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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash $ 24,768 $ 23,139
Accounts receivable, less allowances of $3,896 and $3,259, respectively 117,362 133,716
Inventories, net 96,230 93,351
Prepaid expenses and other current assets 9,051 7,001
Total Current Assets 247,411 257,207
Property, plant, and equipment, net 106,936 101,566
Right of use asset - operating leases 27,384 28,908
Goodwill 95,129 95,157
Intangible assets, net 46,785 51,752
Deferred income taxes 129 129
Other 7,347 7,915
Total Assets 531,121 542,634
Current Liabilities    
Accounts payable 80,760 73,536
Accrued employee compensation 18,008 24,664
Income taxes payable 324 2,054
Accrued taxes payable, other than income taxes 3,016 3,169
Accrued interest 454 1,264
Other current liabilities 29,138 26,380
Operating lease liability - short-term 5,604 6,177
Finance lease liability - short-term 581 518
Long-term debt - current portion 25,994 0
Total Current Liabilities 163,879 137,762
Long-term debt 33,987 93,962
Operating lease liability - long-term 22,023 22,786
Finance lease liability - long-term 8,766 8,919
Other liabilities 10,284 15,270
Deferred income taxes 9,961 7,508
Total Liabilities 248,900 286,207
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 36,820,242 and 36,500,020; net of treasury shares of 5,732,215 and 6,052,437, respectively) 22,590 22,332
Additional paid-in capital 320,578 315,865
Accumulated other comprehensive loss (17,934) (17,793)
Retained deficit (43,013) (63,977)
Total Shareholders’ Equity 282,221 256,427
Total Liabilities and Shareholders’ Equity $ 531,121 $ 542,634