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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
OPERATING ACTIVITIES              
Net income (loss) $ 5,789 $ 3,067 $ (3,977) $ (28,164) $ 8,856 $ (32,141)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:              
Depreciation and amortization 5,765   6,061   11,723 12,295  
Goodwill and other impairments 0   0   0 20,100 $ 20,100
Amortization of financing costs         876 878  
Mark to market (gain) loss on interest rate derivatives (46)   164   (544) 2,415  
Non-cash lease expense         (768) 2,020  
Provision for doubtful accounts         (146) 2,987  
Stock compensation expense         2,772 2,746  
Undistributed equity in (earnings) losses, net of taxes         (146) 509  
Changes in operating assets and liabilities              
Accounts receivable         49,943 12,661  
Inventory         (14,305) 2,398  
Prepaid expenses, other current assets and other assets         2,931 782  
Accounts payable, accrued expenses and other liabilities         (12,516) 39,430  
Income taxes receivable         (1,750) (871)  
Income taxes payable         (4,795) 0  
NET CASH PROVIDED BY OPERATING ACTIVITIES         42,131 66,209  
INVESTING ACTIVITIES              
Purchases of property and equipment         (2,497) (1,380)  
Acquisition         (178) 0  
NET CASH USED IN INVESTING ACTIVITIES         (2,675) (1,380)  
FINANCING ACTIVITIES              
Proceeds from revolving credit facility         10,845 95,851  
Repayments of revolving credit facility         (38,131) (99,134)  
Repayments of term loan         (10,478) (7,583)  
Payments for finance lease obligations         (43) (50)  
Payments of tax withholding for stock based compensation         (3,185) (486)  
Proceeds from the exercise of stock options         735 0  
Cash dividends paid         (1,957) (937)  
NET CASH USED IN FINANCING ACTIVITIES         (42,214) (12,339)  
Effect of foreign exchange on cash         140 (323)  
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS         (2,618) 52,167  
Cash and cash equivalents at beginning of period   $ 35,963   $ 11,370 35,963 11,370 11,370
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 33,345   $ 63,537   $ 33,345 $ 63,537 $ 35,963