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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash $ 75,527 $ 58,894
Accounts receivable, less allowances of $1,945 and $2,259, respectively 62,279 72,939
Income tax receivable 142 4,892
Inventories, net 44,260 43,596
Prepaid expenses and other current assets 2,834 2,534
Total Current Assets 185,042 182,855
Property, plant, and equipment, net 54,964 65,460
Right of use asset - operating leases 5,901 0
Goodwill 66,774 59,068
Intangible assets, net 30,754 30,280
Deferred income taxes 5,807 5,270
Other 3,897 5,712
Total Assets 353,139 348,645
Current Liabilities    
Accounts payable 46,867 60,849
Accrued employee compensation 12,488 16,531
Accrued taxes payable, other than income taxes 1,104 1,403
Accrued interest 1,785 1,939
Other current liabilities 18,324 16,701
Operating lease liability - short-term 2,057 0
Total Current Liabilities 82,625 97,423
Long-term debt 77,176 76,790
Operating lease liability - long-term 4,074 0
Other liabilities 22,582 19,794
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 35,710,934 and 35,374,121; net of treasury shares of 6,841,523 and 7,178,336, respectively) 21,785 21,547
Additional paid-in capital 296,363 292,558
Accumulated other comprehensive loss (16,349) (18,280)
Retained deficit (135,117) (141,187)
Total Shareholders’ Equity 166,682 154,638
Total Liabilities and Shareholders’ Equity $ 353,139 $ 348,645