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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities:      
Net income $ 4,275 $ 10,662 $ 7,610
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation and amortization 19,133 18,918 18,823
Deferred income tax (517) 1,850 (7,593)
Share-based compensation expense 1,390 1,442 1,564
Changes in assets and liabilities:      
Accounts receivable, net (2,977) (7,628) (5,567)
Inventory, net (14,965) (20,373) (27,378)
Accounts payable (1,412) 5,293 14,178
Accrued employment costs (3,490) 3,865 272
Income taxes 84 (246) 77
Other, net (5,930) 2,824 (881)
Net cash (used in) provided by operating activities (4,409) 16,607 1,105
Investing Activities:      
Capital expenditures (17,354) (15,388) (7,996)
Proceeds from sale of property, plant and equipment   10 70
Net cash used in investing activities (17,354) (15,378) (7,926)
Financing Activities:      
Borrowings under revolving credit facility 174,907 368,910 350,314
Payments on revolving credit facility (153,632) (388,728) (338,836)
Proceeds under New Markets Tax Credit financing, net   2,835  
Payments on term loan facility, finance leases, and notes (3,904) (12,364) (5,078)
Payments of financing costs   (1,109)  
Proceeds from public offering, net of cash expenses   32,246  
Proceeds from the exercise of stock options 471 865 553
Net cash provided by financing activities 17,842 2,655 6,953
Net (decrease) increase in cash and restricted cash (3,921) 3,884 132
Cash and restricted cash at beginning of period 4,091 207 75
Cash and restricted cash at end of period 170 4,091 207
Supplemental Disclosure of Cash Flow Information:      
Interest paid 3,670 4,183 4,027
Income taxes paid (refunded), net $ 69 $ 102 $ (85)