XML 18 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows From Operating Activities    
Net income (loss) $ 3,114 $ (3,393)
Income (loss) from discontinued operations, net of income tax (14) (57)
Income (loss) from continuing operations 3,128 (3,336)
Adjustments to reconcile income (loss) from continuing operations to net cash provided by (used for) operating activities    
Depreciation 6,082 6,000
Amortization 2,436 2,499
Accelerated depreciation associated with restructuring activities 618 0
Non-cash stock-based compensation expense 894 1,282
(Gain) loss on fixed asset sales (1,008) 0
Deferred taxes 101 (967)
Excess tax benefit from stock-based compensation 0 106
Accrued interest income on note receivable (322) (301)
Impairment charges 0 8,545
Other 109 214
Payments on performance based compensation (992) (1,699)
Other long-term liabilities (59) 427
Cash flows provided by (used for) working capital    
Accounts receivable (1,799) (6,766)
Inventories (4,403) (4,774)
Prepaid expenses and other assets 2,030 1,143
Accounts payable and accrued expenses 6,234 (13,690)
Net cash provided by (used for) operating activities - continuing operations 13,049 (11,317)
Net cash provided by (used for) operating activities - discontinued operations 0 0
Net cash provided by (used for) operating activities 13,049 (11,317)
Cash Flows From Investing Activities    
Capital expenditures (498) (7,140)
Proceeds from sale of property, plant and equipment 1,117 6
Proceeds (payments) related to sale of business 0 (4,034)
Net cash provided by (used for) investing activities - continuing operations 619 (11,168)
Net cash provided by (used for) investing activities - discontinued operations 0 0
Net cash provided by (used for) investing activities 619 (11,168)
Cash Flows From Financing Activities    
Net borrowing (repayments) on credit facility (9,310) 24,999
Cash dividends paid (4,089) (4,079)
Proceeds from issuance of common stock 247 47
Excess tax benefit from stock-based compensation 0 (106)
Repurchase of common stock 0 0
Shares withheld for employee taxes on equity awards (271) (502)
Deferred financing costs (975) 0
Net cash provided by (used for) financing activities - continuing operations (14,398) 20,359
Net cash provided by (used for) financing activities - discontinued operations 0 0
Net cash provided by (used for) financing activities (14,398) 20,359
Foreign exchange rate effect on cash 167 383
Net increase (decrease) in cash (563) (1,743)
Cash at January 1 7,888 7,344
Cash at March 31 $ 7,325 $ 5,601