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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Net income (loss) $ 6,349 $ 141 $ (5,789) $ 5,863  
Adjustments to reconcile to net cash provided by operating activities:          
Depreciation and amortization     26,530 27,692  
Gain on sale of fixed assets     (527) (423)  
Equity-based compensation expense     5,981 6,201  
Deferred income taxes     883 647  
Non-cash restructuring charges     6,419 5,891  
Goodwill impairment 0 1,389 0 1,389  
Definite-lived intangible asset impairment 0 870 0 870  
Impairment of assets held for sale 0 0 11,946 0  
Loss on sale of businesses     0 8,729  
Loss on foreign currency transactions     370 1,231  
Other     (39) (119)  
Changes in operating assets and liabilities (net of acquisitions):          
Receivables net, retainage and contract assets     (1,488) (19,247)  
Inventories     (3,170) (3,188)  
Prepaid expenses and other assets     2,225 678  
Accounts payable and accrued expenses     (8,476) (256)  
Contract liabilities     (1,435) (21,537)  
Other operating     (1,779) (396)  
Net cash provided by operating activities     31,651 14,025  
Cash flows from investing activities:          
Capital expenditures     (21,392) (22,230)  
Proceeds from sale of fixed assets     1,270 955  
Patent expenditures     (292) (197)  
Other acquisition activity     0 (9,000)  
Sale of Bayou, net of cash disposed     0 37,942  
Net cash provided by (used in) investing activities     (20,414) 7,470  
Cash flows from financing activities:          
Proceeds from issuance of common stock upon stock option exercises     956 0  
Repurchase of common stock     (28,143) (18,622)  
Distributions to non-controlling interests     (1,409) 0  
Credit facility amendment fees     0 (1,093)  
Payments on notes payable, net     (273) (26)  
Proceeds from line of credit, net     8,000 (19,000)  
Principal payments on long-term debt     (19,688) (19,688)  
Net cash used in financing activities     (40,557) (58,429)  
Effect of exchange rate changes on cash     (970) (2,366)  
Net decrease in cash, cash equivalents and restricted cash for the period     (30,290) (39,300)  
Cash, cash equivalents and restricted cash, beginning of year     84,886 108,545 $ 108,545
Cash, cash equivalents and restricted cash, end of period $ 54,596 $ 69,245 $ 54,596 $ 69,245 $ 84,886