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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities    
Net income $ 896 $ 2,305
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,049 4,350
Debt issuance costs amortization 23 34
Provision for deferred income taxes 207 (20)
Gain on sale of assets (92) (11)
Gain on sale of Forkardt Switzerland (218) 0
Unrealized intercompany foreign currency transaction loss 318 67
Changes in operating assets and liabilities, net of business acquired:    
Accounts receivable 1,945 1,263
Inventories (4,672) 311
Other assets 728 (49)
Accounts payable 3,548 (1,174)
Customer deposits (2,853) 3,901
Accrued expenses (4,619) (8,771)
Accrued pension and postretirement liabilities 93 (197)
Net cash provided by operating activities 353 2,009
Investing activities    
Acquisition of business, net of cash acquired (3,533) (34,250)
Capital expenditures (1,124) (1,627)
Proceeds from disposal of business 218 0
Proceeds on sales of assets 122 102
Net cash used in investing activities (4,317) (35,775)
Financing activities    
Payment of contingent consideration (6,000) 0
Proceeds from short-term notes payable to bank 6,204 32,458
Repayments of short-term notes payable to bank (6,204) (26,674)
Proceeds from long-term debt 0 23,000
Repayments of long-term debt (7,585) (1,432)
Dividends paid (503) (467)
Net proceeds from sale of common stock 5,678 0
Other financing activities 0 (667)
Net cash (used in) provided by financing activities (8,410) 26,218
Effect of exchange rate changes on cash (58) (591)
Net decrease in cash (12,432) (8,139)
Cash and cash equivalents at beginning of period 34,722 26,855
Cash and cash equivalents at end of period $ 22,290 $ 18,716