CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows provided by operating activities:
Net income	$ 19,665	$ 2,179
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	6,834	7,037
Amortization of purchased intangible assets	11,334	25,769
Amortization of deferred debt issuance costs	271	267
Amortization of acquisition-related inventory valuation step-up	0	430
Stock-based compensation	6,726	4,649
Deferred income taxes	660	(164)
Other	(433)	90
Change in:
Accounts receivable, net	(17,313)	(22,250)
Inventories	(33,954)	(29,814)
Prepaid expenses and other	6,051	1,161
Accounts payable	10,015	4,955
Contract liabilities	723	12,389
Accrued expenses and other liabilities	7,965	(4,162)
Net cash provided by operating activities	18,544	2,536
Cash flows used in investing activities:
Investment in marketable securities	(2,414)	0
Proceeds from escrow related to acquisition of business	0	640
Acquisition of property, plant and equipment	(5,122)	(6,319)
Net cash used in investing activities	(7,536)	(5,679)
Cash flows used in financing activities:
Repayments on term loan	(10,000)	(7,500)
Payment of debt issuance costs	0	(176)
Distributions to redeemable noncontrolling interest holder	(6,311)	(7,000)
Net proceeds from issuance of common stock to employees and directors	212	0
Treasury stock purchases	(2,171)	(1,094)
Net cash used in financing activities	(18,270)	(15,770)
Effects of exchange rates on cash	842	(78)
Net decrease in cash and cash equivalents	(6,420)	(18,991)
Cash and cash equivalents, beginning of the period	25,144	30,810
Cash and cash equivalents, end of the period	$ 18,724	$ 11,819