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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 4,269 $ 6,433
Accounts receivable, less allowances of $1,979 and $1,766, respectively 83,554 74,697
Inventories 151,239 144,411
Prepaid expenses and other current assets 10,171 9,668
Income tax receivable 2,390 1,995
Total current assets 251,623 237,204
Goodwill and intangible assets 8,176 8,176
Prepaid pension cost 6,317 5,758
Deferred income taxes 1,484 1,534
Operating right-of-use assets 32,309 29,423
Other noncurrent assets 437 792
Property, plant and equipment:    
Land 5,575 5,579
Buildings 20,801 20,950
Machinery and equipment 40,840 41,054
Property, plant and equipment, at cost 67,216 67,583
Accumulated depreciation (21,282) (20,144)
Property, plant and equipment, net 45,934 47,439
Total assets 346,280 330,326
Current liabilities:    
Accounts payable 59,361 41,745
Accrued and other current liabilities 10,922 11,188
Operating lease liabilities 6,065 6,537
Income tax payable 497 573
Short-term borrowings 2,277 2,888
Current portion of finance leases 579 596
Total current liabilities 79,701 63,527
Long-term debt, less current portion 246,168 263,523
Deferred income taxes 3,619 3,775
Finance leases, less current portion 8,080 8,208
Other noncurrent liabilities 2,859 2,894
Pension and postretirement benefit obligations 6,658 6,709
Noncurrent operating lease liabilities 26,317 22,760
Commitments and contingencies (see Note 12)
Stockholders’ deficit:    
Common stock, $0.01 par value—200,000 Class A shares authorized with 74,079 shares issued and 73,911 shares outstanding at March 31, 2020, and 3,818 shares issued and 3,650 shares outstanding at December 31, 2019 741 38
Additional paid-in capital 86,670 61,461
Accumulated deficit (99,782) (88,741)
Accumulated other comprehensive loss (14,297) (13,374)
Treasury stock, at cost — 168 shares at March 31, 2020 and 168 shares at December 31, 2019 (454) (454)
Total stockholders’ deficit (27,122) (41,070)
Liabilities and Equity, Total $ 346,280 $ 330,326