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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Cash flows from operating activities:          
Net income $ 5,515 $ (901) $ 7,379 $ 4,862  
Adjustment to reconcile net income to net cash (used in) provided by operating activities:          
Depreciation and amortization 2,749 3,459 5,520 6,956  
Unrealized foreign currency loss     258 746  
Net gain on interest rate swaps     (248) (104)  
Earnout payments       (2,050)  
Gain on sale of property and equipment       (9)  
Loss (gain) on divestitures, net of selling costs   73 70 (11,104)  
Debt discount amortization     847 582  
Share-based compensation expense     1,756 1,488  
Bad debt expense 300 500 394 646  
Inventory reserve expense     361 444  
Deferred income tax benefit     (337) (744)  
Changes in operating assets and liabilities, net of divestitures:          
Accounts receivable     (7,046) (6,539)  
Costs and estimated earnings in excess of billings on uncompleted contracts     (2,416) (2,911)  
Inventories     (1,929) (1,629)  
Prepaid expense and other current assets     (3,366) 2,407  
Deferred charges and other assets     (1,703) (219)  
Accounts payable and accrued expenses     (8,291) 12,605  
Billings in excess of costs and estimated earnings on uncompleted contracts     1,854 3,110  
Income taxes payable     (1,656) 1,589  
Other liabilities     (2,744) (291)  
Net cash (used in) provided by operating activities     (11,297) 9,835  
Cash flows from investing activities:          
Acquisitions of property and equipment     (1,201) (591)  
Net cash proceeds from divestitures       30,692  
Proceeds from sale of property and equipment       112  
Net cash (used in) provided by investing activities     (1,201) 30,213  
Cash flows from financing activities:          
Net borrowings (repayments) on revolving credit lines     853 (3,792)  
Repayments of debt     (1,700) (30,756)  
Deferred financing fees paid     1,117    
Proceeds from lease financing transaction       800  
Payments on finance leases and financing liability     (232) (344)  
Proceeds from employee stock purchase plan and exercise of stock options     75 18  
Net cash used in financing activities     (2,121) (34,074)  
Effect of exchange rate changes on cash, cash equivalents and restricted cash     136 (793)  
Net (decrease) increase in cash, cash equivalents and restricted cash     (14,483) 5,181  
Cash, cash equivalents and restricted cash at beginning of period     44,438 30,659 $ 30,659
Cash, cash equivalents and restricted cash at end of period $ 29,955 $ 35,840 29,955 35,840 $ 44,438
Cash paid during the period for:          
Interest     2,300 2,924  
Income taxes     $ 3,582 3,318  
Non-cash transaction:          
Net consideration receivable from divestiture       $ 2,685