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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net income (loss) $ 2,550 $ 8,636 $ (222)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Impairment charge 120 60
Depreciation and amortization 2,502 2,178 2,772
Amortization of unearned stock compensation 1,471 1,298 1,176
Non-cash lease expense 5,887
Provision for doubtful accounts 119 73 68
Provision for refund liability 84 37 180
Provision for inventory obsolescence 515 615 34
Deferred income taxes 431 (1,344) 1,314
Other non-cash items 54 25 42
Changes in operating assets and liabilities:      
Accounts receivable 2,625 (2,507) (12,719)
Inventories (20,259) (6,825) (7,942)
Income taxes (918) 14 1,499
Prepaid expenses (265) 1,201 (1,368)
Lease payments (6,194)
Book overdraft (3,028) (153)
Trade accounts payable 2,605 2,804 38
Accrued and other current liabilities 2,394 2,460 3,571
Other operating activities 673 (359) 368
Net cash (used in) provided by operating activities (5,606) 5,338 (11,342)
Investing activities      
Purchase of property and equipment (2,379) (1,503) (1,769)
Proceeds from disposals of property and equipment 5 20 8
Cash refunded (paid) for acquisition 193
Net cash used in investing activities (2,374) (1,483) (1,568)
Financing activities      
Borrowings on revolver 364,671 367,513 333,301
Payments on revolver (352,487) (369,752) (320,133)
Payment of dividends (36) (48) (81)
Purchase of treasury stock/stock surrendered on vested awards (1,172) (175) (177)
Lease payments (293)
Net cash (used in) provided by financing activities 10,683 (2,462) 12,910
Net change in cash 2,703 1,393
Cash at beginning of year 1,393
Cash at end of year 4,096 1,393
Supplemental disclosures      
Cash paid during the year for interest 3,011 2,811 1,961
Cash paid during the year for income taxes $ 1,762 $ 3,696 $ 64