Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Mar. 31, 2013
Current assets:      
Cash and cash equivalents $ 160,868 $ 196,433 $ 150,872
Accounts receivable, net of allowance of $17,378, $16,863 and $15,470, respectively 206,857 265,115 185,584
Inventories 365,847 327,319 341,627
Deferred income taxes 28,309 29,761 28,295
Prepaid expenses and other current assets 56,454 48,630 52,079
Total current assets 818,335 867,258 758,457
Property and equipment, net 175,798 178,720 168,643
Intangible assets, net 262,198 262,460 266,285
Goodwill 9,858 9,858 9,858
Other non-current assets 19,643 19,627 6,724
TOTAL ASSETS 1,285,832 1,337,923 1,209,967
Current liabilities:      
Accounts payable, trade 211,160 255,627 212,786
Current maturities of long-term debt 12,500 12,500 12,500
Accrued expenses and other current liabilities 196,755 207,984 179,148
Total current liabilities 420,415 476,111 404,434
Long-term debt, less current maturities 225,000 228,125 237,500
Deferred income taxes 84,533 88,034 80,979
Other long-term liabilities 15,089 16,572 11,703
Total liabilities 745,037 808,842 734,616
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; 53,188,408, 53,002,368 and 54,061,037 issued shares at March 31, 2014, December 31, 2013 and March 31, 2013, respectively 532 530 541
Additional paid-in capital 1,797,622 1,810,072 1,904,006
Accumulated deficit (1,257,693) (1,281,875) (1,428,780)
Accumulated other comprehensive income (loss) 334 354 (416)
Total shareholders’ equity 540,795 529,081 475,351
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,285,832 $ 1,337,923 $ 1,209,967