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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net (loss) earnings $ (2,391) $ 16,684
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:    
Impairment of goodwill 8,891
Depreciation and amortization 12,265 13,738
Stock-based compensation 2,268 2,046
Amortization of deferred financing costs 349 413
Deferred income taxes (1,765) 1,740
Net unrealized gains on foreign currency revaluation (478) (2,396)
Gain on sale of property (4,257)
Other, net 1,172 963
Changes in operating assets and liabilities:    
Accounts receivable, net 12,395 (18,985)
Unbilled receivables 931 (2,017)
Inventories 8,383 (18,844)
Account payable (16,249) 15,545
Accrued expenses (874) 1,969
Other operating assets/liabilities, net (1,712) (6,687)
Net cash provided by operating activities 18,928 4,169
Cash flows from investing activities:    
Purchases of property, plant and equipment (8,188) (8,770)
Proceeds from sale of marketable securities within rabbi trust 1,348
Purchase of marketable securities within rabbi trust (1,348)
Proceeds from disposal/sale of property, plant and equipment 5,787 53
Net cash used in investing activities (2,401) (8,717)
Cash flows from financing activities:    
Dividends paid to common stockholders (2,403) (2,376)
Borrowings under revolving credit line 12,000 7,500
Repayments of revolving credit line (12,000) (7,500)
Repayments of long-term debt (2,231) (8,268)
Purchase and retirement of Class A common stock (448)
Net cash used in financing activities (5,082) (10,644)
Effect of exchange rate changes on cash and cash equivalents (540) 134
Net increase (decrease) in cash and cash equivalents 10,905 (15,058)
Cash and cash equivalents - beginning of period 53,911 69,354
Cash and cash equivalents - end of period 64,816 54,296
Supplementary information:    
Income taxes, net of refunds received 3,497 6,291
Interest payment $ 3,815 $ 3,485