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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows From Operating Activities:    
Net income $ 2,504 $ 11,927
Adjustments to reconcile net income to net cash (used in) provided by operating activities    
Depreciation and amortization 5,657 4,431
Deferred income taxes 826 (7,029)
Stock-based compensation expense 1,349 797
Debt issue cost amortization recorded in interest expense 35 35
Other 530 890
Changes in operating assets and liabilities, net of acquisitions:    
Trade receivables (17,648) (9,912)
Inventories (8,713) 56
Prepaid expenses and other assets 1,407 1,862
Accounts payable 2,113 4,994
Accrued liabilities (1,456) (2,484)
Net cash (used in) provided by operating activities (13,396) 5,567
Cash Flows From Investing Activities:    
Purchase of property and equipment (2,478) (3,076)
Acquisitions 185  
Net cash used in investing activities (2,293) (3,076)
Cash Flows From Financing Activities:    
Principal payments of long-term debt and finance lease obligations (3,316)  
Proceeds from issuance of long-term debt 13,674  
Tax withholdings related to net share settlements of restricted stock (137) (256)
Net cash provided by (used in) financing activities 10,221 (256)
Effect of foreign exchange rate changes on cash (76) (641)
Net (decrease) increase in cash and cash equivalents (5,544) 1,594
Cash and cash equivalents at beginning of period 22,463 23,131
Cash and cash equivalents at end of period 16,919 24,725
Supplemental non-cash investing and financing activities:    
Property, plant and equipment purchases in accounts payable or accrued expenses $ 338 $ 793