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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 83,238 $ 33,107
Restricted cash 2,500 4,650
Accounts receivable, net of allowances of $7,418 and $7,130, respectively 134,713 128,098
Inventories 189,452 222,166
Prepaid expenses and other current assets 23,382 32,422
Total current assets 433,285 420,443
Property, plant and equipment net 139,804 159,060
Intangible assets, net 98,803 117,490
Goodwill 194,934 194,934
Other long-term assets 26,468 33,388
Total assets 893,294 925,315
Current liabilities    
Accounts payable 48,803 58,357
Current portion of long-term debt   1,250
Current portion of finance lease liability 755 708
Other current liabilities 119,070 104,908
Total current liabilities 168,628 165,223
Long-term debt 157,015 93,107
Long-term portion of finance lease liability 17,835 18,532
Other long-term liabilities 46,692 49,723
Total liabilities 390,170 326,585
Contingencies (Note 13)
Shareholders’ equity    
Common shares $0.10 par value; 100,000 shares authorized; 38,486 and 37,165 issued and outstanding as of December 31, 2024 and 2023, respectively 3,849 3,717
Additional paid-in capital 779,718 746,450
Accumulated deficit (276,141) (150,144)
Accumulated other comprehensive loss (4,302) (1,293)
Total shareholders’ equity 503,124 598,730
Total liabilities and shareholders’ equity $ 893,294 $ 925,315