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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Cash flows from operating activities          
Net income (loss) $ 456 $ (49,571) $ 19,790 $ (41,733)  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities          
Depreciation and amortization of intangible assets and loan fees     35,816 26,564  
Loss on disposition of property, plant, and equipment     7 56  
Stock based compensation expense 2,851 2,238 8,059 8,904  
Goodwill impairment 0 47,264 0 47,264 $ 47,264
Other non-cash activity     672 (7)  
Changes in assets and liabilities, net of business acquisition          
Accounts receivable     (32,562) (11,219)  
Inventories     16,451 (50,847)  
Other assets     2,078 1,924  
Accounts payable     (593) 18,957  
Accrued wages payable     7,649 1,083  
Other accrued expenses     7,362 (1,818)  
Net cash provided by (used in) operating activities     64,729 (872)  
Cash flows from investing activities          
Business acquisition (net of cash acquired)     (27,634) 0  
Purchase of property, plant, and equipment     (6,205) (9,797)  
Net cash used in investing activities     (33,839) (9,797)  
Cash flows from financing activities          
Proceeds from issuance of long-term debt     35,000 44,000  
Principal payments on long-term debt     (40,700) (49,700)  
Repurchase of Class A common stock     0 (3,857)  
Principal payments on finance lease obligations     (1,138) (1,097)  
Tax withholding payments on Restricted Stock Units     (984) (862)  
Exercise of options to purchase Class A common stock     0 115  
Net cash used in financing activities     (7,822) (11,401)  
Net change in cash and cash equivalents     23,068 (22,070)  
Effect of exchange rate changes on cash and cash equivalents     281 (618)  
Cash and cash equivalents, beginning of period     101,265 79,406 79,406
Cash and cash equivalents, end of period $ 124,614 $ 56,718 124,614 56,718 $ 101,265
Supplemental cash flow information          
Interest paid     18,139 18,550  
Property, plant, and equipment acquired through accounts payable     185 376  
Finance lease additions     0 59  
Income taxes paid, net of refunds     $ 376 $ 258