XML 15 R3.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets, Current [Abstract]    
Cash and cash equivalents $ 13,746 $ 21,903
Accounts receivable, net of allowances of $1,660 and $1,241 at June 30, 2024 and December 31, 2023 68,832 65,545
Inventories 68,291 71,563
Income tax receivable 13,045 11,885
Prepaid Expense and Other Assets 4,545 2,464
Other current assets 16,883 9,194
Total current assets 185,342 182,554
Property, plant and equipment, net of accumulated depreciation of $246,892 and $254,013 at June 30, 2024 and December 31, 2023 171,591 185,812
Operating lease right-of-use assets 41,593 43,357
Intangible assets, net 51,221 58,724
Investment in joint venture 36,330 32,701
Deferred tax assets 771 734
Other non-current assets 10,386 7,003
Total assets 497,234 510,885
Liabilities, Current [Abstract]    
Accounts payable 45,470 45,480
Accrued salaries, wages and benefits 14,848 15,464
Income tax payable 380 524
Short-term debt and current maturities of long-term debt 8,041 3,910
Current portion of operating lease liabilities 5,417 5,735
Other current liabilities 16,739 10,506
Total current liabilities 90,895 81,619
Deferred tax liabilities 4,605 4,988
Long-term debt, net of current maturities 150,694 149,369
Operating lease liabilities, net of current portion 45,078 47,281
Other non-current liabilities 12,214 24,827
Total liabilities 303,486 308,084
Commitments and contingencies (Note 10)
Common stock - $0.01 par value per share, 90,000 shares authorized, 50,032 and 47,269 shares issued and outstanding at June 30, 2024 and December 31, 2023 500 473
Additional paid-in capital 462,410 457,632
Accumulated deficit (310,088) (295,348)
Accumulated other comprehensive loss (44,386) (37,755)
Total stockholders’ equity 108,436 125,002
Total liabilities, preferred stock, and stockholders’ equity 497,234 510,885
Series D Preferred Stock    
Liabilities, Current [Abstract]    
Series D perpetual preferred stock - $0.01 par value per share, 65 shares authorized, issued and outstanding at June 30, 2024 and December 31, 2023 $ 85,312 $ 77,799