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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 earnings $ 22,295 $ 23,645 $ 14,394
Adjustments to reconcile net earnings to net cash provided by operating activities      
Impairment of goodwill and indefinite-lived intangibles 0 2,820 0
Depreciation and amortization 11,795 10,631 10,626
(Gain) loss on disposal of property and equipment 34 (120) (195)
Reclassification of foreign currency translation adjustment related to disposal of subsidiary (827) 0 0
Share-based compensation expense 1,336 1,799 1,499
Inventory write-offs for obsolescence 2,588 1,876 2,065
Deferred income taxes (2,556) 1,011 1,890
Other 358 819 893
Net changes in operating assets and liabilities, net of acquisition:      
Accounts receivable 11,369 (7,757) (10,537)
Inventories (619) (5,095) (4,307)
Prepaid expenses and other current assets (5,087) 588 (3,260)
Trade accounts payable (2,273) (819) 2,009
Other current liabilities (7,481) 5,981 7,652
Net cash provided by operating activities 30,932 35,379 22,729
Investing activities      
Capital expenditures (11,196) (14,521) (6,960)
Proceeds from sale of property and equipment 615 132 541
Purchase of business (40,481) 0 0
Net cash used in investing activities (51,062) (14,389) (6,419)
Financing activities      
Principal payments on long-term debt (4,618) (5,603) (2,628)
Proceeds from revolving facility 22,000 22,000 41,000
Payments on revolving facility 0 (19,000) (41,000)
Distributions to noncontrolling interests (52) (109) (75)
Payments of employee taxes on certain share-based arrangements (854) (801) (303)
Net cash provided by (used in) financing activities 16,476 (3,513) (3,006)
Effect of exchange rate changes on cash and cash equivalents 405 (1,610) 2,536
(Decrease) increase in cash and cash equivalents (3,249) 15,867 15,840
Cash and cash equivalents at beginning of year 90,159 74,292 58,452
Cash and cash equivalents at end of year 86,910 90,159 74,292
Supplemental disclosure of investing transactions:      
Capital expenditures purchased (10,529) (13,239) (10,092)
Supplemental disclosure of non-cash financing transactions:      
Conversion of exchangeable notes to common stock 0 $ (2,794) $ (1,303)
Capital expenditures accrued but not yet paid $ 1,183