XML 26 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated statements of cash flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2019
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2018
Cash flows from operating activities:        
Net income (loss) $ (17,914) $ 6,232 $ 17,884 $ 15,525
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 7,544 25,179 22,843 17,861
Restructuring expense (income) 22,176 2,641 (5,982) 0
Stock-based compensation expense 3,683 19,682 15,488 16,821
Amortization of debt issuance costs and discount on debt 190 847 747 792
Deferred income taxes (3,433) (8,584) 2,443 (939)
Other, net 242 383 873 476
Changes in operating assets and liabilities:        
Accounts receivable 4,215 (10,529) 2,504 7,649
Inventories 2,561 (10,937) (435) 16,338
Prepaid expenses and other assets (1,732) (9,659) (6,500) (8,484)
Accounts payable and accrued expenses (6,021) 17,472 5,962 (10,251)
Other liabilities (3,295) (3,252) (11,514) (206)
Net cash provided by operating activities 8,216 29,475 44,313 55,582
Cash flows from investing activities:        
Acquisition, net of cash acquired 0 0 (25,923) 0
Purchase of property and equipment (3,400) (6,474) (9,422) (8,872)
Net cash used in investing activities (3,400) (6,474) (35,345) (8,872)
Cash flows from financing activities:        
Proceeds from revolving line of credit 0 20,000 0 2,000
Repayment of revolving line of credit 0 (20,000) 0 (2,000)
Repayment of long-term debt (2,063) (11,756) (9,488) (8,250)
Debt issuance costs paid 0 (334) 0 0
Repurchase of common stock 0 0 (7,904) 0
Cash received from issuance of common stock 115 1,503 1,488 3,176
Other, net (199) (813) (771) (490)
Net cash used in financing activities (2,147) (11,400) (16,675) (5,564)
Net increase (decrease) in cash and cash equivalents 2,669 11,601 (7,707) 41,146
Cash and cash equivalents - beginning of period 51,205 46,167 53,874 10,059
Cash and cash equivalents - end of period 53,874 57,768 46,167 51,205
Supplemental disclosure of cash flow information:        
Cash paid for interest 1,783 3,018 6,302 7,124
Cash paid for income taxes, net of refunds 6 2,301 5,604 4,085
Cash paid for interest on finance leases 50 137 179 0
Supplemental disclosure of noncash investing and financing activities:        
Property and equipment acquired under finance leases 0 0 0 2,098
Property and equipment purchases included in accounts payable and accrued expenses $ 3,080 $ 359 $ 1,132 $ 1,838