v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 65,606 $ 83,238
Restricted cash 3,083 2,500
Accounts receivable, net of allowances of $8,909 and $7,418, respectively 129,556 134,713
Inventories 172,993 189,452
Prepaid expenses and other current assets 24,592 23,382
Total current assets 395,830 433,285
Property, plant, and equipment, net 129,200 139,804
Intangible assets, net 78,868 98,803
Goodwill 194,934 194,934
Other long-term assets 38,325 26,468
Total assets 837,157 893,294
Current liabilities    
Accounts payable 45,098 48,803
Current portion of finance lease liability 797 755
Other current liabilities 102,486 119,070
Total current liabilities 148,381 168,628
Long-term debt 157,047 157,015
Long-term portion of finance lease liability 17,448 17,835
Other long-term liabilities 55,934 46,692
Total liabilities 378,810 390,170
Contingencies (Note 7)
Shareholders’ equity    
Common shares $0.10 par value; 100,000 shares authorized; 39,483 and 38,486 issued and outstanding as of June 30, 2025, and December 31, 2024, respectively 3,948 3,849
Additional paid-in capital 796,807 779,718
Accumulated deficit (343,316) (276,141)
Accumulated other comprehensive income (loss) 908 (4,302)
Total shareholders’ equity 458,347 503,124
Total liabilities and shareholders’ equity $ 837,157 $ 893,294