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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 13,864 $ 4,267
Accounts receivable, less allowances of $11,042 at March 31, 2026 and $11,970 at December 31, 2025 114,949 161,861
Inventory 190,299 194,046
Prepaid expenses and other current assets 11,704 12,147
Income taxes receivable 3,384 1,572
TOTAL CURRENT ASSETS 334,200 373,893
PROPERTY AND EQUIPMENT, net 18,260 15,441
OPERATING LEASE RIGHT-OF-USE ASSETS 45,008 48,506
INTANGIBLE ASSETS, net 128,557 132,922
OTHER ASSETS 1,836 1,793
TOTAL ASSETS 527,861 572,555
CURRENT LIABILITIES    
Current maturity of term loan 5,057 5,022
Accounts payable 26,710 45,844
Accrued expenses 67,104 64,294
Current portion of operating lease liabilities 15,237 16,143
TOTAL CURRENT LIABILITIES 114,108 131,303
OTHER LONG-TERM LIABILITIES 13,552 14,261
INCOME TAXES PAYABLE, LONG-TERM 686 686
OPERATING LEASE LIABILITIES 39,239 42,442
DEFERRED INCOME TAXES 1,519 1,554
REVOLVING CREDIT FACILITY 36,611 54,105
TERM LOAN 124,650 125,927
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 March 31, 2026 and December 31, 2025; shares issued and outstanding: 22,855,008 at March 31, 2026 and 22,654,207 at December 31, 2025 229 227
Paid-in capital 284,305 283,449
Accumulated deficit (69,132) (63,354)
Accumulated other comprehensive loss (17,906) (18,045)
TOTAL STOCKHOLDERS’ EQUITY 197,496 202,277
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 527,861 $ 572,555