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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash $ 23,139 $ 17,655
Accounts receivable, less allowances of $3,259 and $3,229, respectively 133,716 100,691
Income tax receivable 0 2,517
Inventories, net 93,351 93,551
Prepaid expenses and other current assets 7,001 5,500
Total Current Assets 257,207 219,914
Property, plant, and equipment, net 101,566 92,049
Right of use asset - operating leases 28,908 29,285
Goodwill 95,157 88,778
Intangible assets, net 51,752 50,181
Deferred income taxes 129 106
Other 7,915 4,236
Total Assets 542,634 484,549
Current Liabilities    
Accounts payable 73,536 81,690
Accrued employee compensation 24,664 21,616
Income taxes payable 2,054 0
Accrued taxes payable, other than income taxes 3,169 2,759
Accrued interest 1,264 966
Other current liabilities 26,380 19,628
Operating lease liability - short-term 6,177 5,341
Finance lease liability - short-term 518 500
Total Current Liabilities 137,762 132,500
Long-term debt 93,962 90,945
Operating lease liability - long-term 22,786 23,815
Finance lease liability - long-term 8,919 9,437
Other liabilities 15,270 13,086
Deferred income taxes 7,508 5,441
Total Liabilities 286,207 275,224
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 36,500,020 and 36,262,259; net of treasury shares of 6,052,437 and 6,290,198, respectively) 22,332 22,172
Additional paid-in capital 315,865 306,720
Accumulated other comprehensive loss (17,793) (15,401)
Retained deficit (63,977) (104,166)
Total Shareholders’ Equity 256,427 209,325
Total Liabilities and Shareholders’ Equity $ 542,634 $ 484,549