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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ 7,322 $ (5,231)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations:    
Impairments and other non-cash charges 2,816 7,905
Depreciation and amortization 15,803 20,563
Stock-based compensation expense 3,298 3,198
Provision for deferred income taxes (916) (6,918)
Credit loss expense 464 447
Gain on sale of assets (1,649) (2,001)
Amortization of original issue discount and debt issuance costs 274 587
Change in assets and liabilities:    
(Increase) decrease in receivables 39,324 (5,350)
Increase in inventories (3,440) (38,660)
Increase in other assets (3,187) (5,196)
Increase (decrease) in accounts payable (14,453) 12,208
Decrease in accrued liabilities and other (8,808) (4,563)
Net cash provided by (used in) operating activities 36,848 (23,011)
Cash flows from investing activities:    
Capital expenditures (15,347) (9,515)
Proceeds from divestitures 18,086 0
Proceeds from sale of property, plant and equipment 2,304 1,943
Net cash used in investing activities 5,043 (7,572)
Cash flows from financing activities:    
Borrowings on lines of credit 149,253 156,420
Payments on lines of credit (167,435) (129,914)
Proceeds from term loan 0 3,754
Debt issuance costs 0 (997)
Purchases of treasury stock (21,966) (2,537)
Other financing activities (2,864) 296
Net cash provided by (used in) financing activities (43,012) 27,022
Effect of exchange rate changes on cash 332 (1,412)
Net decrease in cash, cash equivalents, and restricted cash (789) (4,973)
Cash, cash equivalents, and restricted cash at beginning of period 25,061 29,489
Cash, cash equivalents, and restricted cash at end of period $ 24,272 $ 24,516