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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets    
Cash $ 20,424 $ 17,655
Accounts receivable, less allowances of $2,932 and $3,229, respectively 128,839 100,691
Income tax receivable 0 2,517
Inventories, net 108,158 93,551
Prepaid expenses and other current assets 10,491 5,500
Total Current Assets 267,912 219,914
Property, plant, and equipment, net 97,898 92,049
Right of use asset - operating leases 29,809 29,285
Goodwill 95,283 88,778
Intangible assets, net 53,408 50,181
Deferred income taxes 105 106
Other 5,309 4,236
Total Assets 549,724 484,549
Current Liabilities    
Accounts payable 97,131 81,690
Accrued employee compensation 22,635 21,616
Income taxes payable 2,290 0
Accrued taxes payable, other than income taxes 3,704 2,759
Accrued interest 436 966
Other current liabilities 20,463 19,628
Operating lease liability - short-term 6,155 5,341
Finance lease liability - short-term 513 500
Total Current Liabilities 153,327 132,500
Long-term debt 97,961 90,945
Operating lease liability - long-term 23,666 23,815
Finance lease liability - long-term 9,050 9,437
Other liabilities 13,691 13,086
Deferred income taxes 7,052 5,441
Total Liabilities 304,747 275,224
Shareholders’ Equity    
Serial Preferred Shares (authorized 1,000,000 shares; none issued and outstanding) 0 0
Common Shares, without par value (authorized 60,000,000 shares; outstanding 36,482,424 and 36,262,259; net of treasury shares of 6,070,033 and 6,290,198, respectively) 22,321 22,172
Additional paid-in capital 313,348 306,720
Accumulated other comprehensive loss (18,386) (15,401)
Retained deficit (72,306) (104,166)
Total Shareholders’ Equity 244,977 209,325
Total Liabilities and Shareholders’ Equity $ 549,724 $ 484,549