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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows (used in) provided by operating activities:      
Net (loss) income $ (1,010) $ (1,412) $ 34,041
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:      
Depreciation 11,303 9,632 8,316
Amortization of purchased intangible assets 1,391 1,449 1,544
Amortization and write-off of deferred debt issuance costs 248 207 178
Stock-based compensation 6,574 5,675 5,204
Deferred income taxes (1,846) (2,313) 4,289
(Gain) loss on disposal of property, plant and equipment (204) 247 530
Restructuring expenses, net and asset impairments 127 3,387 19,503
Change in:      
Accounts receivable, net (9,769) 30,227 (1,221)
Inventories (12,440) 2,992 (2,671)
Prepaid expenses and other (19,413) 675 (5,724)
Accounts payable 13,584 (14,772) 10,145
Contract liabilities 1,613 1,985 1,603
Accrued anti-dumping duties and penalties 0 0 (8,000)
Accrued expenses and other liabilities (2,970) (7,617) (3,143)
Net cash (used in) provided by operating activities (12,812) 30,362 64,594
Cash flows used in investing activities:      
Acquisition of business, net of cash acquired (261,000) 0 0
Investment in marketable securities (123,984) (25,740) 0
Proceeds from maturities of marketable securities 4,799 0 0
Proceeds from sales of marketable securities 144,921 0 0
Acquisition of property, plant and equipment (8,659) (13,853) (27,210)
Promissory note to redeemable noncontrolling interest holder (24,902) 0 0
Proceeds on sale of property, plant and equipment 1,019 36 1,263
Net cash used in investing activities (267,806) (39,557) (25,947)
Cash flows provided by (used in) financing activities:      
Payments on revolving loans, net 0 0 (17,129)
Payments on capital expenditure facility (11,750) (3,125) (10,125)
Borrowings on term loan 150,000 0 0
Payment of dividends 0 (3,749) (2,762)
Payment of deferred debt issuance costs (2,337) (90) 0
Net proceeds from issuance of common stock to employees and directors 434 431 557
Treasury stock purchases (2,485) (1,890) (1,103)
Net cash provided by (used in) financing activities 282,585 17,317 (30,562)
Effects of exchange rates on cash 656 (288) (1,107)
Net increase in cash and cash equivalents 2,623 7,834 6,978
Cash and cash equivalents, beginning of the period 28,187 20,353 13,375
Cash and cash equivalents, end of the period 30,810 28,187 20,353
Supplemental disclosures of noncash investing and financing activities:      
Non-cash consideration for acquisition of business, net of cash acquired 21,716 0 0
Non-cash lease liabilities arising from obtaining right-of-use assets  0 0 8,821
Cash paid during the period for -      
Interest 51 402 1,445
Income taxes, net 7,533 497 20,995
Equity Offering      
Cash flows provided by (used in) financing activities:      
Net proceeds from issuance of common stock through at-the-market offering program 123,461 0 0
ATM Offering      
Cash flows provided by (used in) financing activities:      
Net proceeds from issuance of common stock through at-the-market offering program $ 25,262 $ 25,740 $ 0