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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ (22,781) $ (27,867) $ 49,411
Adjustments to reconcile net income to cash flows from operating activities:      
Depreciation and amortization 14,737 17,384 17,630
Noncash amortization of debt financing costs 1,128 337 303
Pension plan settlement 0 0 2,942
Shared-based compensation expense 3,786 3,900 3,846
Deferred income tax expense (benefit) 505 24,041 (20,699)
Noncash (gain) loss on derivative contracts (1,719) (1,036) (535)
Gain on sale of assets 0 (3,544) 0
Loss on extinguishment of debt 460 509 0
Loss on sale of Industrial Automation segment 0 7,856 0
Gain on sale of Cab structures business 0 (28,754) 0
Change in other operating items:      
Accounts receivable 34,190 10,703 18,819
Inventories 11,293 (13,042) 15,000
Prepaid expenses 2,011 794 (5,123)
Accounts payable (4,048) 2,825 (44,079)
Accrued liabilities (4,885) (9,131) 11,078
Cloud computing arrangements (1,136) (1,755) (800)
Income taxes payable 3,377 (4,716) (3,635)
Other operating activities, net 7,725 (11,956) (5,882)
Net cash provided by (used in) operating activities 44,643 (33,452) 38,276
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (10,651) (18,520) (19,696)
Proceeds from disposal/sale of property, plant and equipment 45 4,455 0
Proceeds from sale of business 0 44,961 0
Net cash provided by (used in) investing activities (10,606) 30,896 (19,696)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under Term Loan due 2030 95,000 0 0
Repayment of Term Loan due 2030 (475) 0 0
Repayment of Prior Term Loan due 2027 (85,000) (56,563) (10,938)
Borrowings under prior revolving credit facility 0 89,000 25,000
Repayment of prior revolving credit facility (50,500) (38,500) (25,000)
Borrowings under ABL revolving credit facility due 2030 30,300 0 0
Repayment of ABL revolving credit facility due 2030 (13,461) 0 0
Borrowings under China credit facility 4,186 0 4,368
Repayment of China credit facility (2,757) 0 (4,368)
Surrender of common stock by employees (238) (318) (1,636)
Debt extinguishment payments and early payment fees on debt 0 (416) 0
Debt issuance and amendment costs (6,127) (218) 0
Other financing activities, net (161) (107) (155)
Net cash provided by (used in) financing activities (29,233) (7,122) (12,729)
EFFECT OF CURRENCY EXCHANGE RATE CHANGES ON CASH 1,848 (1,540) 172
NET (DECREASE) INCREASE IN CASH 6,652 (11,218) 6,023
CASH:      
Beginning of period 26,630 37,848 31,825
End of period $ 33,282 $ 26,630 $ 37,848