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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 26,366 $ 33,107
Restricted cash 2,500 4,650
Accounts receivable, net of allowances of $8,368 and $7,130, respectively 125,361 128,098
Inventories 210,040 222,166
Prepaid expenses and other current assets 21,798 32,422
Total current assets 386,065 420,443
Property, plant, and equipment, net 154,111 159,060
Intangible assets, net 108,310 117,490
Goodwill 194,934 194,934
Other long-term assets 38,578 33,388
Total assets 881,998 925,315
Current liabilities    
Accounts payable 50,362 58,357
Current portion of long-term debt 4,688 1,250
Current portion of finance lease liability 734 708
Other current liabilities 100,183 104,908
Total current liabilities 155,967 165,223
Long-term debt 113,315 93,107
Long-term portion of finance lease liability 18,160 18,532
Other long-term liabilities 48,552 49,723
Total liabilities 335,994 326,585
Contingencies (Note 8)
Shareholders’ equity    
Common shares $0.10 par value; 100,000 shares authorized; 38,039 and 37,165 issued and outstanding as of June 30, 2024, and December 31, 2023, respectively 3,804 3,717
Additional paid-in capital 764,538 746,450
Accumulated deficit (219,607) (150,144)
Accumulated other comprehensive loss (2,731) (1,293)
Total shareholders’ equity 546,004 598,730
Total liabilities and shareholders’ equity $ 881,998 $ 925,315