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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities    
Net loss $ (2,048) $ (1,245)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Impairment 1,401 0
Depreciation and amortization 2,157 2,017
Debt issuance costs amortization 32 32
Deferred income taxes 143 (255)
Gain on sale of assets (2) (13)
Unrealized foreign currency transaction gain (387) (225)
Changes in operating assets and liabilities:    
Accounts receivable 9,786 7,613
Restricted Cash 193 0
Inventories (8,208) (4,851)
Other assets (3,287) (595)
Accounts payable 1,056 (514)
Customer deposits 2,887 (2,170)
Accrued expenses (4,823) (5,177)
Accrued pension and postretirement liabilities (14) (20)
Net cash used in operating activities (1,114) (5,403)
Investing activities    
Capital expenditures (480) (436)
Proceeds from sales of assets 3 32
Net cash used in investing activities (477) (404)
Financing activities    
Proceeds from short-term notes payable to bank 7,535 18,172
Repayments of short-term notes payable to bank (7,463) (14,995)
Repayments of long-term debt (762) (1,010)
Dividends paid (258) (274)
Net cash (used in) provided by financing activities (948) 1,893
Effect of exchange rate changes on cash 1,009 425
Net decrease in cash (1,530) (3,489)
Cash and cash equivalents at beginning of period 28,255 32,774
Cash and cash equivalents at end of period $ 26,725 $ 29,285