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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 6,636 $ 11,104
Accounts receivable, less allowances of $1,678 and $1,586, respectively 91,060 74,370
Inventories 164,120 154,491
Prepaid expenses and other current assets 15,307 12,274
Income tax receivable 3,593 1,576
Total current assets 280,716 253,815
Goodwill and intangible assets, net 8,176 8,176
Prepaid pension cost 12,121 10,745
Deferred income taxes 1,277 1,278
Other noncurrent assets 1,270 1,344
Property, plant and equipment:    
Land 5,578 5,581
Buildings 21,264 21,296
Machinery and equipment 35,843 33,011
Property, plant and equipment, at cost 62,685 59,888
Accumulated depreciation (7,227) (2,961)
Property, plant and equipment, net 55,458 56,927
Total assets 359,018 332,285
Current liabilities:    
Accounts payable 52,031 41,757
Accrued and other current liabilities 15,581 13,931
Income tax payable 0 262
Short-term borrowings 4,838 5,854
Current portion of long-term debt 119 118
Total current liabilities 72,569 61,922
Long-term debt, less current portion 229,183 199,903
Deferred income taxes 16,166 16,166
Build-to-suit liability 9,609 10,148
Other noncurrent liabilities 3,577 3,784
Pension and postretirement benefit obligations 6,313 6,377
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, $0.01 par value—200,000 Class A shares authorized with 3,803 shares issued and outstanding at June 30, 2018 and 3,734 shares issued and outstanding at December 31, 2017 38 37
Additional paid-in capital 53,212 49,944
Accumulated deficit (26,981) (13,327)
Accumulated other comprehensive loss (4,668) (2,669)
Total stockholders’ equity 21,601 33,985
Total liabilities and stockholders’ equity $ 359,018 $ 332,285