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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 4,880,000 $ 110,158,000  
Income from discontinued operations, net of income tax 0 1,427,000  
Gain on sale of discontinued operations 0 121,659,000  
Income (loss) from continuing operations 4,880,000 (12,928,000)  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation expense 8,301,000 7,996,000  
Amortization expense 13,505,000 13,590,000  
Amortization of debt issuance costs and original issue discount 525,000 1,079,000  
Unrealized loss on interest rate swap 0 1,099,000  
Noncontrolling stockholder stock based compensation 2,055,000 1,728,000  
Provision for loss on receivables 883,000 791,000  
Deferred taxes (2,692,000) (2,031,000)  
Other (515,000) 256,000  
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable 6,695,000 (801,000)  
Inventories 11,773,000 (6,624,000)  
Other current and non-current assets (999,000) (1,370,000)  
Accounts payable and accrued expenses (10,425,000) (10,145,000)  
Cash provided by (used in) operating activities - continuing operations 33,986,000 (7,360,000)  
Cash used in operating activities - discontinued operations 0 (1,576,000)  
Cash provided by (used in) operating activities 33,986,000 (8,936,000)  
Cash flows from investing activities:      
Purchases of property and equipment (6,603,000) (5,426,000)  
Payment of interest rate swap 0 (94,000)  
Proceeds from sale of businesses 0 124,210,000  
Other investing activities (43,000) 1,802,000  
Cash (used in) provided by investing activities - continuing operations (6,646,000) 120,492,000  
Cash provided by investing activities - discontinued operations 0 48,452,000  
Cash (used in) provided by investing activities (6,646,000) 168,944,000  
Cash flows from financing activities:      
Borrowings under credit facility 200,000,000 49,000,000  
Repayments under credit facility 0 (193,250,000)  
Distributions paid - common shares (21,564,000) (21,564,000)  
Distributions paid - preferred shares (5,542,000) (3,781,000)  
Distributions paid - allocation interests (9,087,000) 0  
Net proceeds provided by noncontrolling shareholders 73,000 0  
Purchase of noncontrolling interest (83,000) (39,000)  
Other 588,000 (2,814,000)  
Net cash provided (used in) by financing activities 164,385,000 (172,448,000)  
Foreign currency impact on cash (1,026,000) (1,049,000)  
Net increase (decrease) in cash and cash equivalents 190,699,000 (13,489,000)  
Cash and cash equivalents — beginning of period (1) [1] 100,314,000 53,326,000 $ 53,326,000
Cash and cash equivalents — end of period $ 291,013,000 $ 39,837,000 100,314,000 [1]
Disposal Group, Including Discontinued Operation, Cash     $ 4,600,000
[1]
(1) Includes cash from discontinued operations of $4.6 million at January 1, 2019.