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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Cash flows from operating activities:      
Net income (loss) $ 29,555 $ (1,076)  
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:      
Depreciation 937 847  
Amortization of intangible assets 698 698 $ 700
Lower of cost or net realizable value inventory adjustment (325) (763)  
Allowance for doubtful accounts 656 28  
Value of share-based payment arrangements 403 361  
Amortization of deferred finance costs 289 277  
Loss on extinguishment of debt 4,665    
Deferred tax expense 51 59  
Amortization of lease right of use asset, net 1 (4)  
Changes in assets and liabilities:      
Trade accounts receivable (24,613) (4,165)  
Inventories (6,845) (2,390)  
Prepaid and other assets 1,222 (998)  
Income taxes receivable   335  
Accounts payable and accrued expenses (1,628) 1,822  
Cash provided by (used in) operating activities 5,066 (4,969)  
Cash flows from investing activities:      
Additions to property, plant, and equipment (27) (290)  
Cash used in investing activities (27) (290)  
Cash flows from financing activities:      
Proceeds from issuance of common stock 71    
Excess tax benefits from exercise of stock options (72)    
Payment of deferred financing costs (5,186)    
Premiums paid to extinguish debt (3,326)    
Borrowing (repayment) of short-term debt - net (15,000) 8,000  
Proceeds from long-term debt 100,000    
Repayment of long-term debt (79,866) (1,314)  
Cash (used in) provided by financing activities (3,379) 6,686  
Increase in cash and cash equivalents 1,660 1,427  
Cash and cash equivalents at beginning of period 3,492 1,348 1,348
Cash and cash equivalents at end of period 5,152 2,775 $ 3,492
Supplemental Disclosure of Cash Flow Information:      
Cash paid during period for interest 2,203 2,480  
Cash paid (refund) from income taxes - net $ 4 $ (442)