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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 4,405 $ (2,171)
Adjustments to reconcile net income (loss) to cash used in operating activities:    
Deferred income taxes (41) (1,233)
Depreciation 2,374 2,505
Amortization 1,217 1,365
Equity in income of nonconsolidated investments 0 (17)
Gain on sales and disposals of property, plant, and equipment (3,574) (14)
Stock-based compensation 1,033  
Loss on asset divestitures 0 2,033
Change in operating assets and liabilities:    
Accounts receivable (4,042) 26,239
Contract assets 5,136 (860)
Inventories (12,371) (15,564)
Other current assets (3,012) (791)
Other noncurrent assets 425 (1,439)
Accounts payable 2,395 4,921
Deferred revenue (1,008) (707)
Accrued payroll and employee benefits (11,599) (6,386)
Other current liabilities (1,807) (2,981)
Other long-term liabilities (1,395) 1,148
Net cash (used in) provided by operating activities (21,864) 6,932
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the sale of property, plant, and equipment 3,501 16
Capital expenditures on property, plant, and equipment (2,292) (699)
Proceeds from business dispositions 0 5,344
Net cash provided by investing activities 1,209 4,661
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of debt (55,835) (55,133)
Proceeds from debt 78,746 43,086
Treasury stock acquisitions (1,613) (309)
Investment of noncontrolling interest 0 334
Net cash provided by (used in) financing activities 21,298 (12,022)
Effect of exchange rate changes on cash and cash equivalents (55) 186
Net increase (decrease) in cash and cash equivalents 588 (243)
Cash and cash equivalents at beginning of period 2,560 2,882
Cash and cash equivalents at end of period 3,148 2,639
Supplemental disclosure of cash flow information:    
Interest paid 992 1,425
Income taxes paid (received) $ 303 $ (1,564)