XML 84 R9.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
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) $ 24,333 $ (3,349) $ (9,889)
Income (loss) from discontinued operations, net of income taxes 118 (1,701) (20,733)
Income (loss) from continuing operations 24,215 (1,648) 10,844
Adjustments to reconcile income (loss) from continuing operations to net cash provided by (used for) operating activities      
Depreciation 15,120 17,638 19,952
Amortization 8,463 8,485 8,886
Accelerated depreciation associated with restructuring activities 0 16 1,993
Non-cash stock-based compensation expense 1,715 4,257 3,626
(Gain) loss on disposal of fixed assets 0 (8) (3,482)
Provision for loss on note receivable 0 23,008 0
Lease guarantee contingency 0 10,323 0
Loss on extinguishment of debt 0 0 1,888
Deferred taxes (922) (9,450) (5,663)
Interest income accrued on note receivable 0 (361) (1,384)
Impairment charges 916 308 544
Other 583 457 256
Payments on performance based compensation (413) (1,249) (1,010)
Other long-term liabilities 3,578 180 723
Cash flows provided by (used for) working capital      
Accounts receivable 12,479 4,927 (6,709)
Inventories 2,222 3,151 (1,876)
Prepaid expenses and other current assets (243) (353) 2,209
Accounts payable and accrued expenses (20,687) 713 18,299
Net cash provided by (used for) operating activities - continuing operations 47,026 60,394 49,096
Net cash provided by (used for) operating activities - discontinued operations 7,297 858 (4,633)
Net cash provided by (used for) operating activities 54,323 61,252 44,463
Cash Flows From Investing Activities      
Capital expenditures (10,294) (5,123) (5,814)
Acquisition of business (18,000) 0 0
Proceeds from sale of property, plant and equipment 7,537 2,633 11,058
Net cash provided by (used for) investing activities - continuing operations (20,757) (2,490) 5,244
Net cash provided by (used for) investing activities - discontinued operations 0 0 (1,107)
Net cash provided by (used for) investing activities (20,757) (2,490) 4,137
Cash Flows From Financing Activities      
Net repayments of credit facility 0 (74,557) (16,474)
Repayments of senior unsecured notes 0 0 (23,798)
Cash dividends paid (19,316) (17,862) (16,341)
Proceeds from issuance of common stock 3,336 2,853 4,527
Proceeds from public offering of common stock, net of equity issuance costs 0 79,522 0
Shares withheld for employee taxes on equity awards (1,008) (714) (620)
Deferred financing costs 0 0 (1,030)
Net cash provided by (used for) financing activities - continuing operations (16,988) (10,758) (53,736)
Net cash provided by (used for) financing activities - discontinued operations 0 0 0
Net cash provided by (used for) financing activities (16,988) (10,758) (53,736)
Foreign exchange rate effect on cash 55 (289) (208)
Less: Net increase (decrease) in cash classified within discontinued operations 0 0 (5,484)
Net increase in cash and restricted cash 16,633 47,715 140
Cash and restricted cash at January 1 58,894 11,179 11,039
Cash and restricted cash at December 31 75,527 58,894 11,179
Supplemental Disclosures of Cash Flow Information      
Interest 4,657 6,236 8,913
Income taxes $ 11,437 $ 5,539 $ 5,651