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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net Income $ 25,710 $ 18,159
Adjustments to reconcile net income to net cash flows:    
Depreciation 12,930 10,487
Amortization of intangible assets 4,685 4,262
Amortization of deferred financing costs 299 393
Loss/(Gain) on foreign currency, net 132 (100)
Accretion of debt discount, net   1,962
(Gain)/Loss on disposal of fixed assets (74) 411
Loss on extinguishment of convertible debt 1,797  
Stock based compensation 3,153 2,312
Amortization of inventory fair value adjustment 2,347  
Changes in assets and liabilities:    
Trade receivables (12,812) (8,890)
Inventories (1,473) 238
Accounts payable and accrued liabilities (9,212) 1,470
Other current assets and liabilities (1,146) (698)
Other operating assets and liabilities (380) 526
Net cash provided by operating activities 25,956 30,532
Cash flows from investing activities    
Purchase of property, plant and equipment (14,416) (10,861)
Working capital settlement from prior year acquisitions 2,883  
Net cash used in investing activities (11,533) (10,861)
Cash flows from financing activities    
Payments on 2015 Revolving Credit Facility (24,054) (26,507)
Dividend payments (8,300) (3,903)
Borrowing under 2015 Revolving Credit Facility 5,000  
Payments of equipment, working capital notes, mortgages and other debt (505) (2,545)
Cash paid to redeem Convertible Notes (954)  
Proceeds from mortgages and other debt   3,112
Shares surrendered for tax withholding (386) (103)
Purchases of common stock under share repurchase program   (4,391)
Net cash used in financing activities (29,199) (34,337)
Effect of exchange rate changes on cash and cash equivalents 4,639 (1,324)
Net change in cash and cash equivalents (10,137) (15,990)
Cash and cash equivalents at beginning of year 69,118 50,320
Cash and cash equivalents at end of period 58,981 34,330
Cash paid during the period for:    
Interest 3,752 3,584
Income taxes 11,802 $ 5,176
Non-cash Financing and Investing    
Conversion of Convertible Notes to common stock $ 51,851