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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 11,157 [1] $ 10,637 [1] $ 4,763
Adjustments to reconcile net income to cash provided (used) in operating activities:      
Depreciation 2,272 1,737 1,560
Amortization of intangible assets 1,107 488 512
Amortization of step-up of basis in inventories 833 0 0
Allowance for doubtful accounts 136 21 99
Amortization of deferred finance cost 218 154 75
Value of share-based payment arrangements 1,498 706 203
Excess tax benefits from stock option exercise 0 (189) 0
Deferred tax expense 4,005 1,080 2,768
Other non cash (income) expenses 0 564 (302)
Changes in assets and liabilities (net of acquisitions):      
Trade accounts receivable 4,498 (404) (545)
Inventories (840) (6,704) (23,430)
Prepaid and other assets (3,039) 523 (465)
Income taxes payable (9,986) 562 0
Accounts payable and accrued expenses 6,026 173 4,259
Other liabilities 481 0 0
Cash provided (used) in operating activities 18,366 9,348 (10,503)
Cash flows from investing activities:      
Payments for acquisitions (208,969) 0 (2,424)
Additions to patents 0 0 (12)
Additions to property, plant and equipment (1,022) (1,733) (889)
Cash used in investing activities (209,991) (1,733) (3,325)
Cash flows from financing activities:      
Net proceeds from issuances of common stock 807 51,060 460
Tax payment withholdings related to settlements of stock option awards (2,026) 0 0
Excess tax benefits from stock-based compensation 0 189 0
Payment of deferred financing costs (5,385) 0 0
(Repayments of) borrowing from short-term debt - net 65,000 (20,227) 14,172
Proceeds from long-term debt 105,000 61 292
Repayment of long-term debt (172) (4,349) (328)
Payment of deferred acquisition cost (528) (1,676) (445)
Cash provided by financing activities 162,696 25,058 14,151
Increase (decrease) in cash and cash equivalents (28,929) 32,673 323
Cash and cash equivalents at beginning of period 33,931 1,258 935
Cash and cash equivalents at end of period 5,002 33,931 1,258
Supplemental disclosure of cash flow information:      
Cash paid during period for interest 2,028 964 701
Cash paid for income taxes 6,829 4,985 0
Non cash investing activity:      
Deferred acquisition cost $ 0 $ 0 $ 1,982
[1] The sum of the net earnings per share may not add up to the full year amount due to rounding and because the quarterly calculations are based on varying numbers of shares outstanding.