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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities    
Net income $ 9,008 $ 3,337
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation, amortization and accretion 8,123 3,732
Impairment of long-lived assets 0 7,275
Amortization of debt related costs (61) 169
Changes in fair value of contingent assets and liabilities 300 0
Gain on extinguishment of debt (889) 0
Provision for excess and obsolete inventory 1,395 449
Stock-based compensation 3,317 3,075
Gain on sale of assets (15,263) 0
Deferred taxes 4,581 1,467
Long-term income tax receivable (573) (554)
Long-term income tax payable and other long-term liabilities 728 705
Other 655 654
Increases (decreases) in cash from operating assets and liabilities:    
Accounts receivable (2,346) (1,750)
Inventory 3,889 (2,098)
Other current assets (536) 1,149
Accounts payable 4,110 (913)
Accrued expenses and other liabilities (6,620) (7,289)
Net cash provided by operating activities 9,818 9,408
Investing activities    
Capital expenditures (2,520) (2,698)
Proceeds from Sale of Productive Assets 15,823 0
Net cash provided by provided by (used in) investing activities 13,303 (2,698)
Financing activities    
Payments on long-term debt and other borrowings (35,572) (2,551)
Proceeds from stock option exercises 2,043 0
Proceeds from issuance of common stock 337 366
Payments for minimum statutory tax withholding related to net share settlement of equity awards (1,599) (1,547)
Net cash used in financing activities (34,791) (3,732)
Effect of foreign exchange rates on cash, cash equivalents and restricted cash (21) (184)
Net (decrease) increase in cash, cash equivalents and restricted cash (11,691) 2,794
Cash, cash equivalents and restricted cash, beginning of period 82,694 92,919
Cash, cash equivalents and restricted cash, end of period 71,003 95,713
Reconciliation to amounts within the condensed consolidated balance sheets    
Cash, cash equivalents and restricted cash at end of period $ 71,003 $ 95,713