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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities:    
Net income $ 18,819 $ 57,700
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 18,635 19,571
Deferred income taxes (997) 225
Non-cash stock based compensation 5,263 7,663
Loss on disposition of property and equipment 518 496
Other 708 (262)
Changes in assets and liabilities:    
Accounts receivable, net (31,762) (11,647)
Inventory (33,637) (17,211)
Other assets (10,443) 8,408
Accounts payable 27,768 (289)
Other liabilities 1,442 (3,136)
Net cash (used in) provided by operating activities (3,686) 84,362
Investing Activities:    
Purchases of property and equipment (15,448) (20,669)
Proceeds from the sale of property and equipment 81 10
Cost of technology investments (350) (5,200)
Net cash used in investing activities (15,717) (25,859)
Financing Activities:    
Repayments of debt (1,250) (143,731)
Proceeds from the exercise of Common Stock options 569 6,292
Taxes withheld and paid on employees' share-based payment awards (4,464) (2,117)
Acquisition contingent consideration payment   (69)
Net cash used in financing activities (5,145) (139,625)
Foreign currency effect (8,800) (360)
Net decrease in cash and cash equivalents (33,348) (81,482)
Cash and cash equivalents at beginning of period 190,606 268,345
Cash and cash equivalents at end of period 157,258 186,863
Supplemental disclosure of cash flow information:    
Cash paid for taxes 8,642 8,563
Cash paid for interest $ 909 $ 1,455