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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 28,942 $ 20,847
Accounts receivable, less allowance for doubtful accounts of $5,508 in 2022 and $4,528 in 2021 191,345 183,882
Inventories 332,320 231,644
Prepaid expenses and other current assets 28,619 23,750
Total current assets 581,226 460,123
Property, plant and equipment, net 115,611 108,863
Deferred income taxes 9,650 9,657
Goodwill 815,429 617,528
Other intangible assets, net 681,799 471,049
Other assets 93,877 98,797
Total assets 2,297,592 1,766,017
LIABILITIES AND SHAREHOLDERS' EQUITY    
Current portion of long-term debt 69,746 12,249
Accounts payable 73,393 58,197
Accrued compensation and benefits 54,733 60,488
Other current liabilities 98,680 65,712
Total current liabilities 296,552 196,646
Long-term debt 985,076 672,407
Deferred income taxes 66,725 68,537
Other long-term liabilities 203,694 42,992
Total liabilities 1,552,047 980,582
Commitments and contingencies (Note 14)
Preferred stock, par value $.01 per share; authorized 500,000 shares, none issued or outstanding 0 0
Common stock, par value $.01 per share; 100,000,000 authorized; 31,299,194 issued in 2022 and 2021, respectively 313 313
Paid-in capital 413,235 396,771
Retained earnings 412,631 496,605
Accumulated other comprehensive loss (57,858) (54,203)
Less: Treasury stock, at cost; 811,532 and 1,925,893 shares in 2022 and 2021, respectively (22,776) (54,051)
Total shareholders' equity 745,545 785,435
Total liabilities and shareholders' equity $ 2,297,592 $ 1,766,017