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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (24,302) $ 10,559
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 2,458 1,847
Amortization of intangible assets 623 625
Amortization of debt financing costs 94 95
Stock-based compensation 3,567 3,727
Deferred income taxes (7,110) (101)
Change in sales returns reserve (4,992) (4,186)
Provision for obsolete inventory (1,289) 783
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 32,152 20,028
Inventories (21,288) (11,413)
Accounts payable (9,914) 4,580
Prepaid expenses and other assets 1,055 (11,299)
Income taxes payable 1,550 (6,850)
Other liabilities (13,851) 4,053
Net cash provided by (used for) operating activities (41,247) 12,448
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (1,207) (3,316)
Acquisition of a business, net of cash acquired   (2,500)
Net cash used for investing activities (1,207) (5,816)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings on revolving credit facilities 36,209 120,858
Repayment of revolving credit facilities (20,502) (120,858)
Proceeds from exercise of stock options and warrants 538 3,262
Repurchase of common stock to satisfy employee tax withholding obligations   (463)
Net cash provided by financing activities 16,245 2,799
Effect of exchange rate changes on cash and cash equivalents (634) 85
Net increase (decrease) in cash and cash equivalents (26,843) 9,516
Cash and cash equivalents - beginning of period 37,720 46,681
Cash and cash equivalents - end of period 10,877 56,197
SUPPLEMENTAL DISCLOSURE OF INFORMATION    
Cash paid for interest 108 88
Cash paid (received) for income taxes $ (2,539) $ 8,041