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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 14,421 $ 14,501 $ 18,263
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 14,523 [1] 12,507 [2] 10,614 [3]
Unrealized foreign currency loss (gain) 2,664 (1,041) (1,284)
Fair value adjustments to earnout liabilities 134 296 (229)
Earnout payments 0 0 (1,007)
Loss on sale of property and equipment 191 110 10
Amortization of debt discount 498 427 371
Share-based compensation expense 7,514 4,533 3,895
Bad debt expense 295 1,593 1,340
Inventory reserve expense 1,056 1,099 140
Deferred income tax benefit (3,606) (118) (39)
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (52,355) (26,851) (6,751)
Cost and estimated earnings of billings on uncompleted contracts (4,149) 5,040 (16,851)
Inventories (9,814) (6,896) (6,023)
Prepaid expenses and other current assets (8,347) 1,196 37
Deferred charges and other assets (12,736) (1,420) 2,478
Accounts payable 36,181 13,852 19,843
Accrued expenses 7,119 8,340 2,693
Billings in excess of costs and estimated earnings on uncompleted contracts 24,923 21,575 4,405
Income taxes payable 1,425 (1,976) 1,424
Other liabilities 4,891 (2,120) (3,680)
Net cash provided by operating activities 24,828 44,647 29,649
Cash flows from investing activities:      
Acquisitions of property and equipment (17,368) (8,384) (3,376)
Net proceeds from sale of assets 4 0 19
Cash paid for acquisitions, net of cash acquired (87,948) (48,102) (44,900)
Net cash used in investing activities (105,312) (56,486) (48,257)
Cash flows from financing activities:      
Borrowings on revolving credit lines 309,300 106,600 75,200
Repayments on revolving credit lines. (112,400) (150,600) (35,900)
Borrowings of long-term debt 0 75,000 11,000
Repayments of long-term debt (113,982) (4,985) (3,120)
Repayments of notes payable 0 0 (500)
Deferred financing fees paid (1,924) (363) (130)
Deferred consideration paid for acquisitions (2,050) (1,247) 0
Payments on capital leases and sale-leaseback financing liability (925) (907) (600)
Earnout payments (2,831) (2,123) 0
Equity Awards Surrendered By Employees For Tax Liability, Net Of Proceeds From Employee Stock Purchase Plan And Exercise Of Stock Options (2,169) 1,435 671
Distributions to non-controlling interest (2,109) (1,666) (1,425)
Common stock repurchases (5,000) 0 (7,020)
Net cash provided by financing activities 65,910 21,144 38,176
Effect of exchange rate changes on cash and cash equivalents (2,673) (442) (4,978)
Net (decrease) increase in cash, cash equivalents and restricted cash (17,247) 8,863 14,590
Cash, cash equivalents and restricted cash at beginning of year 55,448 46,585 31,995
Cash, cash equivalents and restricted cash at end of year 38,201 55,448 46,585
Cash paid during the period for:      
Interest 13,335 12,098 5,007
Income taxes $ 9,550 $ 9,916 $ 5,378
[1] The amounts of depreciation and amortization disclosed by reportable segment are included within the other segment expense captions, such as shop burden or general and administrative expense.
[2] The amounts of depreciation and amortization disclosed by reportable segment are included within the other segment expense captions, such as shop burden or general and administrative expense.
[3] The amounts of depreciation and amortization disclosed by reportable segment are included within the other segment expense captions, such as shop burden or general and administrative expense.