Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Current assets:      
Cash and cash equivalents $ 32,260 $ 42,734 $ 54,756
Accounts receivable, net of allowance of $15,854, $19,086 and $17,197, respectively 221,975 335,005 208,380
Inventories 415,398 391,106 416,034
Prepaid expenses and other current assets 46,141 44,173 74,131
Total current assets 715,774 813,018 753,301
Property and equipment, net 210,600 211,106 205,492
Intangible assets, net 253,631 253,623 253,622
Goodwill 9,858 9,858 9,858
Other non-current assets 16,981 16,928 13,938
TOTAL ASSETS 1,206,844 1,304,533 1,236,211
Current liabilities:      
Accounts payable, trade 221,120 293,816 226,806
Current maturities of long-term debt 31,250 25,000 25,000
Accrued expenses and other current liabilities 202,825 225,265 183,400
Total current liabilities 455,195 544,081 435,206
Long-term debt, less current maturities and net of unamortized deferred financing costs 451,989 484,878 578,493
Deferred income taxes 60,090 59,760 38,900
Other long-term liabilities 24,457 20,328 21,754
Total liabilities 991,731 1,109,047 1,074,353
Commitments and contingencies (Note 12)
SHAREHOLDERS’ EQUITY:      
Preferred stock $0.01 par value; 25,000,000 authorized shares; no issued shares 0 0 0
Common stock $0.01 par value; 300,000,000 authorized shares; 52,415,824, 52,239,795 and 52,266,366 issued shares June 30, 2017, December 31, 2016 and June 30, 2016, respectively 524 522 523
Additional paid-in capital 979,352 1,013,688 1,047,539
Accumulated deficit (766,923) (820,944) (884,622)
Accumulated other comprehensive income (loss) 2,160 2,220 (1,582)
Total shareholders’ equity 215,113 195,486 161,858
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,206,844 $ 1,304,533 $ 1,236,211