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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 4,267 $ 2,929
Accounts receivable, less allowances of $11,970 at December 31, 2025 and $14,093 at December 31, 2024 161,861 156,743
Inventory 194,046 202,408
Prepaid expenses and other current assets 12,147 11,488
Income taxes receivable 1,572 0
TOTAL CURRENT ASSETS 373,893 373,568
PROPERTY AND EQUIPMENT, net 15,441 15,049
OPERATING LEASE RIGHT-OF-USE ASSETS 48,506 59,571
INTANGIBLE ASSETS, net 132,922 183,527
OTHER ASSETS 1,793 2,595
TOTAL ASSETS 572,555 634,310
CURRENT LIABILITIES    
Current maturity of term loan 5,022 4,891
Accounts payable 45,844 60,029
Accrued expenses 64,294 70,848
Income taxes payable 0 830
Current portion of operating lease liabilities 16,143 15,145
TOTAL CURRENT LIABILITIES 131,303 151,743
OTHER LONG-TERM LIABILITIES 14,261 15,955
INCOME TAXES PAYABLE, LONG-TERM 686 706
OPERATING LEASE LIABILITIES 42,442 56,740
DEFERRED INCOME TAXES 1,554 5,601
REVOLVING CREDIT FACILITY 54,105 42,693
TERM LOAN 125,927 130,949
STOCKHOLDERS’ EQUITY    
Preferred stock, $1.00 par value, shares authorized: 100 shares of Series A and 2,000,000 shares of Series B; none issued and outstanding 0 0
Common stock, $0.01 par value, shares authorized: 50,000,000 at December 31, 2025 and 2024; shares issued and outstanding: 22,654,207 at December 31, 2025 and 22,155,735 at December 31, 2024 227 222
Paid-in capital 283,449 280,566
Accumulated deficit (63,354) (32,550)
Accumulated other comprehensive loss (18,045) (18,315)
TOTAL STOCKHOLDERS’ EQUITY 202,277 229,923
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 572,555 $ 634,310