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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, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Cash flows from operating activities:              
Net income $ 3,258 $ 3,412 $ 5,515 $ 1,864 $ 6,670 $ 7,379  
Adjustment to reconcile net income to net cash provided by (used in) operating activities:              
Depreciation and amortization 2,452   2,749   4,648 5,520  
Unrealized foreign currency loss         (52) 258  
Net gain on interest rate swaps           (248)  
Loss on divestitures, net of selling costs           70  
Debt discount amortization         208 847  
Share-based compensation expense         751 1,756  
Bad debt expense 400   300   457 394  
Inventory reserve expense         269 361  
Deferred income tax benefit           (337)  
Changes in operating assets and liabilities, net of divestitures:              
Accounts receivable         8,623 (7,046)  
Costs and estimated earnings in excess of billings on uncompleted contracts         (3,446) (2,416)  
Inventories         1,694 (1,929)  
Prepaid expense and other current assets         (1,068) (3,366)  
Deferred charges and other assets         (1,553) (1,703)  
Accounts payable and accrued expenses         (5,229) (8,291)  
Billings in excess of costs and estimated earnings on uncompleted contracts         (10,057) 1,854  
Income taxes payable           (1,656)  
Other liabilities         193 (2,744)  
Net cash provided by (used in) operating activities         2,108 (11,297)  
Cash flows from investing activities:              
Acquisitions of property and equipment         (1,992) (1,201)  
Net cash paid for acquisition         (6,124)    
Net cash used in by investing activities         (8,116) (1,201)  
Cash flows from financing activities:              
Borrowings on revolving credit lines         72,500 36,300  
Repayments on revolving credit lines         (59,000) (35,447)  
Repayments of long-term debt         (1,250) (1,700)  
Deferred financing fees paid           (1,117)  
Payments on finance leases and financing liability         (203) (232)  
Proceeds from employee stock purchase plan and exercise of stock options           75  
Net cash provided by (used in) financing activities         12,047 (2,121)  
Effect of exchange rate changes on cash, cash equivalents and restricted cash         141 136  
Net increase (decrease) in cash, cash equivalents and restricted cash         6,180 (14,483)  
Cash, cash equivalents and restricted cash at beginning of period   $ 36,958   $ 44,438 36,958 44,438 $ 44,438
Cash, cash equivalents and restricted cash at end of period $ 43,138   $ 29,955   43,138 29,955 $ 36,958
Cash paid (received) during the period for:              
Interest         1,850 2,300  
Income taxes         $ (658) $ 3,582