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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income (loss) $ (19,448) $ 3,087 $ (66,582)
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation and amortization 36,163 37,855 44,419
(Gain) loss on sale of fixed assets (662) 143 (59)
Equity-based compensation expense 7,751 7,838 10,060
Deferred income taxes 3,146 (648) (9,376)
Non-cash restructuring charges 12,782 13,814 10,080
Goodwill impairment 0 1,389 [1] 45,390
Definite-lived intangible asset impairment 0 2,169 41,032
Impairment of assets held for sale 23,427 0 0
Loss on sale of business 0 7,048 0
Loss on foreign currency transactions 503 623 2,152
Other (744) 1,278 (1,562)
Changes in operating assets and liabilities (net of acquisitions):      
Receivables net, retainage and contract assets 16,416 (6,821) (29,847)
Inventories (3,413) 2,306 (1,926)
Prepaid expenses and other assets 4,578 614 8,732
Accounts payable and accrued expenses (6,711) (7,339) 18,803
Contract liabilities 5,091 (24,144) (5,924)
Other operating (65) 457 (1,798)
Net cash provided by operating activities 78,814 39,669 63,594
Cash flows from investing activities:      
Capital expenditures (28,772) (30,514) (30,830)
Proceeds from sale of fixed assets 1,339 3,036 707
Patent expenditures (293) (299) (379)
Other acquisition activity 0 (9,000) (9,045)
Sale of Bayou, net of cash disposed 0 37,942 0
Net cash provided by (used in) investing activities (27,726) 1,165 (39,547)
Cash flows from financing activities:      
Proceeds from issuance of common stock upon stock option exercises 956 0 823
Repurchase of common stock (30,393) (25,775) (37,849)
Investments from non-controlling interest 0 0 158
Distributions to non-controlling interests (1,609) 0 (71)
Payment of contingent consideration 0 0 (500)
Credit facility amendment fees 0 (1,657) 0
Proceeds from (payments on) notes payable, net (273) 234 639
Proceeds from (payments on) line of credit, net (7,000) (7,000) 2,000
Principal payments on long-term debt (28,438) (26,250) (21,647)
Net cash used in financing activities (66,757) (60,448) (56,447)
Effect of exchange rate changes on cash (2,995) (4,045) 6,553
Net decrease in cash, cash equivalents and restricted cash for the year (18,664) (23,659) (25,847)
Cash, cash equivalents and restricted cash, beginning of year 84,886 108,545 134,392
Cash, cash equivalents and restricted cash, end of year 66,222 84,886 108,545
Cash, cash equivalents and restricted cash, assets held for sale, end of year 0 0 (989)
Cash, cash equivalents and restricted cash, end of year 66,222 84,886 107,556
Supplemental disclosures of cash flow information:      
Interest 14,977 15,622 14,998
Income taxes $ (1,579) $ 4,625 $ 5,649
[1] During 2018, the Company recorded goodwill of $2.7 million and $1.3 million related to the acquisitions of Hebna and P2S, respectively (see Note 1).