XML 17 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating Activities    
Net loss $ (1,653) $ (8,244)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 6,304 6,288
Provision for doubtful accounts 375 0
Gain on sale of assets (7) (507)
Share-based compensation expense 825 913
Amortization of deferred gain on sale leaseback transaction 0 (114)
Deferred income taxes 51 75
Income tax benefit related to other comprehensive income (166) 0
Changes in operating assets and liabilities:    
Trade accounts receivable, net 5,045 3,128
Prepaid expenses and other assets 1,167 (2,338)
Accounts payable (1,337) (4,163)
Accrued and other liabilities (1,020) 4,984
Net cash provided by operating activities 9,584 22
Investing Activities    
Proceeds from sale of assets 13 982
Purchases of property, plant and equipment (594) (5,209)
Cash paid for acquisition of businesses (414) (18,760)
Net cash used in investing activities (995) (22,987)
Financing Activities    
Proceeds from the issuance of common stock 114 647
Proceeds from line of credit 148,200 161,795
Principal payments on line of credit (156,954) (137,893)
Principal payments on other debt (1,409) (580)
Net cash (used in) provided by financing activities (10,049) 23,969
Effect of exchange rate changes on cash 88 84
Net (decrease) increase in cash and cash equivalents (1,372) 1,088
Cash and cash equivalents at beginning of period 2,626 5,306
Cash and cash equivalents at end of period $ 1,254 $ 6,394