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Consolidated Statements of Cash Flows Increase (Decrease) in Cash and Cash Equivalents - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net (loss) income $ (33,672) $ 14,259
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation 2,080 966
Amortization of intangible assets 1,483 243
Amortization of step-up in inventory basis 2,520 0
Lower of cost or net realizable value reserve 30,906 0
Allowance for doubtful accounts 35 60
Value of share-based arrangements 214 0
Amortization of deferred finance costs 485 33
Deferred tax (benefit) expense (10,729) 496
Changes in assets and liabilities:    
Trade accounts receivable (23,142) (19,785)
Inventories 24,272 3,988
Prepaid and other assets 3,583 (5,529)
Income taxes receivable 5,827 1,833
Accounts payable and accrued expenses 4,867 4,143
Cash provided by operating activities 8,729 707
Cash flows from investing activities:    
Additions to property, plant, and equipment (782) (637)
Cash used in investing activities (782) (637)
Cash flows from financing activities:    
Payment of deferred acquisition costs 0 (528)
Proceeds from issuance of common stock 17 355
Repayment of short-term debt – net (10,070) 0
Repayment of long-term debt (562) (155)
Cash used in financing activities (10,615) (328)
(Decrease) in cash and cash equivalents (2,668) (258)
Cash and cash equivalents at beginning of period 5,002 33,931
Cash and cash equivalents at end of period 2,334 33,673
Supplemental Disclosure of Cash Flow Information:    
Cash paid during period for interest 6,107 142
Cash (refund) paid for income taxes – net $ (6,321) $ 6,559