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
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2013
Current assets:      
Cash and cash equivalents $ 122,332 $ 196,433 $ 91,976
Accounts receivable, net of allowance of $15,663, $16,863 and $13,869, respectively 199,897 265,115 183,940
Inventories 382,696 327,319 355,879
Deferred income taxes 26,849 29,761 29,585
Prepaid expenses and other current assets 63,350 48,630 62,667
Total current assets 795,124 867,258 724,047
Property and equipment, net 173,912 178,720 171,019
Intangible assets, net 262,159 262,460 266,023
Goodwill 9,858 9,858 9,858
Other non-current assets 18,367 19,627 8,348
TOTAL ASSETS 1,259,420 1,337,923 1,179,295
Current liabilities:      
Accounts payable, trade 219,728 255,627 212,530
Current maturities of long-term debt 14,063 12,500 12,500
Accrued expenses and other current liabilities 187,237 207,984 156,193
Total current liabilities 421,028 476,111 381,223
Long-term debt, less current maturities 220,312 228,125 234,375
Deferred income taxes 80,733 88,034 85,495
Other long-term liabilities 15,368 16,572 11,346
Total liabilities 737,441 808,842 712,439
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; 52,390,665, 53,002,368 and 53,227,448 issued shares at June 30, 2014, December 31, 2013 and June 30, 2013, respectively 524 530 532
Additional paid-in capital 1,738,343 1,810,072 1,850,677
Accumulated deficit (1,216,753) (1,281,875) (1,385,500)
Accumulated other comprehensive (loss) income (135) 354 1,147
Total shareholders’ equity 521,979 529,081 466,856
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,259,420 $ 1,337,923 $ 1,179,295