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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Net income (loss) $ 2,539 $ (48,620) $ (16,383)
Adjustments to reconcile net income (loss) to net cash provided by operating activities      
Depreciation and amortization of intangible assets and loan fees 44,498 35,468 39,300
Loss on debt extinguishment 0 0 5,453
Loss (gain) on disposition of property, plant, and equipment 8 438 (1,183)
Stock based compensation expense 9,468 11,363 9,428
Deferred tax adjustment (172) 599 3,487
Impairment and other asset charges 7,680 47,264 0
Other non-cash activity (85) (385) 233
Changes in assets and liabilities, net of business acquisition      
Accounts receivable (24,457) (4,137) (11,197)
Inventories (16,041) (46,297) 1,283
Other assets (4) 1,093 (1,380)
Accounts payable 25,950 58,546 (12,131)
Accrued wages payable 5,342 (1,225) 2,194
Other accrued expenses 7,161 (6,083) 4,663
Net cash provided by operating activities 61,887 48,024 23,767
Cash flows from investing activities      
Proceeds from disposition of property, plant, and equipment 0 0 5,132
Purchase of property, plant, and equipment (9,145) (11,973) (31,270)
Business acquisitions (net of cash acquired) (27,634) 0 0
Net cash used in investing activities (36,779) (11,973) (26,138)
Cash flows from financing activities      
Proceeds from issuance of long-term debt 35,000 59,000 642,568
Principal payments on long-term debt (42,600) (66,600) (597,071)
Stock repurchase 0 (3,857) 0
Tax distributions to LLC Owners (165) 0 (70)
Principal payments on finance lease obligations (1,494) (1,493) (1,926)
Payment of deferred financing fees and debt discount 0 0 (7,656)
Tax withholding payments on Restricted Stock Units (984) (875) (937)
Exercise of options to purchase Class A common stock 54 115 13,426
Net cash (used in) provided by financing activities (10,189) (13,710) 48,334
Net change in cash and cash equivalents 14,919 22,341 45,963
Effect of exchange rate changes on cash and cash equivalents 185 (482) (13)
Cash and cash equivalents, beginning of period 101,265 79,406 33,456
Cash and cash equivalents, end of period 116,369 101,265 79,406
Supplemental cash flow information      
Interest paid, net 27,194 26,404 19,189
Net change in property, plant, and equipment acquired through accounts payable 89 509 735
Finance lease additions 775 59 1,191
Net change of deferred tax asset from step-up in basis 0 0 3,348
Income taxes paid, net of refunds 558 359 418
Net change in accrued tax distribution $ 299 $ 0 $ 7