Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 27,141 $ 35,665
Accounts receivable, net 48,096 87,871
Inventories 112,370 77,942
Inventories - truck chassis floor plan 8,774 6,539
Refundable income taxes paid 974  
Prepaid and other current assets 5,168 3,511
Total current assets 202,523 211,528
Property, plant, and equipment, net 58,542 58,444
Goodwill 241,006 241,006
Other intangible assets, net 160,984 163,722
Operating lease - right of use asset 21,555 22,557
Other long-term assets 7,926 8,438
Total assets 692,536 705,695
Current liabilities:    
Accounts payable 17,224 16,113
Accrued expenses and other current liabilities 22,135 26,496
Floor plan obligations 8,774 6,539
Operating lease liability - current 3,770 3,822
Income taxes payable   2,990
Short term borrowings 30,000  
Current portion of long-term debt 1,938 22,143
Total current liabilities 83,841 78,103
Retiree health benefit obligation 6,451 6,338
Deferred income taxes 45,961 47,211
Long-term debt, less current portion 222,008 222,081
Operating lease liability - noncurrent 18,010 18,981
Other long-term liabilities 23,230 19,818
Stockholders' equity:    
Common Stock, par value $0.01, 200,000,000 shares authorized, 22,857,457 and 22,795,412 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 229 228
Additional paid-in capital 156,296 155,001
Retained earnings 143,618 160,748
Accumulated other comprehensive loss, net of tax (7,108) (2,814)
Total stockholders' equity 293,035 313,163
Total liabilities and stockholders' equity $ 692,536 $ 705,695