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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2021
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Dec. 31, 2021
Dec. 31, 2020
Mar. 31, 2021
Cash flows from operating activities:              
(Loss) income from continuing operations $ (13,455)   $ 29,252   $ (4,006) $ 58,235  
Loss from discontinued operations (44)   (316)   (211) (571)  
Net (loss) income (13,499) $ 13,884 28,936 $ (5,110) (4,217) 57,664  
Adjustments to reconcile net (loss) income to cash (used in) provided by operating activities:              
Depreciation and amortization         5,987 6,638  
Benefit for allowance for doubtful accounts         (468) (42)  
Inventory lower of cost or net realizable value         291 1,409  
Stock-based compensation expense         4,611 3,170  
Deferred income taxes, net of valuation allowances         (2,938) (8,037)  
Other         610 (1,160)  
Loss on asset dispositions         0 709  
Loss on disposal group         0 20,668  
Loss on other investment in non-controlled affiliates impairment         0 2,500  
Changes in operating assets and liabilities:              
Trade receivables         (4,298) (61,830)  
Inventories         (59,258) (28,529)  
Prepaids and other assets         10,059 (8,616)  
Income taxes receivable         (13,774) 6,128  
Trade payables         (36,366) 62,090  
Accrued liabilities and other liabilities, including warranty obligations         8,178 12,573  
Net cash (used in) provided by operating activities         (91,583) 65,335  
Cash flows from investing activities:              
Proceeds from sales and maturities of available-for-sale securities         73,448 0  
Acquisition of business, net of cash acquired         (26,012) 0  
Purchases of property, plant and equipment         (9,136) (8,033)  
Purchases of available-for-sale securities         0 (36,199)  
Proceeds from the sale of disposal group         0 21,410  
Net cash provided by (used in) investing activities         38,300 (22,822)  
Cash flows from financing activities:              
Proceeds from long-term debt         63,652 1,616  
Payments on long-term debt         (22,477) (14,815)  
Payment of debt issuance costs         (577) (19)  
Payments on finance lease liabilities         (30) 0 $ 0
Proceeds from employee stock purchases         486 256  
Proceeds from exercise of stock options         472 50  
Tax payments related to stock award issuances         (2,866) (2,196)  
Net cash provided by (used in) financing activities         38,660 (15,108)  
Effect of exchange rate changes         (1,529) 4,059  
Net (decrease) increase in cash, cash equivalents and restricted cash         (16,152) 31,464  
Cash, cash equivalents and restricted cash:              
Cash, cash equivalents and restricted cash at beginning of period   $ 39,780   $ 26,456 39,780 26,456 26,456
Cash, cash equivalents and restricted cash at end of period 23,628   57,920   23,628 57,920 39,780
Supplemental disclosure of cash flow information:              
Cash paid for interest         639 651  
Cash paid for income taxes, net         19,857 17,257  
Supplemental disclosure of non-cash investing activities:              
Capital expenditures incurred but not yet paid         333 908  
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Condensed Consolidated Balance Sheets to the total of the same amounts shown above:              
Cash and cash equivalents 18,402   56,581   18,402 56,581 38,441
Restricted cash 1,339   1,339   1,339 1,339 1,339
Other assets - restricted, non-current 3,887   0   3,887 0  
Total cash, cash equivalents and restricted cash $ 23,628   $ 57,920   $ 23,628 $ 57,920 $ 39,780