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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 7,778 $ 11,104
Accounts receivable, less allowances of $1,663 and $1,586, respectively 91,784 74,370
Inventories 158,064 154,491
Prepaid expenses and other current assets 16,073 12,274
Income tax receivable 1,923 1,576
Total current assets 275,622 253,815
Goodwill and intangible assets, net 8,176 8,176
Prepaid pension cost 11,433 10,745
Deferred income taxes 1,298 1,278
Other noncurrent assets 1,934 1,344
Property, plant and equipment:    
Land 5,581 5,581
Buildings 21,238 21,296
Machinery and equipment 34,645 33,011
Property, plant and equipment, at cost 61,464 59,888
Accumulated depreciation (5,211) (2,961)
Property, plant and equipment, net 56,253 56,927
Total assets 354,716 332,285
Current liabilities:    
Accounts payable 52,911 41,757
Accrued and other current liabilities 16,396 13,931
Income tax payable 163 262
Short-term borrowings 4,803 5,854
Current portion of long-term debt 119 118
Total current liabilities 74,392 61,922
Long-term debt, less current portion 214,977 199,903
Deferred income taxes 16,294 16,166
Build-to-suit liability 9,431 10,148
Other noncurrent liabilities 3,727 3,784
Pension and postretirement benefit obligations 6,344 6,377
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, $0.01 par value—200,000 Class A shares authorized with 3,734 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 37 37
Additional paid-in capital 51,526 49,944
Accumulated deficit (18,468) (13,327)
Accumulated other comprehensive loss (3,544) (2,669)
Total stockholders’ equity 29,551 33,985
Total liabilities and stockholders’ equity $ 354,716 $ 332,285