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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash $ 29,710 $ 30,290
Trade accounts receivable, less allowances of $5,296 and $4,189, respectively 122,723 113,907
Other accounts receivable, net 8,495 14,726
Inventories, net 105,103 90,844
Prepaid expenses and other current assets 9,215 6,854
Total Current Assets 275,246 256,621
Property, plant, and equipment, net 134,641 107,933
Right of use asset - operating leases 30,550 27,989
Goodwill 280,855 95,392
Intangible assets, net 170,112 45,129
Deferred income taxes 210 209
Other 13,385 8,358
Total Assets 904,999 541,631
Current Liabilities    
Accounts payable 79,279 79,050
Accrued employee compensation 14,542 17,104
Income taxes payable 2,576 4,253
Accrued taxes payable, other than income taxes 3,409 2,582
Accrued interest 329 1,112
Other current liabilities 26,536 28,472
Operating lease liability - short-term 6,422 5,943
Finance lease liability - short-term 615 593
Long-term debt - current portion 19,624 25,998
Total Current Liabilities 153,332 165,107
Long-term debt 367,854 31,989
Operating lease liability - long-term 23,738 22,352
Finance lease liability - long-term 8,151 8,615
Other liabilities 19,079 12,108
Deferred income taxes 57,206 8,660
Total Liabilities 629,360 248,831
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 37,233,023 and 36,848,465; net of treasury shares of 5,319,434 and 5,703,992, respectively) 22,903 22,608
Additional paid-in capital 323,994 322,526
Accumulated other comprehensive loss (23,592) (16,815)
Retained deficit (47,666) (35,519)
Total Shareholders’ Equity 275,639 292,800
Total Liabilities and Shareholders’ Equity $ 904,999 $ 541,631