Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 348 $ 27,820
Accounts receivable, net 55,282 81,485
Inventories 111,225 81,996
Inventories - truck chassis floor plan 7,382 4,204
Refundable income taxes paid 2,041  
Prepaid and other current assets 3,723 3,590
Total current assets 180,001 199,095
Property, plant, and equipment, net 53,817 55,195
Goodwill 241,006 241,006
Other intangible assets, net 171,937 174,678
Operating lease - right of use asset 21,537  
Other long-term assets 7,721 6,219
Total assets 676,019 676,193
Current liabilities:    
Accounts payable 16,443 18,703
Accrued expenses and other current liabilities 18,410 23,306
Floor plan obligations 7,382 4,204
Operating lease liability - current 3,335  
Income taxes payable   106
Short term borrowings 16,000  
Current portion of long-term debt 2,749 32,749
Total current liabilities 64,319 79,068
Retiree health benefit obligation 6,345 6,240
Pension obligation 2,246 2,129
Deferred income taxes 49,208 48,198
Long-term debt, less current portion 242,465 242,946
Operating lease liability - noncurrent 18,222  
Other long-term liabilities 17,065 14,856
Stockholders' equity:    
Common Stock, par value $0.01, 200,000,000 shares authorized, 22,795,412 and 22,700,991 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 228 227
Additional paid-in capital 152,816 151,813
Retained earnings 130,176 136,765
Accumulated other comprehensive loss, net of tax (7,071) (6,049)
Total stockholders' equity 276,149 282,756
Total liabilities and stockholders' equity $ 676,019 $ 676,193