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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash $ 37,345 $ 30,290
Trade accounts receivable, less allowances of $4,890 and $4,189, respectively 129,775 113,907
Other accounts receivable, net 9,050 14,726
Income tax receivable 532 0
Inventories, net 105,796 90,844
Prepaid expenses and other current assets 13,045 6,854
Total Current Assets 295,543 256,621
Property, plant, and equipment, net 135,251 107,933
Right of use asset - operating leases 31,751 27,989
Goodwill 310,042 95,392
Intangible assets, net 164,643 45,129
Deferred income taxes 209 209
Other 14,194 8,358
Total Assets 951,633 541,631
Current Liabilities    
Accounts payable 93,097 79,050
Accrued employee compensation 15,133 17,104
Income taxes payable 0 4,253
Accrued taxes payable, other than income taxes 2,646 2,582
Accrued interest 421 1,112
Other current liabilities 25,937 28,472
Operating lease liability - short-term 6,223 5,943
Finance lease liability - short-term 609 593
Long-term debt - current portion 19,603 25,998
Total Current Liabilities 163,669 165,107
Long-term debt 380,450 31,989
Operating lease liability - long-term 25,003 22,352
Finance lease liability - long-term 8,306 8,615
Other liabilities 17,543 12,108
Deferred income taxes 62,110 8,660
Total Liabilities 657,081 248,831
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 37,196,369 and 36,848,465; net of treasury shares of 5,356,088 and 5,703,992, respectively) 22,879 22,608
Additional paid-in capital 323,586 322,526
Accumulated other comprehensive loss (20,124) (16,815)
Retained deficit (31,789) (35,519)
Total Shareholders’ Equity 294,552 292,800
Total Liabilities and Shareholders’ Equity $ 951,633 $ 541,631