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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Sep. 30, 2016
Cash flows from operating activities:      
Net income $ 6,828 $ 12,721  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 17,842 13,782  
Interest expense related to amortization of debt issue costs and debt discount 930 567  
Stock-based compensation 485 708  
Deferred income taxes 3,910 6,482  
Tax benefit from exercise of stock appreciation rights and vesting of restricted stock (5,257) (64)  
Net gain on disposition of property, plant and equipment (114) (47)  
Net loss of unconsolidated joint venture 12 13  
Decrease in trade receivables 33,812 43,521  
Increase in inventories (8,127) (1,259)  
Decrease in accounts payable and accrued liabilities (21,139) (34,434)  
Other changes in operating assets and liabilities, net (1,521) (423)  
Net cash provided by (used in) operating activities 27,661 41,567  
Cash flows from investing activities:      
Business acquisitions, net of cash acquired 0 (57,301)  
Purchase of property, plant and equipment (15,540) (7,685)  
Proceeds from disposition of property, plant and equipment 162 95  
Net decrease (increase) in long-term receivables and deposits 851 (1,301)  
Net change in other assets 1,832 (1,357)  
Net cash provided by (used in) investing activities (12,695) (67,549)  
Cash flows from financing activities:      
Payments on long-term debt (15,000) (1,062)  
Dividends paid to non-controlling interest in consolidated subsidiary 0 (355)  
Employee stock purchases 337 374  
Tax benefit from exercise of stock appreciation rights and vesting of restricted stock 5,257 64  
Net cash provided by (used in) financing activities (9,406) (979)  
Net increase (decrease) in cash and cash equivalents 5,560 (26,961)  
Cash and cash equivalents, beginning of period 65,298 142,597 $ 142,597
Cash and cash equivalents, end of period $ 70,858 $ 115,636 $ 65,298