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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 44,244 $ 24,554
Restricted cash 20,607 186
Accounts receivable, less allowances of $3,678 and $1,513, respectively 238,705 166,301
Inventories, net 326,236 264,374
Prepaid expenses and other current assets 32,999 22,773
Total current assets 662,791 478,188
Property, plant and equipment, net 113,329 64,395
Rental equipment, net 27,106 27,139
Goodwill 398,663 348,048
Deferred tax asset 7 189
Intangible assets, net 277,537 227,994
Cash value of life insurance 17,628 17,166
Right of use operating lease assets 65,772 46,755
Other assets 7,246 5,736
Total assets 1,570,079 1,215,610
Current liabilities:    
Accounts payable 88,977 80,486
Current portion of long-term debt 32,386 16,352
Current portion of lease liabilities 12,836 9,964
Accrued expenses and other current liabilities 92,999 62,677
Total current liabilities 227,198 169,479
Long-term debt, less current portion, net 558,845 395,825
Lease liabilities 57,735 39,828
Deferred tax liability 25,905 23,834
Other liabilities 24,403 23,649
Total liabilities 894,086 652,615
Stockholders’ equity:    
Preferred Stock, $1 par value: Authorized - 500,000 shares, Issued and outstanding — None 0 0
Authorized - 35,000,000 shares Issued - 23,667,064 and 19,730,362 shares, respectively Outstanding - 23,349,735 and 19,416,784 shares, respectively 23,350 19,417
Capital in excess of par value 688,983 591,796
Retained deficit (16,809) (25,736)
Treasury stock – 317,329 and 313,578 shares, respectively (12,697) (12,526)
Accumulated other comprehensive (loss) income (6,834) (9,956)
Total stockholders’ equity 675,993 562,995
Total liabilities and stockholders’ equity $ 1,570,079 $ 1,215,610