v3.26.1

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 41,175	$ 40,705
Trade receivables, net of provision for credit losses of $956 and $887 at March 31, 2026 and December 31, 2025, respectively	91,722	88,775
Inventories	110,131	109,198
Prepaid expenses and other assets	16,502	14,759
Total current assets	259,530	253,437
Property, plant, and equipment, net	61,086	61,771
Deferred income taxes	10,545	10,509
Intangible assets, net	84,947	88,391
Goodwill	133,687	134,332
Operating lease assets	19,564	21,030
Other long-term assets	8,304	8,125
Total Assets	577,663	577,595
Current liabilities:
Accounts payable	33,078	28,433
Accrued liabilities	36,543	40,890
Total current liabilities	69,621	69,323
Long-term debt	177,301	180,389
Deferred income taxes	3,116	3,241
Operating lease liabilities	15,138	16,431
Other long-term liabilities	6,561	6,756
Total liabilities	271,737	276,140
Stockholders' Equity:
Common stock, no par value, authorized 50,000 shares; 17,035 and 16,936 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively	116,232	113,936
Preferred stock, par value $1.00 per share, authorized 5,000 shares; no shares issued or outstanding
Retained earnings	201,901	197,046
Accumulated other comprehensive loss	(12,207)	(9,527)
Total stockholders' equity	305,926	301,455
Total Liabilities and Stockholders' Equity	$ 577,663	$ 577,595

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-Q