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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Consolidated Statements of Cash Flows      
Net income (loss) $ 8,165,000 $ (15,223,000) $ (4,782,000)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:      
Depreciation and amortization 11,662,000 10,376,000 9,384,000
Deferred income taxes 1,097,000 (873,000) (1,739,000)
Goodwill impairment 0 4,100,000 2,403,000
Mark-to-market of interest rate swap 0 67,000 159,000
Share-based compensation 1,355,000 1,564,000 1,743,000
Loss on foreign currency (237,000) (33,000) (5,000)
Change in operating assets and liabilities, net of effects of acquisition:      
Accounts receivable 4,840,000 13,044,000 (17,945,000)
Inventories 3,322,000 4,083,000 (5,783,000)
Prepaid and other assets (2,018,000) 2,587,000 (528,000)
Accounts payable (3,142,000) (4,849,000) 7,822,000
Accrued and other liabilities 2,910,000 3,420,000 3,122,000
Post retirement benefits liability (264,000) (1,628,000) (389,000)
Net cash (used in) provided by operating activities 28,164,000 16,701,000 (6,528,000)
Cash flows from investing activities:      
Purchase of property, plant and equipment (3,683,000) (7,460,000) (5,801,000)
Purchase of assets of Horizon Plastics 0 0 (63,005,000)
Net cash used in investing activities (3,683,000) (7,460,000) (68,806,000)
Cash flows from financing activities:      
Gross borrowings on revolving loans 56,793,000 194,414,000 133,848,000
Gross repayment on revolving loans (68,381,000) (199,782,000) (116,473,000)
Proceeds from term loan 30,165,000 0 45,000,000
Payment of principal of term loan (38,725,000) (3,375,000) (10,125,000)
Payment of deferred loan costs (2,038,000) (435,000) (763,000)
Payments related to the purchase of treasury stock (20,000) (98,000) (250,000)
Cash dividends paid 0 0 (792,000)
Net cash (used in) provided by financing activities (22,206,000) (9,276,000) 50,445,000
Net change in cash and cash equivalents 2,275,000 (35,000) (24,889,000)
Cash and cash equivalents at beginning of year 1,856,000 1,891,000 26,780,000
Cash and cash equivalents at end of year 4,131,000 1,856,000 1,891,000
Cash paid for:      
Interest (net of amounts capitalized) 3,854,000 3,869,000 2,261,000
Income taxes 570,000 1,284,000 1,033,000
Non Cash:      
Fixed asset purchases in accounts payable $ 147,000 $ 158,000 $ 871,000