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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 228,638 $ 213,022
Accounts receivable, net 88,423 72,725
Inventories, net 189,383 178,688
Income taxes receivable 2,085 2,261
Other current assets 47,895 42,218
Total current assets 556,424 508,914
Property, plant and equipment, net 483,262 473,960
Deferred income tax assets, net 32,368 35,187
Intangibles, net 47,554 51,497
Other noncurrent assets 75,981 64,181
Total assets 1,195,589 1,133,739
Current liabilities:    
Accounts payable 192,761 158,049
Short-term debt 9,998 5,873
Accrued expenses 80,582 74,108
Income taxes payable 11,731 13,300
Total current liabilities 295,072 251,330
Long-term debt (less current portion) 615,343 616,145
Noncurrent income tax liabilities 7,746 8,524
Deferred income tax liabilities, net 3,008 3,468
Other noncurrent liabilities 53,012 55,733
Commitments and contingent liabilities (Note 17)
Mezzanine equity:    
Preferred stock, $0.01 par value Authorized - 1,000,000 shares Issued and outstanding - 150,000 shares outstanding at March 31, 2023 and December 31, 2022 228,864 222,753
European noncontrolling redeemable equity 1,089 1,083
Shareholders’ deficit:    
Common stock, $0.01 par value Authorized - 100,000,000 shares Issued and outstanding - 27,908,669 and 27,016,125 shares at March 31, 2023 and December 31, 2022 108,603 111,105
Accumulated other comprehensive loss (56,518) (89,269)
Retained earnings (60,630) (47,133)
Total shareholders’ deficit (8,545) (25,297)
Total liabilities, mezzanine equity and shareholders’ deficit $ 1,195,589 $ 1,133,739