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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash provided by (used for) operating activities:    
Net income (loss) $ (3,397) $ 23,031
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:    
Depreciation and amortization 23,734 25,264
Provision for doubtful accounts 275 2
Provision for inventory write-downs 11,222 6,450
Gain on sale of Guangzhou factory 0 (36,978)
Deferred income taxes 2,273 (1,370)
Shares issued for employee benefit plan 876 880
Employee and director stock-based compensation 6,718 6,808
Performance-based common stock warrants 1,381 747
Impairment of China factory equipment 0 2,886
Changes in operating assets and liabilities:    
Accounts receivable and contract assets (11,117) (1,289)
Inventories (6,819) (9,535)
Prepaid expenses and other assets 5,507 (4,194)
Accounts payable and accrued liabilities 11,686 (13,142)
Accrued income taxes (2,418) (4,134)
Net cash provided by (used for) operating activities 39,921 (4,574)
Cash provided by (used for) investing activities:    
Proceeds from sale of Guangzhou factory 0 51,291
Acquisitions of property, plant and equipment (15,854) (16,838)
Refund of deposit received toward sale of Guangzhou factory 0 (5,053)
Acquisitions of intangible assets (1,505) (1,911)
Net cash provided by (used for) investing activities (17,359) 27,489
Cash provided by (used for) financing activities:    
Borrowings under line of credit 57,500 48,000
Repayments on line of credit (71,000) (82,500)
Proceeds from stock options exercised 411 864
Treasury stock purchased (1,741) (12,564)
Contingent consideration payments in connection with business combinations (4,251) (3,858)
Net cash provided by (used for) financing activities (19,081) (50,058)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,959) 1,799
Net increase (decrease) in cash, cash equivalents and restricted cash 1,522 (25,344)
Cash, cash equivalents and restricted cash at beginning of year 53,207 67,339
Cash, cash equivalents and restricted cash at end of period 54,729 41,995
Supplemental cash flow information:    
Income taxes paid 5,608 5,453
Interest paid $ 3,479 $ 3,722