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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 46,786 $ 83,931
Restricted cash 10,125 15,695
Accounts receivable, less allowances of $1,959 and $2,120, respectively 235,802 213,448
Inventories 320,748 315,984
Prepaid expenses and other current assets 43,306 28,272
Assets held for sale 3,589 0
Total current assets 660,356 657,330
Property, plant and equipment, net 108,709 113,811
Rental equipment, net 23,062 24,575
Goodwill 428,308 399,925
Deferred tax asset, net 84 95
Intangible assets, net 276,896 253,834
Cash value of life insurance 19,312 18,493
Right of use operating lease assets 84,878 76,340
Other assets 5,947 5,928
Total assets 1,607,552 1,550,331
Current liabilities:    
Accounts payable 108,184 98,674
Current portion of long-term debt 31,367 32,551
Current portion of lease liabilities 16,877 13,549
Accrued expenses and other current liabilities 108,116 97,241
Total current liabilities 264,544 242,015
Long-term debt, less current portion, net 573,654 535,881
Lease liabilities 73,480 67,065
Deferred tax liability, net 16,774 18,326
Other liabilities 25,796 25,443
Total liabilities 954,248 888,730
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 - 47,636,856 and 47,535,618 shares, respectively Outstanding - 46,787,160 and 46,758,359 shares, respectively 46,786 46,758
Capital in excess of par value 674,074 671,154
Retained deficit (38,035) (34,707)
Treasury stock – 849,696 and 777,259 shares, respectively (18,655) (16,434)
Accumulated other comprehensive income (loss) (10,866) (5,170)
Total stockholders’ equity 653,304 661,601
Total liabilities and stockholders’ equity $ 1,607,552 $ 1,550,331