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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 20,731 $ 32,054
Accounts receivable, net of allowance of $3,319 and $3,529 199,598 197,990
Inventories, net 107,004 98,307
Prepaid expenses and other current assets 24,684 19,671
Assets of discontinued operations 0 77,438
Total current assets 352,017 425,460
Property, plant, and equipment, net 91,717 89,562
Operating lease assets 23,465 25,229
Goodwill 523,446 514,279
Acquired intangibles 151,877 156,365
Other assets 12,669 1,599
Total assets 1,155,191 1,212,494
Current liabilities:    
Accounts payable 135,130 134,738
Accrued expenses 71,946 83,505
Billings in excess of cost 51,591 34,702
Liabilities of discontinued operations 0 49,295
Total current liabilities 258,667 302,240
Long-term debt 58,023 85,636
Deferred income taxes 37,996 39,057
Non-current operating lease liabilities 16,165 17,730
Other non-current liabilities 25,932 24,026
Stockholders’ equity:    
Preferred stock, $0.01 par value; authorized 10,000 shares; none outstanding 0 0
Common stock, $0.01 par value; authorized 50,000 shares; 33,711 shares and 33,568 shares issued and outstanding in 2021 and 2020 337 336
Additional paid-in capital 308,147 304,870
Retained earnings 482,705 469,943
Accumulated other comprehensive income (loss) 764 (2,461)
Cost of 1,082 and 1,028 common shares held in treasury in 2021 and 2020 (33,545) (28,883)
Total stockholders’ equity 758,408 743,805
Total liabilities and shareholders' equity $ 1,155,191 $ 1,212,494