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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
shares in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows From Operating Activities:    
Net income $ 13,084 $ 7,084
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation and amortization 12,535 12,531
Deferred income taxes (14) 1,222
Stock-based compensation expense 2,811 2,490
Debt issue cost amortization recorded in interest expense 150 71
Other 685 793
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables (11,151) (15,407)
Inventories 832 (22,003)
Prepaid expenses and other assets 287 1,601
Accounts payable 2,822 9,850
Accrued liabilities (4,768) 1,478
Net cash provided by (used in) operating activities 17,273 (290)
Cash Flows From Investing Activities:    
Consideration paid for acquisitions, net of cash acquired (6,250) (44,569)
Purchase of property and equipment (6,118) (6,354)
Net cash used in investing activities (12,368) (50,923)
Cash Flows From Financing Activities:    
Proceeds from issuance of long-term debt 4,000 64,203
Principal payments of long-term debt and finance lease obligations (12,567) (3,406)
Dividends paid to stockholders (872) (776)
Tax withholdings related to net share settlements of restricted stock (1,653) (1,240)
Net cash (used in) provided by financing activities (11,092) 58,781
Effect of foreign exchange rate changes on cash (307) (1,185)
Net (decrease) increase in cash and cash equivalents (6,494) 6,383
Cash and cash equivalents at beginning of period 30,614 22,463
Cash and cash equivalents at end of period $ 24,120 $ 28,846
Supplemental disclosure of cash flow information:    
Stock issued for acquisition 6,250 11,103
Property, plant and equipment purchases in accounts payable or accrued expenses $ 660 $ 1,444