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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities    
Net income (loss) $ (2,484) $ (149)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 6,095 6,831
Debt issuance costs amortization 98 101
Deferred income taxes (705) (284)
Loss (gain) on sale of assets 23 (1)
Unrealized foreign currency transaction loss (gain) 219 (4)
Changes in operating assets and liabilities:    
Accounts receivable 9,761 6,015
Inventories (9,458) (8,688)
Other assets (2,301) (1,432)
Accounts payable (586) 990
Customer deposits (1,604) 3,494
Accrued expenses (3,338) 2,161
Accrued pension and postretirement liabilities (65) (13)
Net cash (used in) provided by operating activities (4,345) 9,021
Investing activities    
Capital expenditures (1,543) (3,103)
Proceeds from sales of assets 38 38
Net cash used in investing activities (1,505) (3,065)
Financing activities    
Proceeds from short-term notes payable to bank 35,974 24,937
Repayments of short-term notes payable to bank (35,974) (24,937)
Repayments of long-term debt (3,186) (3,245)
Dividends paid (792) (781)
Purchases of treasury stock 0 (201)
Net cash used in financing activities (3,978) (4,227)
Effect of exchange rate changes on cash (3) 513
Net (decrease) increase in cash (9,831) 2,242
Cash and cash equivalents at beginning of period 32,774 16,293
Cash and cash equivalents at end of period $ 22,943 $ 18,535