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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 6,562 $ 5,139
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and finance lease amortization 6,300 5,713
Amortization of intangible assets 972 216
Deferred income taxes 2,618 307
Gain on insurance proceeds (1,018) 0
Share-based compensation expense 1,433 675
Other, net 128 115
Trade and other receivables 5,107 3,319
Contract assets, net 9,978 1,870
Inventories 902 5,863
Prepaid expenses and other assets 2,835 1,064
Accounts payable (3,787) (7,891)
Accrued and other liabilities (3,243) 909
Net cash provided by operating activities 28,787 17,299
Cash flows from investing activities:    
Acquisition of business, net of cash acquired (48,728) 0
Purchases of property and equipment (6,494) (2,645)
Proceeds from sale of property and equipment 0 2
Proceeds from insurance 557 400
Net cash used in investing activities (54,665) (2,243)
Cash flows from financing activities:    
Borrowings on line of credit 41,377 34,034
Repayments on line of credit (41,377) (45,498)
Borrowings on long-term debt 15,879 0
Payments on long-term debt (529) 0
Payments of debt issuance costs (454) 0
Payments on finance lease obligations (208) (215)
Tax withholdings related to net share settlements of restricted stock and performance share awards (618) 0
Net cash provided by (used in) financing activities 14,070 (11,679)
Change in cash and cash equivalents (11,808) 3,377
Cash and cash equivalents, beginning of period 31,014 6,677
Cash and cash equivalents, end of period 19,206 10,054
Noncash investing and financing activities:    
Accrued property and equipment purchases 633 1,137
Right-of-use assets obtained in exchange for operating lease liabilities $ 1,837 $ 1,238