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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities    
Net income (loss) $ 2,249 $ (7,519)
Adjustments:    
Depreciation 2,678 2,446
Amortization of intangibles and other long-term assets 7,265 6,880
Amortization of debt issuance costs 452 835
Stock-based compensation 87 92
Deferred Income Taxes (1,334) 7,939
Non-cash lease expense 151 167
Changes in assets and liabilities:    
Accounts receivable 3,095 (5,916)
Inventories (4,755) (3,893)
Other assets (3,544) (530)
Accounts payable 1,400 1,103
Other liabilities 3,241 1,706
Environmental liabilities (34) (29)
Operating lease liabilities (138) (187)
Net cash provided by operating activities 10,813 3,094
Investing Activities    
Capital expenditures (2,401) (1,910)
Net cash used in investing activities (2,401) (1,910)
Financing Activities    
Payments of long-term debt (1,736) (1,273)
Payments of finance lease liabilities (45) (36)
Net cash used in financing activities (1,781) (1,309)
Effect of translation adjustments on cash and cash equivalents 32 (107)
Net increase (decrease) in cash and cash equivalents 6,663 (232)
Cash and cash equivalents, beginning of period 21,489 35,497
Cash and cash equivalents, end of period 28,152 35,265
Supplemental information    
Interest paid during the period, net of capitalized amounts 17,095 14,775
Income taxes paid (refunds received) during the period, net $ 240 $ (185)