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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 33,345 $ 35,963
Accounts receivable, less allowances of $16,901 at June 30, 2021 and $17,013 at December 31, 2020 120,494 170,037
Inventory 218,184 203,164
Prepaid expenses and other current assets 9,140 12,129
Income taxes receivable 1,750 0
TOTAL CURRENT ASSETS 382,913 421,293
PROPERTY AND EQUIPMENT, net 22,544 23,120
OPERATING LEASE RIGHT-OF-USE ASSETS 92,517 96,543
INVESTMENTS 23,778 20,032
INTANGIBLE ASSETS, net 235,762 244,025
OTHER ASSETS 2,048 2,468
TOTAL ASSETS 759,562 807,481
CURRENT LIABILITIES    
Current maturity of term loan 11,530 17,657
Accounts payable 55,392 66,095
Accrued expenses 78,067 80,050
Income taxes payable 0 4,788
Current portion of operating lease liabilities 12,300 11,480
TOTAL CURRENT LIABILITIES 157,289 180,070
OTHER LONG-TERM LIABILITIES 15,174 16,483
INCOME TAXES PAYABLE, LONG-TERM 1,444 1,444
OPERATING LEASE LIABILITIES 97,644 102,355
DEFERRED INCOME TAXES 10,833 10,714
REVOLVING CREDIT FACILITY 0 27,302
TERM LOAN 235,377 238,977
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 June 30, 2021 and December 31, 2020; shares issued and outstanding: 22,006,623 at June 30, 2021 and 21,755,195 at December 31, 2020 220 218
Paid-in capital 268,976 268,666
Retained earnings 7,423 424
Accumulated other comprehensive loss (34,818) (39,172)
TOTAL STOCKHOLDERS’ EQUITY 241,801 230,136
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 759,562 $ 807,481