XML 19 R8.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net income $ 4,049 $ 915
Reconciliation of net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion 9,151 8,755
Impairments and other charges 518 0
Gain on investments (257) (2,795)
Equity-based compensation expense 1,860 1,623
Recovery of credit losses (85) (115)
Amortization and expense of financing costs 495 380
Loss on debt extinguishment 0 5,535
Gain on sale of assets (113) (29)
Non-cash cumulative foreign currency translation adjustment loss from dissolution of Canadian subsidiary 9,516 0
Other non-cash credits (128) (553)
Changes in operating assets and liabilities:    
Accounts receivable (15,584) (19,605)
Inventories (2,663) 1,542
Prepaid expenses and other current assets 6,158 (3,918)
Trade accounts payable and accrued expenses (9,277) (5,577)
Other 295 26
Net cash provided by (used in) operating activities 3,935 (13,816)
Investing activities:    
Purchases of property, plant and equipment, net (17,956) (15,827)
Proceeds from sale of investments 19,011 0
Proceeds from sale of property, plant and equipment 182 251
Other investing activities 108 (172)
Net cash provided by (used in) investing activities 1,345 (15,748)
Financing activities:    
Proceeds from credit agreements and long-term debt 96 184,456
Principal payments on credit agreements and long-term debt (96) (163,215)
Payments on financing lease obligations (931) (277)
Debt issuance costs 0 (5,277)
Shares withheld for taxes on equity-based compensation (1,158) (2,339)
Net cash provided by (used in) financing activities (2,089) 13,348
Effect of exchange rate changes on cash 651 (330)
Increase (decrease) in cash and cash equivalents 3,842 (16,546)
Cash, cash equivalents and restricted cash at beginning of period 37,208 52,485
Cash, cash equivalents and restricted cash at end of period 41,050 35,939
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets    
Cash and cash equivalents at end of period 41,000 35,939
Restricted cash at end of period 50 0
Total cash, cash equivalents and restricted cash at end of period shown in the consolidated statements of cash flows $ 41,050 $ 35,939