Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Jun. 30, 2014
Current assets:      
Cash and cash equivalents $ 74,177 $ 159,985 $ 122,332
Accounts receivable, net of allowance of $13,625, $18,824 and $15,663, respectively 195,468 317,785 199,897
Inventories 448,792 398,705 382,696
Deferred income taxes 29,775 32,668 26,849
Prepaid expenses and other current assets 61,241 44,728 63,350
Total current assets 809,453 953,871 795,124
Property and equipment, net 199,906 193,889 173,912
Intangible assets, net 261,863 261,962 262,159
Goodwill 9,858 9,858 9,858
Other non-current assets 18,264 12,614 18,367
TOTAL ASSETS 1,299,344 1,432,194 1,259,420
Current liabilities:      
Accounts payable, trade 222,857 255,287 219,728
Current maturities of long-term debt 12,500 17,188 14,063
Accrued expenses and other current liabilities 183,634 241,074 187,237
Total current liabilities 418,991 513,549 421,028
Long-term debt, less current maturities 662,500 210,938 220,312
Deferred income taxes 81,998 88,787 80,733
Other long-term liabilities 21,405 16,579 15,368
Total liabilities $ 1,184,894 $ 829,853 $ 737,441
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; 52,781,048, 52,425,895 and 52,390,665 issued shares at June 30, 2015, December 31, 2014 and June 30, 2014, respectively 528 524 524
Additional paid-in capital 1,147,847 1,710,581 1,738,343
Accumulated deficit (1,033,570) (1,108,891) (1,216,753)
Accumulated other comprehensive (loss) income (355) 127 (135)
Total shareholders’ equity 114,450 602,341 521,979
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,299,344 $ 1,432,194 $ 1,259,420