v3.25.4

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 40,705	$ 36,102
Trade receivables, net of provision for credit losses of $887 and $1,628 at December 31, 2025 and December 31, 2024, respectively	88,775	78,774
Inventories	109,198	111,517
Prepaid expenses and other assets	14,759	11,187
Total current assets	253,437	237,580
Property, plant, and equipment, net	61,771	65,685
Deferred income taxes	10,509	9,116
Intangible assets, net	88,391	99,671
Goodwill	134,332	131,789
Operating lease assets	21,030	23,748
Other long-term assets	8,125	8,192
Total Assets	577,595	575,781
Current liabilities:
Accounts payable	28,433	27,156
Accrued liabilities	40,890	30,221
Total current liabilities	69,323	57,377
Long-term debt	180,389	224,177
Deferred income taxes	3,241	3,642
Pension and post-retirement obligations	1,239	1,667
Operating lease liabilities	16,431	19,417
Other long-term liabilities	5,517	4,647
Total liabilities	276,140	310,927
Commitments and contingencies (Note 11)
Stockholders' Equity:
Common stock, no par value, authorized 50,000 shares; 16,936 and 16,810 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	113,936	111,024
Preferred stock, par value $1.00 per share, authorized 5,000 shares; no shares issued or outstanding
Retained earnings	197,046	177,013
Accumulated other comprehensive loss	(9,527)	(23,183)
Total stockholders' equity	301,455	264,854
Total Liabilities and Stockholders' Equity	$ 577,595	$ 575,781

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

ALLIENT INC 10-K