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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 5,524 $ 7,092
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 8,168 10,328
Unrealized foreign currency gain (1,497) (414)
Net (gain) loss on interest rate swaps (129) 404
Fair value adjustments to earnout liabilities (1,755) 1,033
Earnout payments (7,797)  
Loss on sale of property and equipment 83 189
Debt discount amortization 504 539
Share-based compensation expense 677 1,149
Bad debt expense 960 294
Inventory reserve expense 316 838
Deferred income taxes (46) (644)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 17,342 14,612
Costs and estimated earnings in excess of billings on uncompleted contracts (1,646) 1,248
Inventories (407) 4,443
Prepaid expense and other current assets 1,808 (3,755)
Deferred charges and other assets 792 1,119
Accounts payable and accrued expenses (8,018) (3,613)
Billings in excess of costs and estimated earnings on uncompleted contracts (11,828) 11,160
Income taxes payable (1,367) (1,081)
Other liabilities (9) (871)
Net cash provided by operating activities 1,675 44,070
Cash flows from investing activities:    
Acquisitions of property and equipment (641) (552)
Proceeds from sale of property and equipment 44 291
Net cash used in investing activities (597) (261)
Cash flows from financing activities:    
Decrease in short-term and long-term restricted cash 424 319
Net repayments on revolving credit lines (1,107) (9,202)
Repayments of debt (7,656) (16,207)
Deferred financing fees paid (171)  
Earnout payments (7,396) (2,341)
Proceeds from sale-leaseback transactions   11,000
Payments on capital lease and sale-leaseback financing liability (375) (33)
Proceeds from employee stock purchase plan, exercise of stock options, and dividend reinvestment plan 1,246 471
Repurchases of common stock   (188)
Dividends paid to common shareholders (5,173) (4,486)
Net cash used in financing activities (20,208) (20,667)
Effect of exchange rate changes on cash and cash equivalents 472 (730)
Net (decrease) increase in cash and cash equivalents (18,658) 22,412
Cash and cash equivalents at beginning of period 45,824 34,194
Cash and cash equivalents at end of period 27,166 56,606
Cash paid during the period for    
Interest 2,842 3,523
Income taxes $ 2,704 1,747
Non-cash transactions    
Property, plant and equipment acquired under capital leases   3,296
Earnout settled through an exchange of accounts receivable   $ 3,190