Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands |
Oct. 02, 2020 |
Dec. 31, 2019 |
| Current assets |
|
|
| Cash |
$ 63,734
|
$ 35,318
|
| Receivables |
268,143
|
269,144
|
| Other current assets |
24,537
|
16,154
|
| Total current assets |
356,414
|
320,616
|
| Property, plant, and equipment, net |
19,256
|
18,844
|
| Goodwill |
262,130
|
261,983
|
| Intangible assets, net |
11,902
|
14,926
|
| Right-of-use assets |
9,970
|
14,654
|
| Other non-current assets |
6,256
|
5,366
|
| Total non-current assets |
309,514
|
315,773
|
| Total Assets |
665,928
|
636,389
|
| Current liabilities |
|
|
| Accounts payable |
146,458
|
148,015
|
| Compensation and other employee benefits |
54,216
|
53,155
|
| Short-term debt |
8,000
|
6,500
|
| Other accrued liabilities |
38,572
|
37,409
|
| Total current liabilities |
247,246
|
245,079
|
| Long-term debt, net |
57,326
|
63,041
|
| Deferred tax liability |
41,734
|
49,407
|
| Other non-current liabilities |
35,817
|
19,997
|
| Total non-current liabilities |
134,877
|
132,445
|
| Total liabilities |
382,123
|
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; 11,621,709 and 11,523,691 shares issued and outstanding as of October 2, 2020 and December 31, 2019, respectively |
116
|
115
|
| Additional paid in capital |
81,589
|
78,757
|
| Retained earnings |
205,245
|
185,075
|
| Accumulated other comprehensive loss |
(3,145)
|
(5,082)
|
| Total shareholders' equity |
283,805
|
258,865
|
| Total Liabilities and Shareholders' Equity |
$ 665,928
|
$ 636,389
|