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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Net Income $ 10,326 $ 8,810
Adjustments to reconcile net income to net cash flows:    
Depreciation 6,461 5,119
Amortization of intangible assets 2,345 2,119
Amortization of deferred financing costs 149 196
Loss/(Gain) on foreign currency, net (144) 217
Accretion of debt discount, net   968
(Gain)/Loss on disposal / impairment of fixed assets (58) 448
Loss on extinguishment of convertible debt 1,797  
Stock based compensation 1,751 1,163
Amortization of inventory fair value adjustment 2,347  
Changes in assets and liabilities:    
Trade receivables (11,348) (8,087)
Inventories (1,365) 2,929
Accounts payable and accrued liabilities (6,997) (6,832)
Other current assets and liabilities (4,052) (1,311)
Other operating assets and liabilities 1,810 311
Net cash provided by operating activities 3,022 6,050
Cash flows from investing activities    
Purchase of property, plant and equipment (7,333) (5,653)
Net cash used in investing activities (7,333) (5,653)
Cash flows from financing activities    
Payments on 2015 Revolving Credit Facility (13,459) (4,447)
Dividend payments (3,904)  
Borrowing under 2015 Revolving Credit Facility 5,000  
Payments of equipment, working capital notes, mortgages and other debt (267) (1,281)
Cash paid to redeem Convertible Notes (954)  
Proceeds from mortgages and other debt   3,351
Shares surrendered for tax withholding (163) (91)
Purchases of common stock under share repurchase program   (2,159)
Net cash used in financing activities (13,747) (4,627)
Effect of exchange rate changes on cash and cash equivalents 1,877 (1,247)
Net change in cash and cash equivalents (16,181) (5,477)
Cash and cash equivalents at beginning of year 69,118 50,320
Cash and cash equivalents at end of period 52,937 44,843
Cash paid during the period for:    
Interest 1,797 2,354
Income taxes 2,937 $ 1,784
Non-cash Financing and Investing    
Conversion of Convertible Notes to common stock $ 51,851