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Condensed Consolidated Statements of Cash Flows
$ in Thousands, € in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Sep. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Cash flows from operating activities:              
Net income $ 11,694 $ 9,739 $ 19,540 $ 4,858 $ 33,316 $ 33,327  
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation and amortization         8,446 9,137  
Loss (gain) on disposal of property, plant & equipment         108 (6,206)  
Gain on sale of Molded Fiber business 0   (15,623)   0 (15,623)  
Share-based compensation         3,450 2,370  
Deferred income taxes         474 415  
Change in fair value of contingent consideration 238   3,346   3,289 9,348  
Changes in operating assets and liabilities:              
Receivables, net         (5,791) (19,841)  
Inventories         (16,267) (20,085)  
Prepaid expenses and other current assets         377 118  
Income taxes payable         (2,161) (3,624)  
Other assets         1,255 (2,637)  
Accounts payable         6,715 6,334  
Accrued expenses         (4,272) 12,991  
Deferred revenue         (865) 501  
Non-qualified deferred compensation plan and other liabilities         559 (6,669)  
Net cash provided by (used in) operating activities         28,633 (144)  
Cash flows from investing activities:              
Additions to property, plant, and equipment         (7,734) (10,816)  
Proceeds from sale of Molded Fiber         0 29,007  
Proceeds from sale of fixed assets         2 6,717  
Net cash (used in) provided by investing activities         (7,732) 4,255  
Cash flows from financing activities:              
Proceeds from advances on revolving line of credit         9,000 44,000  
Payments on revolving line of credit         (18,000) (45,000)  
Principal payments of long-term debt         (3,000) (3,000)  
Payment of contingent consideration         (5,000) 0  
Principal payments on finance lease obligations         (47) (47)  
Proceeds from exercise of stock options         680 178  
Payment of statutory withholdings for restricted stock units vested         (2,413) (1,302)  
Net cash used in financing activities         (18,780) (5,171)  
Effect of foreign currency exchange rates on cash and cash equivalents         (196) (120)  
Net increase (decrease) in cash and cash equivalents         1,925 (1,180)  
Cash and cash equivalents at beginning of period   $ 4,451   $ 11,117 4,451 11,117 $ 11,117
Cash and cash equivalents at end of period $ 6,376   $ 9,937   6,376 9,937 $ 4,451
Advant Medical [Member]              
Cash flows from investing activities:              
Acquisition, net of cash acquired         0 (20,768)  
DAS Medical [Member]              
Cash flows from investing activities:              
Acquisition, net of cash acquired         $ 0 $ 115