XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Current Assets:      
Cash and cash equivalents $ 283 $ 16 $ 6,064
Receivables, less allowance of $882; $652; and $490; respectively 52,274 49,985 50,468
Inventories 95,991 92,462 122,453
Prepaid expenses 2,949 4,280 4,879
Prepaid income tax 0 88 175
TOTAL CURRENT ASSETS 151,497 146,831 184,039
Property, plant and equipment, net 23,420 23,786 24,679
Assets held for sale 2,480 2,653 2,823
Operating lease right-of-use assets 8,118 8,378 8,844
Intangible assets, net 28,047 28,640 30,500
Goodwill 42,326 42,326 42,326
Other assets 459 391 376
TOTAL ASSETS 256,347 253,005 293,587
Current Liabilities:      
Current portion of long-term debt 7,143 7,143 7,143
Trade accounts payable 15,981 9,797 17,232
Accrued liabilities 9,484 15,283 10,500
Income tax payable 441 0 0
Current operating lease liabilities 1,055 1,041 991
TOTAL CURRENT LIABILITIES 34,104 33,264 35,866
Other Liabilities:      
Long‑term debt 46,383 43,753 88,082
Deferred income tax liability 3,125 3,125 4,516
Operating lease liabilities 7,628 7,897 8,398
Other liabilities 387 387 407
TOTAL LIABILITIES 91,627 88,426 137,269
Stockholders' Equity:      
Authorized 30,000,000 shares; no par value, issued and outstanding – 13,861,552; 13,736,800; and 13,729,859; shares respectively 4,909 4,480 2,879
Retained earnings 159,811 160,099 153,439
TOTAL STOCKHOLDERS' EQUITY 164,720 164,579 156,318
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 256,347 $ 253,005 $ 293,587