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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 64,466 $ 103,239
Accounts receivable, net of allowance for doubtful accounts of $1,164 and $928 at March 31, 2022 and December 31, 2021 respectively 136,974 117,408
Inventories, net 108,411 91,058
Prepaid expenses 5,383 6,116
Other current assets 4,570 4,411
Total current assets 319,804 322,232
Property, plant and equipment, net 240,419 237,517
Goodwill 522,587 523,949
Intangible assets with finite lives, net 88,525 94,665
Right of use assets - operating leases 6,901 6,929
Right of use assets - finance lease 2,308 2,359
Derivative assets 882 0
Other assets 13,482 11,674
Total assets 1,194,908 1,199,325
Current liabilities:    
Trade accounts payable 46,819 56,243
Accrued expenses 53,957 43,411
Accrued compensation and other benefits 10,325 19,567
Dividends payable 129 20,886
Income taxes payable 9,936 1,334
Operating lease liabilities - current 2,194 2,194
Finance lease liabilities - current 169 167
Total current liabilities 123,529 143,802
Revolving loan 128,569 108,569
Deferred income taxes 47,033 46,455
Operating lease liabilities - non-current 4,730 4,811
Finance lease liabilities - non-current 2,260 2,303
Derivative liabilities 0 2,658
Other long-term obligations 15,105 13,712
Total liabilities 321,226 322,310
Commitments and contingencies (Note 15)
Stockholders' equity:    
Preferred stock, $25 par value. Authorized 2,000,000 shares; none issued and outstanding 0 0
Common stock, $0.0667 par value. Authorized 120,000,000 shares; 32,116,069 shares issued and outstanding at March 31, 2022 and 32,287,150 shares issued and outstanding at December 31, 2021, respectively 2,142 2,154
Additional paid-in capital 116,771 147,716
Retained earnings 761,058 732,138
Accumulated other comprehensive loss (6,289) (4,993)
Total stockholders' equity 873,682 877,015
Total liabilities and stockholders' equity $ 1,194,908 $ 1,199,325