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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows From Operating Activities:    
Net income $ 3,557 $ 6,902
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 6,281 6,385
Deferred income taxes 49 297
Stock-based compensation expense 920 1,211
Debt issue cost amortization recorded in interest expense 161 156
Other 1,039 411
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables (8,415) (292)
Inventories 6,511 (119)
Prepaid expenses and other assets (1,024) (1,236)
Accounts payable 2,863 (2,022)
Accrued liabilities 1,986 (2,514)
Net cash provided by operating activities 13,928 9,179
Cash Flows From Investing Activities:    
Consideration paid for acquisitions, net of cash acquired   (25,527)
Purchase of property and equipment (1,060) (2,973)
Net cash used in investing activities (1,060) (28,500)
Cash Flows From Financing Activities:    
Proceeds from issuance of long-term debt   76,850
Principal payments of long-term debt and finance lease obligations (2,110) (53,230)
Payment of contingent consideration   (2,450)
Payment of debt issuance costs (17) (1,532)
Tax withholdings related to net share settlements of restricted stock (63) (100)
Net cash (used in) provided by financing activities (2,190) 19,538
Effect of foreign exchange rate changes on cash 973 (604)
Net increase (decrease) in cash and cash equivalents 11,651 (387)
Cash and cash equivalents at beginning of period 36,102 31,901
Cash and cash equivalents at end of period 47,753 31,514
Supplemental disclosure of cash flow information:    
Stock issued for acquisitions   6,250
Stock issued to settle contingent consideration   4,874
Property, plant and equipment purchases in accounts payable or accrued expenses 590 1,037
Debt issuance costs in accounts payable or accrued expenses   431
Cash paid for interest 3,484 2,146
Cash paid for income taxes $ 1,039 $ 846