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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 6,534 $ 8,668
Accounts receivable, less allowances of $1,701 and $1,364, respectively 93,337 79,757
Inventories 157,715 160,686
Prepaid expenses and other current assets 10,593 14,344
Income tax receivable 1,268 1,268
Total current assets 269,447 264,723
Goodwill and intangible assets 8,176 8,176
Prepaid pension cost 2,131 1,754
Deferred income taxes 1,268 1,261
Operating right-of-use assets 32,175  
Other noncurrent assets 867 1,278
Property, plant and equipment:    
Land 5,579 5,577
Buildings 20,936 21,218
Machinery and equipment 40,734 38,394
Property, plant and equipment, at cost 67,249 65,189
Accumulated depreciation (16,075) (11,989)
Property, plant and equipment, net 51,174 53,200
Total assets 365,238 330,392
Current liabilities:    
Accounts payable 48,475 42,719
Accrued and other current liabilities 13,109 16,631
Operating lease liabilities 6,725  
Income tax payable 1,519 1,589
Short-term borrowings 7,979 5,498
Current portion of finance leases 631  
Current portion of finance leases   119
Total current liabilities 78,438 66,556
Long-term debt, less current portion 260,527 245,966
Deferred income taxes 6,478 7,540
Finance leases, less current portion 8,483  
Finance leases, less current portion   61
Build-to-suit liability 0 9,975
Other noncurrent liabilities 2,964 3,334
Pension and postretirement benefit obligations 6,300 6,321
Noncurrent operating lease liabilities 25,486  
Commitments and contingencies (see Note 13)
Stockholders’ deficit:    
Common stock, $0.01 par value—200,000 Class A shares authorized with 3,818 shares issued and 3,650 shares outstanding at June 30, 2019, and 3,803 shares issued and outstanding at December 31, 2018 38 38
Additional paid-in capital 58,556 55,421
Accumulated deficit (66,533) (50,472)
Accumulated other comprehensive loss (15,045) (14,348)
Treasury stock, at cost — 168 shares at June 30, 2019 and no shares at December 31, 2018 (454) 0
Total stockholders’ deficit (23,438) (9,361)
Total liabilities and stockholders’ equity $ 365,238 $ 330,392