Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 7,950 $ 18,609
Accounts receivable, net 41,865 78,589
Inventories 98,360 70,871
Inventories - truck chassis floor plan 6,938 3,939
Refundable income taxes paid 5,412 1,541
Prepaid and other current assets 3,511 2,886
Total current assets 164,036 176,435
Property, plant, and equipment, net 51,711 52,141
Goodwill 238,286 238,286
Other intangible assets, net 192,102 194,851
Other long-term assets 5,078 4,460
Total assets 651,213 666,173
Current liabilities:    
Accounts payable 15,131 17,299
Accrued expenses and other current liabilities 19,123 27,325
Floor plan obligations 6,938 3,939
Current portion of long-term debt 2,829 2,829
Total current liabilities 44,021 51,392
Retiree health benefit obligation 7,312 7,193
Pension obligation 9,763 10,184
Deferred income taxes 55,336 54,563
Long-term debt, less current portion 306,240 306,726
Other long-term liabilities 16,270 15,652
Stockholders' equity:    
Common Stock, par value $0.01, 200,000,000 shares authorized, 22,590,897 and 22,501,640 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 226 225
Additional paid-in capital 145,136 144,523
Retained earnings 73,615 82,387
Accumulated other comprehensive loss, net of tax (6,706) (6,672)
Total stockholders' equity 212,271 220,463
Total liabilities and stockholders' equity $ 651,213 $ 666,173