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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 61,344 $ 83,931
Restricted cash 14,423 15,694
Accounts receivable, less allowances of $2,070 and $2,120, respectively 281,142 213,449
Inventories 347,018 315,984
Prepaid expenses and other current assets 63,427 28,272
Assets held for sale 3,358 0
Total current assets 770,712 657,330
Property, plant and equipment, net 128,927 113,811
Rental equipment, net 22,601 24,575
Goodwill 467,320 399,925
Deferred tax asset, net 0 95
Intangible assets, net 279,772 253,834
Cash value of life insurance 19,905 18,493
Right of use operating lease assets 89,806 76,340
Other assets 5,899 5,928
Total assets 1,784,942 1,550,331
Current liabilities:    
Accounts payable 130,659 98,674
Current portion of long-term debt 42,078 32,551
Current portion of lease liabilities 19,287 13,549
Accrued expenses and other current liabilities 82,083 97,241
Total current liabilities 274,107 242,015
Long-term debt, less current portion, net 704,135 535,881
Lease liabilities 75,898 67,065
Deferred tax liability, net 26,203 18,326
Other liabilities 23,837 25,443
Total liabilities 1,104,180 888,730
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 - 47,717,376 and 47,535,618 shares, respectively
Outstanding - 46,837,880 and 46,758,359 shares, respectively 46,837 46,758
Capital in excess of par value 676,203 671,154
Retained deficit (16,114) (34,707)
Treasury stock – 879,496 and 777,259 shares, respectively (19,552) (16,434)
Accumulated other comprehensive income (loss) (6,612) (5,170)
Total stockholders’ equity 680,762 661,601
Total liabilities and stockholders’ equity $ 1,784,942 $ 1,550,331