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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows provided by operating activities:    
Net (loss) income $ (485) $ 39,329
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 7,167 6,178
Amortization of purchased intangible assets 1,076 1,189
Amortization of deferred debt issuance costs 154 130
Stock-based compensation 4,154 3,908
Deferred income taxes (839) 1,660
Loss on disposal of property, plant and equipment 113 343
Restructuring expenses, net and asset impairments 3,305 6,300
Change in:    
Accounts receivable, net 26,890 (12,505)
Inventories (2,228) (8,357)
Prepaid expenses and other (2,855) (923)
Accounts payable (10,563) 2,475
Contract liabilities 2,376 1,456
Accrued anti-dumping duties and penalties 0 (8,000)
Accrued expenses and other liabilities (6,911) 1,913
Net cash provided by operating activities 21,354 35,096
Cash flows used in investing activities:    
Acquisition of property, plant and equipment (9,682) (22,377)
Proceeds on sale of property, plant and equipment 20 1,258
Net cash used in investing activities (9,662) (21,119)
Cash flows used in financing activities:    
Repayments on bank lines of credit, net 0 (10,999)
Repayments on capital expenditure facility (2,344) (2,344)
Payment of dividends (3,749) (896)
Payment of debt issuance costs (88) 0
Net proceeds from issuance of common stock to employees and directors 266 358
Treasury stock purchases (1,123) (1,079)
Net cash used in financing activities (7,038) (14,960)
Effects of exchanges rates on cash (403) (209)
Net increase (decrease) in cash and cash equivalents 4,251 (1,192)
Cash and cash equivalents, beginning of the period 20,353 13,375
Cash and cash equivalents, end of the period $ 24,604 $ 12,183