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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 10,545 $ 10,958
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 20,466 21,400
Loss (gain) on sales and/or abandonment of property and equipment 94 (28)
Write-off of certain intangible assets and other long-term assets 1,672  
Amortization of right-of-use operating lease assets 2,584 3,070
Fair value adjustments to contingent consideration 2,600 402
Amortization of deferred credits (27) (27)
Amortization of long-term debt issuance costs 151 151
Stock-based compensation expense 4,642 3,595
Changes in operating assets and liabilities, net of acquisitions and divestitures:    
Trade receivables (3,851) (5,284)
Other receivables 5,854 (597)
Inventories (9,177) (3,396)
Prepaid expenses and other current assets (1,307) (1,071)
Income tax refund receivables 196 199
Other assets 833 80
Trade payables 2,670 4,237
Accrued expenses (23,508) 5,393
Income taxes payable 1,147 (174)
Deferred compensation payable (1,307) (581)
Operating lease liabilities (2,841) (3,151)
Other long-term obligations 574 56
Total adjustments 1,465 24,274
Net cash, cash equivalents, and restricted cash provided by operating activities 12,010 35,232
Capital expenditures for:    
Property and equipment (9,526) (6,171)
Intangible assets (342) (692)
Proceeds from the sale of property and equipment   873
Cash paid in acquisitions, net of cash acquired   (358)
Net cash, cash equivalents, and restricted cash used in investing activities (9,868) (6,348)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 1,641 5,520
Proceeds from issuance of long-term debt 80,524 9,694
Payments on long-term debt (70,899) (40,569)
Contingent payments related to acquisitions (24,491) (403)
Payment of taxes related to an exchange of common stock (1,015) (488)
Net cash, cash equivalents, and restricted cash used in financing activities (14,240) (26,246)
Effect of exchange rates on cash, cash equivalents, and restricted cash 111 (1,035)
Net increase (decrease) in cash, cash equivalents and restricted cash (11,987) 1,603
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 67,750 56,916
End of period 55,763 58,519
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO THE CONSOLIDATED BALANCE SHEETS:    
Cash and cash equivalents 53,875 58,519
Restricted cash reported in prepaid expenses and other current assets $ 1,888  
Restricted Cash and Cash Equivalents, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current  
Total cash, cash equivalents and restricted cash $ 55,763 58,519
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest (net of capitalized interest of $126 and $120, respectively) 993 1,539
Income taxes 2,411 1,660
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Property and equipment purchases in accounts payable 2,442 1,688
Merit common stock surrendered (0 and 2 shares, respectively) in exchange for exercise of stock options   93
Right-of-use operating lease assets obtained in exchange for operating lease liabilities $ 1,404 $ 131