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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 60,199 $ 66,560
Accounts receivable, net of allowance for doubtful accounts of $1,260 and $1,226 at March 31, 2023 and December 31, 2022 respectively 131,369 131,578
Inventories, net 124,768 119,668
Prepaid expenses 7,425 4,903
Derivative assets 3,964 5,993
Other current assets 7,878 7,101
Total current assets 335,603 335,803
Property, plant and equipment, net 276,103 271,355
Goodwill 774,361 769,509
Intangible assets with finite lives, net 209,470 213,295
Right of use assets - operating leases 15,232 17,094
Right of use assets - finance lease 2,281 2,338
Other assets 15,715 15,118
Total assets 1,628,765 1,624,512
Current liabilities:    
Trade accounts payable 53,419 57,322
Accrued expenses 42,754 36,745
Accrued compensation and other benefits 9,223 16,544
Dividends payable 189 23,129
Income taxes payable 7,878 2,280
Operating lease liabilities - current 2,831 3,796
Finance lease liabilities - current 229 226
Total current liabilities 116,523 140,042
Revolving loan 431,569 440,569
Deferred income taxes 62,919 62,784
Operating lease liabilities - non-current 13,091 13,806
Finance lease liabilities - non-current 2,156 2,213
Other long-term obligations 29,091 26,814
Total liabilities 655,349 686,228
Commitments and contingencies (Note 16)
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; 32,225,627 and 32,152,787 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 2,150 2,145
Additional paid-in capital 132,210 128,806
Retained earnings 837,197 814,487
Accumulated other comprehensive income (loss) 1,859 (7,154)
Total stockholders' equity 973,416 938,284
Total liabilities and stockholders' equity $ 1,628,765 $ 1,624,512