Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Current assets:      
Cash and cash equivalents $ 48,246 $ 42,734 $ 46,785
Accounts receivable, net of allowance of $18,926, $19,086 and $19,706, respectively 236,828 335,005 217,878
Inventories 409,663 391,106 441,977
Prepaid expenses and other current assets 49,128 44,173 55,481
Total current assets 743,865 813,018 762,121
Property and equipment, net 210,382 211,106 206,344
Intangible assets, net 253,634 253,623 255,266
Goodwill 9,858 9,858 9,858
Other non-current assets 18,275 16,928 12,718
TOTAL ASSETS 1,236,014 1,304,533 1,246,307
Current liabilities:      
Accounts payable, trade 217,129 293,816 209,933
Current maturities of long-term debt 28,125 25,000 25,000
Accrued expenses and other current liabilities 208,144 225,265 204,897
Total current liabilities 453,398 544,081 439,830
Long-term debt, less current maturities and net of unamortized deferred financing costs 495,932 484,878 592,302
Deferred income taxes 60,665 59,760 42,929
Other long-term liabilities 24,638 20,328 20,006
Total liabilities 1,034,633 1,109,047 1,095,067
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; 52,374,108, 52,239,795 and 52,283,382 issued shares March 31, 2017, December 31, 2016 and March 31, 2016, respectively 523 522 523
Additional paid-in capital 998,007 1,013,688 1,062,128
Accumulated deficit (799,696) (820,944) (911,067)
Accumulated other comprehensive income (loss) 2,547 2,220 (344)
Total shareholders’ equity 201,381 195,486 151,240
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,236,014 $ 1,304,533 $ 1,246,307