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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
OPERATING ACTIVITIES    
Net income $ 10,182 $ 25,870
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,384 1,140
Stock-based compensation expense 2,383 2,010
Deferred income tax provision (845) (2,452)
Pension settlement loss   2,277
(Increase) decrease in assets:    
Accounts receivable (3,251) (7,014)
Income taxes receivable 126 (202)
Inventories 8,531 11,519
Current pension assets   509
Prepaid expenses and other current assets (593) 728
Other non-current assets (2,436) (719)
Increase in liabilities:    
Accounts payable 1,884 315
Accrued expenses and other liabilities 102 4,486
Other long-term liabilities 2,270 2,318
Net cash provided by operating activities 19,737 40,785
INVESTING ACTIVITIES    
Capital expenditures (1,661) (7,194)
Net cash used for investing activities (1,661) (7,194)
FINANCING ACTIVITIES    
Payment of dividends (33,990) (9,637)
Cash paid for common stock purchased and retired (907) (910)
Net cash used for financing activities (34,897) (10,547)
Net (decrease) increase in cash and cash equivalents (16,821) 23,044
Cash and cash equivalents at beginning of period 71,952 43,171
Cash and cash equivalents at end of period 55,131 66,215
Supplemental information:    
Income tax payments, net $ 2,867 $ 7,539