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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 6,520 $ 7,543 $ 6,520
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 7,044 2,933  
LIFO expense 2,032 1,804  
Pension expense 808 760  
Stock based compensation 465 682  
Amortization of debt issuance fees 740 0  
Other 14 0  
Changes in operating assets and liabilities:      
Accounts receivable, net (4,264) (9,211)  
Inventories, net (7,533) (6,119)  
Accounts payable 7,236 2,256  
Commissions payable 961 727  
Deferred revenue and customer deposits 859 1,253  
Income taxes 1,534 1,912  
Accrued expenses and other 2,909 668  
Benefit obligations (703) 957  
Net cash provided by operating activities 18,622 6,165  
Cash flows from investing activities:      
Capital additions (6,450) (3,473)  
Other 426 89  
Net cash used for investing activities (6,024) (3,384)  
Cash flows from financing activities:      
Cash dividends (4,567) (4,436)  
Treasury share repurchases (1,028) (918)  
Proceeds from bank borrowings 5,000 0  
Payments to banks for borrowings 6,375 (0)  
Other (34) (32)  
Net cash used for financing activities (7,004) (5,386)  
Effect of exchange rate changes on cash (146) 97  
Net increase (decrease) in cash and cash equivalents 5,448 (2,508)  
Cash and cash equivalents:      
Beginning of period 6,783 125,194 $ 6,783
End of period $ 12,231 $ 122,686