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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash $ 30,290 $ 23,139
Trade accounts receivable, less allowances of $4,189 and $3,259, respectively 113,907 126,184
Other accounts receivable, net 14,726 7,532
Inventories, net 90,844 93,351
Prepaid expenses and other current assets 6,854 7,001
Total Current Assets 256,621 257,207
Property, plant, and equipment, net 107,933 101,566
Right of use asset - operating leases 27,989 28,908
Goodwill 95,392 95,157
Intangible assets, net 45,129 51,752
Deferred income taxes 209 129
Other 8,358 7,915
Total Assets 541,631 542,634
Current Liabilities    
Accounts payable 79,050 73,536
Accrued employee compensation 17,104 24,664
Income taxes payable 4,253 2,054
Accrued taxes payable, other than income taxes 2,582 3,169
Accrued interest 1,112 1,264
Other current liabilities 28,472 26,380
Operating lease liability - short-term 5,943 6,177
Finance lease liability - short-term 593 518
Long-term debt - current portion 25,998 0
Total Current Liabilities 165,107 137,762
Long-term debt 31,989 93,962
Operating lease liability - long-term 22,352 22,786
Finance lease liability - long-term 8,615 8,919
Other liabilities 12,108 15,270
Deferred income taxes 8,660 7,508
Total Liabilities 248,831 286,207
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 36,848,465 and 36,500,020; net of treasury shares of 5,703,992 and 6,052,437, respectively) 22,608 22,332
Additional paid-in capital 322,526 315,865
Accumulated other comprehensive loss (16,815) (17,793)
Retained deficit (35,519) (63,977)
Total Shareholders’ Equity 292,800 256,427
Total Liabilities and Shareholders’ Equity $ 541,631 $ 542,634