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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Goodwill, Impairment Loss $ 4,100,000 $ 0
Gain (Loss) on Disposition of Assets 0 6,000
Increase (Decrease) in Deferred Income Taxes (632,000) 0
Payments of Dividends 0 (792,000)
Cash flows from operating activities:    
Net income (9,761,000) (839,000)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,700,000 7,105,000
Share-based compensation 1,264,000 1,228,000
(Gain) loss on foreign currency translation and transaction (22,000) 14,000
Change in operating assets and liabilities:    
Accounts receivable (378,000) (12,528,000)
Inventories 2,352,000 (2,265,000)
Prepaid and other assets 1,900,000 3,060,000
Accounts payable (2,505,000) 13,272,000
Accrued and other liabilities 253,000 (2,255,000)
Post retirement benefits liability (298,000) (274,000)
Net cash provided by operating activities 3,973,000 6,524,000
Cash flows from investing activities:    
Purchase of property, plant and equipment (6,280,000) (4,761,000)
Net cash used in investing activities (6,280,000) (67,218,000)
Cash flows from financing activities:    
Proceeds from (Repayments of) Debt 0 45,000,000
Repayments of Short-term Debt (2,532,000) (9,281,000)
Proceeds from Lines of Credit 152,121,000 67,594,000
Payments related to purchase of treasury stock (60,000) (250,000)
Net Cash Provided by (Used in) Financing Activities 416,000 33,914,000
Business Combination, Consideration Transferred 0 (62,457,000)
Repayments of Lines of Credit (148,679,000) (67,594,000)
Payments of Financing Costs (434,000) (763,000)
Net change in cash and cash equivalents (1,891,000) (26,780,000)
Cash and cash equivalents at beginning of period 1,891,000 26,780,000
Cash and cash equivalents at end of period 0 0
Cash paid for:    
Interest (net of amounts capitalized) 2,706,000 1,612,000
Income taxes 1,160,000 848,000
Non Cash:    
Fixed asset purchases in accounts payable $ 429,000 $ 344,000