Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands |
Apr. 03, 2020 |
Dec. 31, 2019 |
| Current assets |
|
|
| Cash |
$ 146,172
|
$ 35,318
|
| Receivables |
263,601
|
269,144
|
| Other current assets |
21,212
|
16,154
|
| Total current assets |
430,985
|
320,616
|
| Property, plant, and equipment, net |
18,540
|
18,844
|
| Goodwill |
261,983
|
261,983
|
| Intangible assets, net |
13,911
|
14,926
|
| Right-of-use assets |
12,390
|
14,654
|
| Other non-current assets |
5,789
|
5,366
|
| Total non-current assets |
312,613
|
315,773
|
| Total Assets |
743,598
|
636,389
|
| Current liabilities |
|
|
| Accounts payable |
147,364
|
148,015
|
| Compensation and other employee benefits |
42,131
|
53,155
|
| Short-term debt |
122,000
|
6,500
|
| Other accrued liabilities |
39,331
|
37,409
|
| Total current liabilities |
350,826
|
245,079
|
| Long-term debt, net |
61,139
|
63,041
|
| Deferred tax liability |
47,294
|
49,407
|
| Other non-current liabilities |
20,096
|
19,997
|
| Total non-current liabilities |
128,529
|
132,445
|
| Total liabilities |
479,355
|
377,524
|
| Commitments and contingencies (Note 13) |
|
|
| Shareholders' Equity |
|
|
| Preferred stock; $0.01 par value; 10,000,000 shares authorized; No shares issued and outstanding |
0
|
0
|
| Common stock; $0.01 par value; 100,000,000 shares authorized; 11,587,719 and 11,523,691 shares issued and outstanding as of April 3, 2020 and December 31, 2019, respectively |
116
|
115
|
| Additional paid in capital |
78,690
|
78,757
|
| Retained earnings |
193,743
|
185,075
|
| Accumulated other comprehensive loss |
(8,306)
|
(5,082)
|
| Total shareholders' equity |
264,243
|
258,865
|
| Total Liabilities and Shareholders' Equity |
$ 743,598
|
$ 636,389
|