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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows From Operating Activities:    
Net income $ 8,915 $ 8,429
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 7,327 5,622
Deferred income taxes (491) (282)
Stock compensation expense 1,540 1,094
Debt issue cost amortization recorded in interest expense 87 74
Other (166) 133
Changes in operating assets and liabilities, net of acquisition:    
Trade receivables (8,692) (7,639)
Inventories 1,973 (6,840)
Prepaid expenses and other assets (289) (504)
Accounts payable (795) 5,788
Accrued liabilities (557) 1,511
Net cash provided by operating activities 8,852 7,386
Cash Flows From Investing Activities:    
Purchase of property and equipment (6,401) (5,555)
Cash paid for acquisitions   (13,312)
Net cash used in investing activities (6,401) (18,867)
Cash Flows From Financing Activities:    
Borrowings on long-term debt 7,695 14,252
Principal payments of long-term debt (7,000) (2,500)
Dividends paid to stockholders (605) (522)
Stock transactions under employee benefit stock plans (710) 261
Net cash (used in) provided by financing activities (620) 11,491
Effect of foreign exchange rate changes on cash (41) (271)
Net increase (decrease) increase in cash and cash equivalents 1,790 (261)
Cash and cash equivalents at beginning of period 8,673 15,590
Cash and cash equivalents at end of period $ 10,463 $ 15,329