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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 66,856 $ 66,560
Accounts receivable, net of allowance for doubtful accounts of $1,354 and $1,226 at June 30, 2023 and December 31, 2022 respectively 125,109 131,578
Inventories, net 124,949 119,668
Prepaid expenses 8,829 4,903
Prepaid income taxes 3,550 0
Derivative assets 0 5,993
Other current assets 7,241 7,101
Total current assets 336,534 335,803
Property, plant and equipment, net 271,471 271,355
Goodwill 773,913 769,509
Intangible assets with finite lives, net 202,984 213,295
Right of use assets - operating leases 16,119 17,094
Right of use assets - finance lease 2,221 2,338
Other assets 15,989 15,118
Total assets 1,619,231 1,624,512
Current liabilities:    
Trade accounts payable 56,323 57,322
Accrued expenses 41,159 36,745
Accrued compensation and other benefits 12,627 16,544
Dividends payable 186 23,129
Income taxes payable 0 2,280
Operating lease liabilities - current 3,859 3,796
Finance lease liabilities - current 232 226
Total current liabilities 114,386 140,042
Revolving loan 405,569 440,569
Deferred income taxes 61,849 62,784
Operating lease liabilities - non-current 13,088 13,806
Finance lease liabilities - non-current 2,097 2,213
Other long-term obligations 15,339 26,814
Total liabilities 612,328 686,228
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; 32,239,202 and 32,152,787 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 2,151 2,145
Additional paid-in capital 137,254 128,806
Retained earnings 867,307 814,487
Accumulated other comprehensive income (loss) 191 (7,154)
Total stockholders' equity 1,006,903 938,284
Total liabilities and stockholders' equity $ 1,619,231 $ 1,624,512