Supplemental Financial Statement Information (Tables)

6 Months Ended

Jun. 30, 2023

Condensed Financial Information Disclosure [Abstract]

Schedule of Inventory

Inventories, net, consisting of purchased products and manufactured electronic equipment offered for resale, were as follows:

(in thousands)	June 30, 2023		December 31, 2022
Inventories, gross	$	339,879	$	275,072
Reserve for obsolete and excess inventory	(13,643)		(10,698)
Inventories, net	$	326,236	$	264,374

Property, Plant and Equipment

Components of property, plant and equipment were as follows:

(in thousands)	June 30, 2023		December 31, 2022
Land	$	16,791	$	9,578
Buildings and improvements	49,982		27,199
Machinery and equipment	47,394		26,948
Capitalized software	10,055		7,889
Furniture and fixtures	8,406		6,346
Vehicles	2,015		1,713
Construction in progress(1)	3,644		3,140
Total	138,287		82,813
Accumulated depreciation and amortization	(24,958)		(18,418)
Property, plant and equipment, net	$	113,329	$	64,395

(1)Construction in progress primarily related to upgrades to certain of the Company's distribution facilities that we expect to place in service in the next 12 months.

Rental Equipment, net

Rental equipment, net consisted of the following:

(in thousands)	June 30, 2023		December 31, 2022
Rental equipment	$	64,707	$	63,184
Accumulated depreciation	(37,601)		(36,045)
Rental equipment, net	$	27,106	$	27,139

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

(in thousand)	June 30, 2023		December 31, 2022
Accrued compensation	$	22,753	$	24,094
Deferred acquisition payments and accrued earnout liabilities	18,679		1,383
Accrued and withheld taxes, other than income taxes	8,779		4,885
Accrued customer rebates	5,592		5,053
Accrued stock-based compensation	5,484		3,340
Accrued interest	3,591		1,775
Accrued severance and acquisition related retention bonus	3,170		927
Accrued health benefits	1,793		1,306
Deferred revenue	1,170		2,313
Accrued income taxes	125		731
Other	21,863		16,870
Total accrued expenses and other current liabilities	$	92,999	$	62,677

Other Liabilities

Other liabilities consisted of the following:

(in thousand)	June 30, 2023		December 31, 2022
Security bonus plan	$	9,628	$	9,651
Deferred compensation	10,425		9,962
Other	4,350		4,036
Total other liabilities	$	24,403	$	23,649