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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 73,097 $ 83,931
Restricted cash 12,505 15,695
Accounts receivable, less allowances of $1,819 and $2,120, respectively 221,253 213,448
Inventories 313,820 315,984
Prepaid expenses and other current assets 34,382 28,272
Total current assets 655,057 657,330
Property, plant and equipment, net 111,371 113,811
Rental equipment, net 23,709 24,575
Goodwill 402,009 399,925
Deferred tax asset, net 78 95
Intangible assets, net 246,761 253,834
Cash value of life insurance 19,150 18,493
Right of use operating lease assets 79,024 76,340
Other assets 5,964 5,928
Total assets 1,543,123 1,550,331
Current liabilities:    
Accounts payable 101,719 98,674
Current portion of long-term debt 30,250 32,551
Current portion of lease liabilities 14,638 13,549
Accrued expenses and other current liabilities 93,883 97,241
Total current liabilities 240,490 242,015
Long-term debt, less current portion, net 535,736 535,881
Lease liabilities 69,323 67,065
Deferred tax liability, net 17,150 18,326
Other liabilities 25,766 25,443
Total liabilities 888,465 888,730
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Preferred Stock, $1 par value: Authorized - 500,000 shares, issued and outstanding — None 0 0
Common Stock, $1 par value: Authorized - 70,000,000 shares Issued - 47,597,864 and 47,535,618 shares, respectively Outstanding - 46,806,573 and 46,758,359 shares, respectively 46,806 46,758
Capital in excess of par value 672,974 671,154
Retained deficit (39,931) (34,707)
Treasury stock – 791,291 and 777,259 shares, respectively (16,883) (16,434)
Accumulated other comprehensive income (loss) (8,308) (5,170)
Total stockholders’ equity 654,658 661,601
Total liabilities and stockholders’ equity $ 1,543,123 $ 1,550,331