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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net earnings $ 38,649 $ 16,813
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 11,604 12,514
Stock-based compensation 1,672 1,752
Amortization of deferred financing costs 34 1,267
Deferred income taxes (5,113) (124)
Net unrealized gains on foreign currency revaluation (494) (373)
Gains on sale of property (1,596) (6,578)
Other, net 360 1,355
Changes in operating assets and liabilities:    
Accounts receivable, net (17,851) (11,893)
Unbilled receivables (317) (13,958)
Inventories (32,574) (22,831)
Accounts payable 4,884 15,800
Accrued expenses 6,678 9,066
Accrued restructuring costs 3,628 124
Income taxes payable 6,380 (1,372)
Other operating assets/liabilities, net 8,125 (3,276)
Net cash provided by (used in) operating activities 24,069 (1,714)
Cash flows from investing activities:    
Purchases of property, plant and equipment (5,612) (4,154)
Payments for acquisitions, net of cash acquired 0 (16,811)
Proceeds from sale of property, plant and equipment 1,833 7,249
Net cash used in investing activities (3,779) (13,716)
Cash flows from financing activities:    
Dividends paid to common stockholders (2,470) (2,447)
Purchase of treasury stock (349) 0
Deferred financing costs 0 (675)
Borrowings under revolving credit line 0 115,000
Repayments of revolving credit line 0 (14,500)
Repayments of long-term debt (2,500) (104,846)
Net cash used in financing activities (5,319) (7,468)
Effect of exchange rate changes on cash and cash equivalents (5,832) (80)
Net increase (decrease) in cash and cash equivalents 9,139 (22,978)
Cash and cash equivalents - beginning of period 61,756 84,939
Cash and cash equivalents - end of period 70,895 61,961
Supplementary information:    
Income taxes, net of refunds received 7,496 2,024
Interest payments 2,129 1,683
ROU assets obtained in exchange for lease obligations 6,111 6,382
Goodwill 23,775  
Cash paid for acquisitions, net of cash acquired (0) 16,811
RMS and EOS Acquisitions [Member]    
Supplementary information:    
Fair value of identifiable net assets acquired 0 18,215
Goodwill 0 2,499
Fair value of net assets acquired 0 20,714
Fair value of consideration transferred 0 20,714
Less: Cash acquired in acquisitions $ 0 $ (3,903)