Quarter Ended September 30,

2019

2020

Cash flows from operating activities

Net income

$

5,951

$

4,083

Adjustments to reconcile net income loss to cash flows from operating activities:

Gain on sales and disposals of property, plant and equipment

(103)

(40)

Gain on sales of lease fleet

(2,717)

(2,899)

Unrealized foreign exchange loss

886

3

Unrealized gain on forward exchange contracts

(331)

(267)

Change in valuation of bifurcated derivatives in Convertible Note

(992)

683

Depreciation and amortization

9,512

9,165

Amortization of deferred financing costs

464

477

Share-based compensation expense

683

524

Deferred income taxes

1,416

816

Changes in operating assets and liabilities (excluding assets and liabilities from acquisitions):

Trade and other receivables, net

1,954

2,513

Inventories

(4,532)

1,134

Prepaid expenses and other

(2,615)

(5,045)

Trade payables, accrued liabilities and unearned revenues

4,169

(604)

Income taxes

(154)

189

Net cash provided by operating activities

$

13,591

$

10,732