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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
OPERATING ACTIVITIES      
Net loss $ (26,937) $ (15,165) $ (8,412)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 21,848 22,314 19,571
Goodwill impairment 33,237 0 0
Amortization of financing costs 2,754 2,859 1,968
Gain on disposition of fixed assets (94) 0 0
Mark to market loss on interest rate derivatives 754 466 499
Operating leases, net (2,313) (2,010) (1,889)
Provision for doubtful accounts 1,110 950 2,116
Deferred income taxes (4,005) (2,039) (2,130)
Stock compensation expense 3,301 3,920 3,687
Equity in losses, net of taxes 0 2,092 12,665
Contingent consideration fair value adjustment 0 0 (650)
Gain on extinguishments of debt, net 0 0 (761)
Loss on equity securities 0 14,152 0
Changes in operating assets and liabilities      
Accounts receivable (4,934) (3,206) (14,972)
Inventory 11,245 (14,557) 35,428
Prepaid expenses, other current assets and other assets (779) 5,200 (1,833)
Accounts payable, accrued expenses and other liabilities (25,128) 4,185 10,846
Income taxes receivable (1,572) 0 0
Income taxes payable (879) (592) 298
NET CASH PROVIDED BY OPERATING ACTIVITIES 7,608 18,569 56,431
INVESTING ACTIVITIES      
Purchases of property and equipment (4,354) (2,227) (2,801)
Net proceeds from sale of property 94 0 0
NET CASH USED IN INVESTING ACTIVITIES (4,260) (2,227) (2,801)
FINANCING ACTIVITIES      
Proceeds from revolving credit facility 318,057 268,209 162,391
Repayments of revolving credit facility (308,526) (285,264) (113,530)
Proceeds from Term Loan 0 0 55,991
Repayments of Term Loan (7,500) (7,500) (149,540)
Payment of financing costs 0 0 (9,537)
Payments for finance lease obligations (45) (45) (27)
Payments of tax withholding for stock based compensation (416) (1,081) (537)
Payments for stock repurchase 0 0 (2,539)
Cash dividends paid (3,783) (3,809) (3,734)
NET CASH USED IN FINANCING ACTIVITIES (2,213) (29,490) (61,062)
Effect of foreign exchange on cash 203 (112) 23
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,338 (13,260) (7,409)
Cash and cash equivalents at beginning of year 2,929 16,189 23,598
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 4,267 $ 2,929 $ 16,189