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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
OPERATING ACTIVITIES:    
Net (loss) income $ (18,244) $ 49,421
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation 13,242 11,819
Amortization, including accretion and write-off of deferred financing costs 2,732 3,464
Deferred income taxes (7,018) 3,804
Earnings of equity method investee (226) (912)
Loss (gain) on sale of fixed assets 131 (26)
Share-based compensation expense 2,110 3,594
Excess tax deficiency (benefit) related to share-based compensation expense 40 (752)
Gain on disposal of Non-core Products, net   (33,599)
Property, plant and equipment impairment charge 2,326  
Change in fair value of earn-out contingent consideration (233) 905
Change in fair value of venture capital fund 139 16
Changes in operating assets and liabilities, net of effect of business combination:    
Accounts receivable, net 37,644 (13,440)
Inventories, net (6,295) (21,798)
Prepaid expenses and other assets 992 (9,678)
Accounts payable (26,044) 13,604
Accrued expenses and other liabilities (7,829) 242
Net cash (used for) provided by operating activities (6,533) 6,664
INVESTING ACTIVITIES:    
Capital expenditures, including intangibles (17,194) (17,479)
Proceeds from sale of fixed assets 19 49
Proceeds from disposal of Non-core Products   34,386
Investment in venture capital fund (750) (1,200)
Net cash (used for) provided by investing activities (17,925) 15,756
FINANCING ACTIVITIES:    
Revolving credit facility borrowings 71,500 55,000
Revolving credit facility payments (36,500) (47,500)
Proceeds from issuance of debt 17,345 55
Repayments of debt (15,204) (999)
Earn-out consideration cash payment   (3,394)
Other financing costs (1,038) (873)
Common Share repurchase program (4,995) (50,000)
Repurchase of Common Shares to satisfy employee tax withholding (1,741) (3,209)
Net cash provided by (used for) financing activities 29,367 (50,920)
Effect of exchange rate changes on cash and cash equivalents (1,900) (1,089)
Net change in cash and cash equivalents 3,009 (29,589)
Cash and cash equivalents at beginning of period 69,403 81,092
Cash and cash equivalents at end of period 72,412 51,503
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,344 2,198
Cash paid for income taxes, net $ 636 $ 7,100