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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 1,864 $ 5,763  
Adjustment to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation and amortization 2,771 3,497  
Unrealized foreign currency loss (gain) 561 (199)  
Net gain on interest rate swaps (44) (53)  
Earnout payments   (247)  
Gain on sale of property and equipment   (9)  
Loss (gain) on divestitures, net of selling costs 70 (11,177)  
Debt discount amortization 269 291  
Share-based compensation expense 798 626  
Bad debt expense 137 146  
Inventory reserve expense 217 296  
Deferred income tax benefit   (1,215)  
Changes in operating assets and liabilities, net of divestitures:      
Accounts receivable (19,627) (412)  
Costs and estimated earnings in excess of billings on uncompleted contracts (1,607) (2,662)  
Inventories 821 (739)  
Prepaid expense and other current assets 1,187 1,494  
Deferred charges and other assets 41 258  
Accounts payable and accrued expenses (3,938) 6,989  
Billings in excess of costs and estimated earnings on uncompleted contracts 3,443 (2,227)  
Income taxes payable (719) 3,043  
Other liabilities 15 (215)  
Net cash (used in) provided by operating activities (13,741) 3,248  
Cash flows from investing activities:      
Acquisitions of property and equipment (423) (466)  
Net cash proceeds from divestitures   30,692  
Proceeds from sale of property and equipment   112  
Net cash (used in) provided by investing activities (423) 30,338  
Cash flows from financing activities:      
Net repayments on revolving credit lines   (2,336)  
Repayments of debt (1,700) (28,156)  
Payments on finance leases and financing liability (116) (171)  
Proceeds from employee stock purchase plan, exercise of stock options, and dividend reinvestment plan   64  
Net cash used in financing activities (1,816) (30,599)  
Effect of exchange rate changes on cash, cash equivalents and restricted cash 447 376  
Net (decrease) increase in cash, cash equivalents and restricted cash (15,533) 3,363  
Cash, cash equivalents and restricted cash at beginning of period 44,438 30,659 $ 30,659
Cash, cash equivalents and restricted cash at end of period 28,905 34,022 $ 44,438
Cash paid during the period for:      
Interest 1,514 1,456  
Income taxes $ 237 594  
Non-cash transaction:      
Net consideration receivable from divestiture   $ 1,979