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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 31,122 $ 17,766
Accounts receivable—net of allowance for expected credit losses of $2,896 and $3,169, respectively 263,340 262,757
Other receivables 35,003 59,104
Inventories 159,615 178,624
Prepaid expenses and other current assets 9,386 7,965
Total current assets 498,466 526,216
Property and equipment, net 149,195 150,188
Right-of-use assets, net 126,290 120,562
Intangible assets, net 89,776 113,861
Goodwill 494,159 495,724
Other assets 6,607 5,206
Total assets 1,364,493 1,411,757
Current liabilities:    
Accounts payable 145,267 145,226
Accrued payroll and employee benefits 25,458 31,410
Accrued taxes 9,594 8,780
Current portion of tax receivable agreement 8,537 27,850
Current portion of term loan 4,500 4,500
Current portion of lease liabilities 31,508 30,307
Other current liabilities 19,336 18,557
Total current liabilities 244,200 266,630
Asset-based revolving credit facility 40,000 89,000
Long-term portion of term loan, net 432,950 434,633
Tax receivable agreement 80,996 89,533
Deferred income taxes, net 21,670 18,972
Long-term portion of lease liabilities 100,867 97,145
Other liabilities 14,388 7,679
Total liabilities 935,071 1,003,592
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; 43,205,678 and 42,991,016 shares issued, respectively 13 13
Additional paid-in capital 338,820 336,362
Retained earnings 98,487 74,254
Accumulated other comprehensive loss (7,898) (2,464)
Total stockholders' equity 429,422 408,165
Total liabilities and stockholders' equity $ 1,364,493 $ 1,411,757