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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 57,953 $ 83,238
Restricted cash 2,500 2,500
Accounts receivable, net of allowances of $8,602 and $7,418, respectively 131,865 134,713
Inventories 174,480 189,452
Prepaid expenses and other current assets 23,512 23,382
Total current assets 390,310 433,285
Property, plant, and equipment, net 130,693 139,804
Intangible assets, net 81,213 98,803
Goodwill 194,934 194,934
Other long-term assets 25,994 26,468
Total assets 823,144 893,294
Current liabilities    
Accounts payable 45,176 48,803
Current portion of finance lease liability 767 755
Other current liabilities 98,173 119,070
Total current liabilities 144,116 168,628
Long-term debt 156,885 157,015
Long-term portion of finance lease liability 17,636 17,835
Other long-term liabilities 46,213 46,692
Total liabilities 364,850 390,170
Contingencies (Note 7)
Shareholders’ equity    
Common shares $0.10 par value; 100,000 shares authorized; 39,096 and 38,486 issued and outstanding as of March 31, 2025, and December 31, 2024, respectively 3,910 3,849
Additional paid-in capital 786,175 779,718
Accumulated deficit (329,235) (276,141)
Accumulated other comprehensive loss (2,556) (4,302)
Total shareholders’ equity 458,294 503,124
Total liabilities and shareholders’ equity $ 823,144 $ 893,294