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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows From Operating Activities    
Net income $ 6,805 $ 3,503
Adjustments to reconcile net income to net cash provided by (used for) operating activities    
Depreciation and amortization 9,895 8,497
Amortization of deferred financing costs 540 231
Amortization of acquisition-related inventory step-up 0 3,115
Non-cash stock-based compensation expense 1,101 682
(Gain) loss on disposal of fixed assets 403 (67)
Other (759) (6)
Cash flows provided by (used for) working capital    
Accounts receivable - trade and other, net (20,557) 7,964
Inventories (6,769) 186
Prepaid expenses and other current assets 515 885
Accounts payable and accrued expenses 18,957 (4,720)
Net cash provided by (used for) operating activities 10,131 20,270
Cash Flows From Investing Activities    
Capital expenditures (8,083) (5,707)
Acquisition of business, net of cash acquired 0 (348,890)
Proceeds from sale of property, plant and equipment 76 75
Net cash provided by (used for) investing activities (8,007) (354,522)
Cash Flows From Financing Activities    
Net borrowings (repayments) on revolving credit facility 13,000 (11,000)
Proceeds from Term Loan A 0 400,000
Repayments of Term Loan A (5,000) 0
Repayments of senior unsecured notes 0 (38,000)
Payments on finance lease (154) (143)
Cash dividends paid (5,317) (5,345)
Proceeds from issuance of common stock 295 2,408
Shares withheld for employee taxes on equity awards (828) (1,874)
Repurchase of common stock (1,008) 0
Deferred financing fees 0 (9,172)
Net cash provided by (used for) financing activities 988 336,874
Foreign exchange rate effect on cash (32) (182)
Net increase (decrease) in cash 3,080 2,440
Cash at January 1 32,222 30,290
Cash at March 31 $ 35,302 $ 32,730