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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 18,486 $ 30,810
Accounts receivable, net of allowance for doubtful accounts of $3,361 and $2,773, respectively 94,191 71,932
Inventories 152,573 124,214
Prepaid expenses and other 9,977 12,240
Total current assets 275,227 239,196
Property, plant and equipment 199,540 191,022
Less - accumulated depreciation (76,248) (68,944)
Property, plant and equipment, net 123,292 122,078
Goodwill 139,922 141,266
Purchased intangible assets, net 221,753 255,576
Deferred tax assets 7,887 6,930
Other assets 97,028 99,366
Total assets 865,109 864,412
Current liabilities:    
Accounts payable 41,573 40,276
Accrued expenses 9,575 13,585
Accrued income taxes 3,206 9
Accrued employee compensation and benefits 15,535 9,766
Contract liabilities 30,030 21,052
Current portion of long-term debt 15,000 15,000
Other current liabilities 6,994 6,126
Total current liabilities 121,913 105,814
Long-term debt 121,409 132,425
Deferred tax liabilities 1,547 2,202
Other long-term liabilities 62,625 66,250
Total liabilities 307,494 306,691
Commitments and contingencies (Note 12)
Redeemable noncontrolling interest 194,962 197,196
Stockholders’ equity    
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares 0 0
Common stock, $0.05 par value; 50,000,000 shares authorized; 20,127,679 and 19,920,829 shares issued, respectively 1,007 996
Additional paid-in capital 301,003 294,515
Retained earnings 115,016 111,031
Other cumulative comprehensive loss (33,801) (26,538)
Treasury stock, at cost, and company stock held for deferred compensation, at par; 597,822 and 570,415 shares, respectively (20,572) (19,479)
Total stockholders’ equity 362,653 360,525
Total liabilities, redeemable noncontrolling interest, and stockholders’ equity $ 865,109 $ 864,412