XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ (936) $ (8,498)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,050 2,294
Provision for (recovery of) doubtful accounts 78 224
Provision for (benefit from) deferred income taxes 345 690
Stock-based compensation 937 1,278
Other, net 0 190
Changes in assets and liabilities:    
Decrease (increase) in accounts receivable (7,596) (3,542)
Decrease (increase) in prepaid and other assets 268 502
Increase (decrease) in accounts payable, accrued expenses and other liabilities 2,438 (5,627)
Increase (decrease) in accrued business reorganization (1,129) (2,566)
Net cash used in operating activities (3,545) (15,055)
Cash flows from investing activities:    
Capital expenditures (679) (1,820)
Proceeds from sale of assets 0 42
Net cash used in investing activities (679) (1,778)
Cash flows from financing activities:    
Borrowings under credit agreements 133,404 89,804
Repayments under credit agreements (133,935) (84,280)
Repayment of capital lease obligations (69) (63)
Payments of Ordinary Dividends, Common Stock 0 (3,401)
Purchase of treasury stock (703) (4,917)
Purchase of restricted stock from employees (5) (65)
Net cash provided by (used in) financing activities (1,308) (2,922)
Effect of exchange rates on cash and cash equivalents 1,045 (506)
Net increase (decrease) in cash and cash equivalents (4,487) (20,261)
Cash and cash equivalents, beginning of the period 21,322 37,663
Cash and cash equivalents, end of the period 16,835 17,402
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 312 249
Net cash payments during the period for income taxes $ 1,543 $ 731