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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 20,709 $ 35,545
Accounts receivable, net of allowance of $3,667 and $3,271 respectively 207,533 172,645
Inventory 41,539 37,874
Income tax receivable 594 396
Prepaid expenses and other current assets 56,121 58,643
Total current assets 326,496 305,103
Property, plant and equipment, net 112,247 112,835
Intangible assets, net 44,056 50,243
Operating lease right-of-use assets 43,488 40,407
Defined benefit pension asset 5,535 4,768
Other assets, net 14,561 13,427
Deferred tax asset 1,978 1,582
Total assets 548,361 528,365
Current liabilities:    
Current portion of long-term debt and finance lease obligations 3,833 6,485
Current portion of operating lease obligations 15,080 14,790
Accounts payable 43,028 42,091
Other accrued liabilities 100,756 105,228
Income tax payable 3,106 2,654
Total current liabilities 165,803 171,248
Long-term debt and finance lease obligations 366,381 318,626
Operating lease obligations 31,220 28,631
Deferred tax liabilities 4,525 4,965
Other long-term liabilities 3,356 3,157
Total liabilities 571,285 526,627
Commitments and contingencies
Shareholders’ equity (deficit):    
Preferred stock, 500,000 shares authorized, none issued 0 0
Common stock, par value $0.30 per share, 12,000,000 shares authorized; 4,498,932 and 4,493,338 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 1,350 1,348
Additional paid-in capital 460,434 460,186
Accumulated deficit (449,651) (415,667)
Accumulated other comprehensive loss (35,057) (44,129)
Total shareholders’ equity (deficit) (22,924) 1,738
Total liabilities and shareholders’ equity (deficit) $ 548,361 $ 528,365