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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities:    
Net income $ 8,130 $ 1,189
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 3,349 4,413
Stock-based compensation 385 (702)
Gain on Sale of Property (5,422) 0
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (4,886) (3,562)
Inventories 346 1,961
Prepaid expenses and other assets (113) 846
Accounts payable and other liabilities (6,500) (2,155)
Other 232 222
Net cash used in operating activities (4,479) 2,212
Investing activities:    
Purchases of property, plant and equipment (500) (1,585)
Proceeds from Sale of Property, Plant, and Equipment 6,177 0
Business acquisitions 0 (2,576)
Net cash provided by (used in) investing activities 5,677 (4,161)
Financing activities:    
Net (payments on) borrowings from revolving line of credit (841) (750)
Repurchase treasury shares (20) (18)
Net cash (used in) provided by financing activities (861) (768)
Effect of exchange rate changes on cash and cash equivalents 365 818
Increase (decrease) in cash and cash equivalents 702 (1,899)
Cash and cash equivalents at beginning of period 10,421 10,765
Cash and cash equivalents at end of period $ 11,123 $ 8,866