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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Payments of Dividends $ (792,000) $ 0
Cash flows from operating activities:    
Net income 963,000 3,848,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,701,000 3,209,000
Share-based compensation 969,000 790,000
(Gain) loss on foreign currency translation and transaction (5,000) (1,000)
Change in operating assets and liabilities:    
Accounts receivable (12,463,000) (3,163,000)
Inventories 700,000 (1,163,000)
Prepaid and other assets (1,644,000) (304,000)
Accounts payable 8,878,000 2,756,000
Accrued and other liabilities 1,664,000 290,000
Post retirement benefits liability (205,000) (232,000)
Net cash provided by operating activities 3,558,000 6,030,000
Cash flows from investing activities:    
Purchase of property, plant and equipment (3,428,000) (1,381,000)
Net cash used in investing activities (65,885,000) (1,381,000)
Cash flows from financing activities:    
Proceeds from (Repayments of) Debt 45,000,000
Repayments of Short-term Debt (8,438,000) (1,500,000)
Proceeds from Lines of Credit 47,298,000 0
Payments of Loan Costs (757,000) 0
Payments related to purchase of treasury stock (250,000) (372,000)
Net Cash Provided by (Used in) Financing Activities 35,547,000 (1,872,000)
Business Combination, Consideration Transferred (62,457,000) 0
Repayments of Lines of Credit (46,514,000) 0
Net change in cash and cash equivalents (26,780,000) 2,777,000
Cash and cash equivalents at beginning of period 26,780,000 28,285,000
Cash and cash equivalents at end of period 0 31,062,000
Cash paid for:    
Interest (net of amounts capitalized) 1,022,000 129,000
Income taxes 520,000 2,212,000
Non Cash:    
Fixed asset purchases in accounts payable $ 574,000 $ 158,000