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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash $ 17,655 $ 28,301
Accounts receivable, less allowances of $3,229 and $3,278, respectively 100,691 83,701
Income tax receivable 2,517 1,049
Inventories, net 93,551 65,919
Prepaid expenses and other current assets 5,500 4,760
Total Current Assets 219,914 183,730
Property, plant, and equipment, net 92,049 73,953
Right of use asset - operating leases 29,285 18,390
Goodwill 88,778 79,256
Intangible assets, net 50,181 41,038
Deferred income taxes 106 84
Other 4,236 3,564
Total Assets 484,549 400,015
Current Liabilities    
Accounts payable 81,690 61,150
Accrued employee compensation 21,616 14,499
Accrued taxes payable, other than income taxes 2,759 2,524
Accrued interest 966 1,785
Other current liabilities 19,628 17,936
Operating lease liability - short-term 5,341 4,359
Finance lease liability - short-term 500
Long-term debt - current portion 0 39,994
Total Current Liabilities 132,500 142,247
Long-term debt 90,945 37,582
Operating lease liability - long-term 23,815 13,755
Finance lease liability - long-term 9,437
Other liabilities 13,086 14,373
Deferred income taxes 5,441 2,958
Total Liabilities 275,224 210,915
Shareholders’ Equity    
Serial Preferred Shares (authorized 1,000,000 shares; none issued and outstanding)
Common Shares, without par value (authorized 60,000,000 shares; outstanding 36,262,259 and 35,921,025; net of treasury shares of 6,290,198 and 6,631,432, respectively) 22,172 21,939
Additional paid-in capital 306,720 300,852
Accumulated other comprehensive loss (15,401) (15,773)
Retained deficit (104,166) (117,918)
Total Shareholders’ Equity 209,325 189,100
Total Liabilities and Shareholders’ Equity $ 484,549 $ 400,015