goodwill 493,068,000 495,724,000
Other assets 9,470,000 5,206,000
Total assets 1,537,017,000 1,411,757,000
Current liabilities:    
Accounts payable 149,474,000 145,226,000
Accrued payroll and employee benefits 23,871,000 31,410,000
Accrued taxes 9,612,000 8,780,000
Current portion of tax receivable agreement 8,537,000 27,850,000
Current portion of term loan 4,500,000 4,500,000
Current portion of lease liabilities 31,138,000 30,307,000
Other current liabilities 12,642,000 18,557,000
Total current liabilities 239,774,000 266,630,000
Asset-based revolving credit facility 235,000,000 89,000,000
Long-term portion of term loan, net 433,791,000 434,633,000
Tax receivable agreement 80,996,000 89,533,000
Deferred income taxes, net 21,759,000 18,972,000
Long-term portion of lease liabilities 96,831,000 97,145,000
Other liabilities 12,836,000 7,679,000
Total liabilities 1,120,987,000 1,003,592,000
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; 43,201,056 and 42,991,016 shares issued, respectively 13,000 13,000
Additional paid-in capital 337,393,000 336,362,000
Retained earnings 88,630,000 74,254,000
Accumulated other comprehensive loss (10,006,000) (2,464,000)
Total stockholders' equity 416,030,000 408,165,000
Total liabilities and stockholders' equity 1,537,017,000 1,411,757,000
Accounts receivable net of allowance for doubtful accounts $ 2,212 $ 3,169
Preferred stock par value (in dollars per share) $ 0.001 $ 0.001
Preferred stock shares authorized (in shares) 10,000,000 10,000,000
Preferred stock shares issued (in shares) 0 0
Common stock par value (in dollars per share) $ 0.001 $ 0.001
Common stock shares authorized (in shares) 190,000,000 190,000,000
Common stock shares issued (in shares) 43,201,056 42,991,016