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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 35,543 $ 40,577
Accounts receivable, net 54,171 52,620
Inventories, net 296,624 210,964
Prepaid expenses and other current assets 33,885 35,114
Total current assets 420,223 339,275
Long-term assets:    
Property and equipment, net 26,160 22,603
Goodwill 592,910 580,761
Other intangible assets, net 567,907 587,192
Operating lease right-of-use assets 54,133  
Other assets 1,733 10,550
Total assets 1,663,066 1,540,381
Current liabilities:    
Current maturities of long-term debt 4,650 3,488
Accounts payable 82,121 72,781
Accrued liabilities 82,334 75,517
Current operating lease liability 11,478  
Current tax receivable agreement liability 10,191 0
Total current liabilities 190,774 151,786
Long-term liabilities:    
Revolving credit facility, net 55,723 0
Long-term debt, net of current portion 446,928 449,256
Deferred income tax liabilities, net 45,733 48,555
Operating lease liability, net of current portion 45,725  
Tax receivable agreement liability, net of current portion 102,302 112,406
Other liabilities 21,706 30,103
Total liabilities 908,891 792,106
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000 shares authorized; 74,668 shares issued and outstanding as of September 30, 2022 and 74,427 shares issued and outstanding at December 31, 2021 747 744
Preferred stock, $0.01 par value; 50,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 842,208 826,718
Accumulated deficit (83,993) (79,420)
Accumulated other comprehensive loss (5,003) (28)
Company’s stockholders’ equity 753,959 748,014
Noncontrolling interest 216 261
Total stockholders’ equity 754,175 748,275
Total liabilities and stockholders’ equity $ 1,663,066 $ 1,540,381