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Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Mar. 19, 2022
Current Assets:      
Cash and cash equivalents $ 6,064 $ 3,967 $ 6,392
Receivables, less allowance of $490; $492; and $566; respectively 50,468 57,419 67,301
Inventories 122,453 121,870 114,605
Prepaid expenses 4,879 4,942 12,716
Prepaid income tax 175 0 0
TOTAL CURRENT ASSETS 184,039 188,198 201,014
Property, plant and equipment, net 24,679 24,751 28,812
Assets held for sale 2,823 2,823 0
Operating lease right-of-use assets 8,844 9,100 1,896
Intangible assets, net 30,500 31,120 36,208
Goodwill 42,326 42,326 38,837
Other assets 376 400 294
TOTAL ASSETS 293,587 298,718 307,061
Current Liabilities:      
Current portion of long-term debt 7,143 7,143 7,143
Trade accounts payable 17,232 9,414 27,378
Accrued liabilities 10,500 21,320 19,875
Income tax payable 0 71 1,087
Current operating lease liabilities 991 993 604
TOTAL CURRENT LIABILITIES 35,866 38,941 56,087
Other Liabilities:      
Long‑term debt 88,082 87,738 92,850
Deferred income tax liability 4,516 4,516 4,759
Operating lease liabilities 8,398 8,641 1,298
Other liabilities 407 407 448
TOTAL LIABILITIES 137,269 140,243 155,442
Stockholders' Equity:      
Authorized 30,000,000 shares; no par value, issued and outstanding – 13,729,859; 13,594,407; and 13,585,096; shares respectively 13,730 13,594 13,585
Retained earnings 142,588 144,881 138,034
TOTAL STOCKHOLDERS' EQUITY 156,318 158,475 151,619
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 293,587 $ 298,718 $ 307,061