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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net cash flows from operating activities:    
Net income (loss) $ 7,533 $ (13,532)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 5,909 5,734
Deferred income taxes 4,299 (2,167)
Loss on extinguishment of debt 3,669 0
Non-cash compensation 3,478 3,341
Non-cash lease expense 1,920 1,802
Write-down of inventories and deferred preservation costs 723 1,123
Change in fair value of contingent consideration (17,470) 4,800
Other 644 754
Changes in operating assets and liabilities:    
Inventories and deferred preservation costs (1,380) (3,222)
Prepaid expenses and other assets (2,268) (2,014)
Receivables (3,334) 3,540
Accounts payable, accrued expenses, and other liabilities (9,216) (6,313)
Net cash flows used in operating activities (5,493) (6,154)
Net cash flows from investing activities:    
Capital expenditures (3,611) (2,843)
Net cash flows used in investing activities (3,611) (2,843)
Net cash flows from financing activities:    
Proceeds from issuance of debt 190,000 0
Proceeds from revolving credit facility 30,000 0
Proceeds from exercise of stock options and issuance of common stock 3,528 2,581
Principal payments on short-term notes payable (1,027) 0
Payment of debt issuance costs (9,998) 0
Repayment of debt (211,627) (690)
Other (139) (720)
Net cash flows provided by financing activities 737 1,171
Effect of exchange rate changes on cash and cash equivalents 545 (752)
Decrease in cash and cash equivalents (7,822) (8,578)
Cash and cash equivalents beginning of period 58,940 39,351
Cash and cash equivalents end of period $ 51,118 $ 30,773