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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 26,964 $ 33,107
Restricted cash 2,500 4,650
Accounts receivable, net of allowances of $8,398 and $7,130, respectively 125,617 128,098
Inventories 219,076 222,166
Prepaid expenses and other current assets 24,821 32,422
Total current assets 398,978 420,443
Property, plant, and equipment, net 158,132 159,060
Intangible assets, net 112,761 117,490
Goodwill 194,934 194,934
Other long-term assets 41,245 33,388
Total assets 906,050 925,315
Current liabilities    
Accounts payable 57,147 58,357
Current portion of long-term debt 3,125 1,250
Current portion of finance lease liability 724 708
Other current liabilities 89,625 104,908
Total current liabilities 150,621 165,223
Long-term debt 115,071 93,107
Long-term portion of finance lease liability 18,345 18,532
Other long-term liabilities 51,698 49,723
Total liabilities 335,735 326,585
Contingencies (Note 8)
Shareholders’ equity    
Common shares $0.10 par value; 100,000 shares authorized; 37,410 and 37,165 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 3,741 3,717
Additional paid-in capital 753,398 746,450
Accumulated deficit (186,164) (150,144)
Accumulated other comprehensive loss (660) (1,293)
Total shareholders’ equity 570,315 598,730
Total liabilities and shareholders’ equity $ 906,050 $ 925,315