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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net Income (Loss) Attributable to Parent $ 3,217 $ (106,647)
Adjustments to reconcile net income (loss) to net cash used in operating activities    
Depreciation 6,432 5,624
Amortization of intangibles 5,798 5,495
Net gain on sale of property, plant and equipment (193) (3)
Deferred income taxes 661 (1,849)
Stock-based compensation 2,032 (917)
Impairment 817 107,114
Non-cash interest expense 296 265
Accounts receivable (33,059) 34,522
Inventories (63,422) (59,001)
Prepaid expenses and other (7,031) (838)
Accounts payable and accrued liabilities 61,789 8,235
Other, net 259 (2,054)
Net cash used in operating activities (22,404) (10,054)
Cash flows from investing activities    
Capital expenditures (4,165) (6,278)
Proceeds from the sale of property, plant, and equipment 203 25
Net cash used in investing activities (3,962) (6,253)
Cash flows from financing activities    
Proceeds from exercise of stock options 1,235 0
Dividends paid (4,253) (4,482)
Borrowings under revolving credit facilities 114 45,040
Payments under revolving credit facilities (114) (40)
Principal payments under finance lease obligations (85) (80)
Debt issuance costs paid 0 (9)
Stock repurchases (19,321) (10,051)
Net cash (used in) provided by financing activities (22,424) 30,378
Cash and cash equivalents:    
Net (decrease) increase in cash, cash equivalents, and restricted cash (48,790) 14,071
Cash, cash equivalents and restricted cash at beginning of period 217,677 140,516
Cash, cash equivalents, and restricted cash at end of period 168,887 154,587
Supplemental disclosures of cash flow information:    
Cash paid for interest 1,436 1,543
Refunds received for income taxes $ (403) $ (511)