v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 28,551 $ 31,898
Accounts receivable, net of allowance for doubtful accounts of $9,839 and $9,790, respectively 102,051 93,697
Inventories 167,309 144,552
Prepaid expenses and other 15,256 16,224
Total current assets 313,167 286,371
Property, plant and equipment 248,312 249,280
Less - accumulated depreciation (127,208) (121,922)
Property, plant and equipment, net 121,104 127,358
Purchased intangible assets, net 146,338 155,051
Deferred tax assets 211 833
Other assets 68,806 66,218
Total assets 649,626 635,831
Current liabilities:    
Accounts payable 49,076 48,188
Accrued expenses 14,173 12,375
Accrued income taxes 2,762 4,289
Accrued employee compensation and benefits 11,921 13,111
Contract liabilities 30,072 22,568
Current portion of long-term debt 3,750 3,438
Other current liabilities 10,776 10,356
Total current liabilities 122,530 114,325
Long-term debt 55,314 47,206
Deferred tax liabilities 412 475
Other long-term liabilities 46,940 44,695
Total liabilities 225,196 206,701
Commitments and contingencies (Note 11)
Redeemable noncontrolling interest 187,080 187,080
Stockholders’ equity    
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares 0 0
Common stock, $0.05 par value; 50,000,000 shares authorized; 21,559,103 and 21,497,468 shares issued, respectively 1,078 1,075
Additional paid-in capital 308,712 306,293
Accumulated deficit (19,010) (13,452)
Other cumulative comprehensive loss (25,820) (24,716)
Treasury stock, at cost, and company stock held for deferred compensation, at par; 1,018,154 and 979,334 shares, respectively (27,610) (27,150)
Total stockholders’ equity 237,350 242,050
Total liabilities, redeemable noncontrolling interest, and stockholders’ equity $ 649,626 $ 635,831