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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Net income (loss) $ 3,744 $ (6,756)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation expense 12,992 11,437
Amortization of intangible assets 3,821 5,245
Amortization of debt issuance costs 421 915
Amortization of favorable and unfavorable leases (314) (9)
Deferred income taxes 760 (5,521)
Non-cash stock compensation expense 1,231 1,889
Loss on sale of property, equipment and real estate 107 18
Impairment of assets 0 11,883
Amortization of inventory step-up charges 0 2,884
Amortization of original issue discount 0 62
Gain on insurance proceeds 0 (1,003)
Change in assets and liabilities    
Accounts receivable, net of allowances (29,086) (25,920)
Inventories, net (22,030) (13,042)
Accounts payable 30,868 43,425
Other assets and liabilities (6,420) (11,878)
Net cash (used in) provided by operating activities (3,906) 13,629
Cash flows from investing activities    
Purchases of property, equipment and real estate (10,662) (5,471)
Purchases of businesses (6,693) 0
Proceeds from sale of property, equipment and real estate 866 217
Insurance proceeds 0 1,003
Net cash used in investing activities (16,489) (4,251)
Cash flows from financing activities    
Proceeds from revolving line of credit 175,058 364,270
Repayments of proceeds from revolving line of credit (155,313) (364,978)
Principal payments on other notes (2,557) (2,043)
Payments on capital leases obligations (2,667) (1,933)
Other financing activities, net 1,735 (1,419)
Net cash provided by (used in) financing activities 16,256 (6,103)
Net (decrease) increase in cash and cash equivalents (4,139) 3,275
Cash and cash equivalents    
Beginning of period 8,917 1,089
End of period 4,778 4,364
Non-cash investing and financing transactions    
Assets acquired under capital lease obligations $ 1,765 $ 2,707