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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net income $ 26,259 $ 21,893
Adjustments to reconcile net income to net cash flows from operating activities    
Depreciation, amortization and accretion 15,019 12,664
Amortization of debt related costs 1,031 1,235
Provision for excess and obsolete inventory 1,002 982
Stock-based compensation 3,764 1,869
Gain on sales of assets 0 (6,505)
Loss on extinguishment of debt and debt retirement costs 2,161 1,415
Other 1,404 (254)
Increases (decreases) in cash from operating assets and liabilities    
Accounts receivable (4,609) 1,071
Inventory (6,361) (1,658)
Other current assets 54 (1,032)
Accounts payable (270) 2,684
Accrued expenses and other liabilities 2,237 2,497
Net cash provided by operating activities 41,691 36,861
Investing activities    
Proceeds from sales of assets 1,234 10,541
Capital expenditures (11,589) (4,976)
Other 0 74
Net cash (used in) provided by investing activities (10,355) 5,639
Financing activities    
Payments on long-term debt (285,979) (57,790)
Proceeds from issuance of long-term debt 274,313 0
Proceeds from issuance of common stock 187 41,600
Payments for public offering costs 0 (1,266)
Proceeds from stock option exercises 1,210 61
Payments for minimum statutory tax withholding related to net share settlement of equity awards (2,681) (552)
Deferred financing costs (1,576) (11)
Other (74) 0
Net cash used in financing activities (14,600) (17,958)
Effect of foreign exchange rates on cash and cash equivalents 163 57
Net increase in cash and cash equivalents 16,899 24,599
Cash and cash equivalents, beginning of period 51,178 28,596
Cash and cash equivalents, end of period $ 68,077 $ 53,195