Supplemental Financial Statement Information (Tables)

9 Months Ended

Sep. 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)	September 30, 2023		December 31, 2022
Inventories, gross	$	329,221	$	275,072
Reserve for obsolete and excess inventory	(15,884)		(10,698)
Inventories, net	$	313,337	$	264,374

Property, Plant and Equipment

Components of property, plant and equipment were as follows:

(in thousands)	September 30, 2023		December 31, 2022
Land	$	16,753	$	9,578
Buildings and improvements	50,009		27,199
Machinery and equipment	48,235		26,948
Capitalized software	9,140		7,889
Furniture and fixtures	10,707		6,346
Vehicles	1,703		1,713
Construction in progress(1)	3,804		3,140
Total	140,351		82,813
Accumulated depreciation and amortization	(28,402)		(18,418)
Property, plant and equipment, net	$	111,949	$	64,395

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

Rental Equipment, net

Rental equipment, net consisted of the following:

(in thousands)	September 30, 2023		December 31, 2022
Rental equipment	$	63,310	$	63,184
Accumulated depreciation	(36,990)		(36,045)
Rental equipment, net	$	26,320	$	27,139

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

(in thousands)	September 30, 2023		December 31, 2022
Accrued compensation	$	27,532	$	24,094
Deferred acquisition payments and accrued earnout liabilities	16,461		1,383
Accrued severance and acquisition related retention bonus	12,648		927
Accrued and withheld taxes, other than income taxes	8,758		4,885
Accrued stock-based compensation	5,055		3,340
Accrued customer rebates	4,710		5,053
Accrued interest	3,592		1,775
Accrued health benefits	1,743		1,306
Deferred revenue	1,136		2,313
Accrued income taxes	734		731
Other	14,822		16,870
Total accrued expenses and other current liabilities	$	97,191	$	62,677

Other Liabilities

Other liabilities consisted of the following:

(in thousands)	September 30, 2023		December 31, 2022
Security bonus plan	$	9,109	$	9,651
Deferred compensation	10,854		9,962
Other	4,658		4,036
Total other liabilities	$	24,621	$	23,649