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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 24,554 $ 14,671
Restricted cash 186 0
Accounts Receivable, after Allowance for Credit Loss, Current 166,301 80,574
Inventories, net 264,374 132,717
Prepaid expenses and other current assets 22,773 8,098
Total current assets 478,188 236,060
Property, plant and equipment, net 64,395 9,079
Rental equipment, net 27,139 24,727
Goodwill 348,048 104,211
Deferred tax asset 189 266
Intangible assets, net 227,994 96,608
Cash value of life insurance 17,166 0
Right of use operating lease assets 46,755 19,662
Other assets 5,736 747
Total assets 1,215,610 491,360
Accounts payable    
Accounts payable 80,486 47,958
Current portion of long-term debt 16,352 134,405
Current portion of lease obligation 9,964 4,641
Related party payables 0 4,813
Accrued expenses and other current liabilities 62,677 23,126
Total current liabilities 169,479 214,943
Long-term debt, less current portion, net 395,825 93,134
Security bonus plan 9,651 0
Deferred compensation 9,962 0
Lease obligation 39,828 16,132
Deferred tax liability 23,834 808
Other liabilities 4,036 574
Total liabilities 652,615 325,591
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Preferred stock, $1 par value: Authorized - 500,000 shares, issued and outstanding - None 0 0
Common stock, $1 par value: Authorized - 35,000,000 shares Issued - 19,712,137 and 10,542,333 shares, respectively Outstanding - 19,400,005 and 10,294,824 shares, respectively 19,417 10,318
Capital in excess of par value 591,796 197,057
Retained deficit (25,736) (33,142)
Treasury stock – 313,578 and 247,509 shares, respectively (12,526) (10,033)
Accumulated other comprehensive (loss) income (9,956) 1,569
Total stockholders’ equity 562,995 165,769
Total liabilities and stockholders’ equity $ 1,215,610 $ 491,360