Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Sep. 30, 2016
Current assets:      
Cash and cash equivalents $ 20,574 $ 42,734 $ 67,442
Accounts receivable, net of allowance of $15,862, $19,086 and $15,487, respectively 216,620 335,005 226,589
Inventories 439,034 391,106 450,671
Prepaid expenses and other current assets 48,107 44,173 56,309
Total current assets 724,335 813,018 801,011
Property and equipment, net 212,148 211,106 207,216
Intangible assets, net 253,655 253,623 253,619
Goodwill 9,858 9,858 9,858
Other non-current assets 16,187 16,928 12,809
TOTAL ASSETS 1,216,183 1,304,533 1,284,513
Current liabilities:      
Accounts payable, trade 228,324 293,816 241,637
Current maturities of long-term debt 34,375 25,000 25,000
Accrued expenses and other current liabilities 211,073 225,265 191,775
Total current liabilities 473,772 544,081 458,412
Long-term debt, less current maturities and net of unamortized deferred financing costs 438,048 484,878 600,687
Deferred income taxes 66,899 59,760 43,145
Other long-term liabilities 20,466 20,328 20,199
Total liabilities 999,185 1,109,047 1,122,443
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; 52,432,249, 52,239,795 and 52,187,351 issued shares September 30, 2017, December 31, 2016 and September 30, 2016, respectively 524 522 522
Additional paid-in capital 964,996 1,013,688 1,026,737
Accumulated deficit (750,695) (820,944) (864,464)
Accumulated other comprehensive income (loss) 2,173 2,220 (725)
Total shareholders’ equity 216,998 195,486 162,070
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,216,183 $ 1,304,533 $ 1,284,513