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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net earnings (loss) $ 1,131 $ (1,303)
Adjustments to reconcile net earnings (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 4,110 4,776
Stock-based compensation 813 779
Amortization of deferred financing costs 115 120
Deferred income taxes (756) (505)
Net unrealized losses on foreign currency revaluation 573 1,002
Other, net 950 518
Changes in operating assets and liabilities:    
Accounts receivable (2,285) 2,528
Unbilled receivables 5,569 893
Inventories (4,239) (4,734)
Account payable (8,493) (777)
Accrued expenses (5,044) (3,616)
Other operating assets/liabilities, net 1,299 645
Net cash (used in) provided by operating activities (6,257) 326
Cash flows from investing activities:    
Purchases of property, plant and equipment (2,437) (2,216)
Proceeds from disposal/sale of property, plant and equipment 2 48
Net cash used in investing activities (2,435) (2,168)
Cash flows from financing activities:    
Dividends paid to common stockholders (800) (791)
Borrowings under revolving credit line 10,000 0
Repayments of revolving credit line (10,000) 0
Repayments of long-term debt (744) (781)
Net cash used in financing activities (1,544) (1,572)
Effect of exchange rate changes on cash and cash equivalents (484) 912
Net decrease in cash and cash equivalents (10,720) (2,502)
Cash and cash equivalents - beginning of period 53,911 69,354
Cash and cash equivalents - end of period 43,191 66,852
Cash paid during the period for:    
Income taxes, net of refunds received 926 1,040
Interest payment $ 1,216 $ 1,079