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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows provided by operating activities:    
Net (loss) income $ (150,804) $ 31,190
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation 10,294 10,294
Amortization of purchased intangible assets 15,877 17,001
Amortization of deferred debt issuance costs 624 412
Stock-based compensation 5,103 8,558
Bad debt expense 4,979 141
Deferred income taxes 4,734 2,218
Asset impairments 1,044 515
Goodwill impairment 141,725 0
Other (76) (2,040)
Change in:    
Accounts receivable, net (9,458) (11,557)
Inventories 1,357 (29,460)
Prepaid expenses and other 2,351 14,185
Accounts payable 15,388 (1,485)
Contract liabilities (399) (3,450)
Accrued expenses and other liabilities (7,954) 6,226
Net cash provided by operating activities 34,785 42,748
Cash flows provided by (used in) investing activities:    
Investment in marketable securities 0 (7,516)
Proceeds from maturities of marketable securities 3,000 0
Proceeds from sales of marketable securities 9,619 0
Acquisition of property, plant and equipment (11,600) (7,455)
Proceeds from property, plant and equipment reimbursements 406 0
Proceeds on sale of property, plant and equipment 100 0
Net cash provided by (used in) investing activities 1,525 (14,971)
Cash flows used in financing activities:    
Repayments on term loan (118,750) (13,750)
Borrowings on term loan 50,000 0
Borrowings on revolving loans 77,650 0
Repayments on revolving loans (50,400) 0
Payment of debt issuance costs (2,735) 0
Distributions to redeemable noncontrolling interest holder (8,321) (10,345)
Net proceeds from issuance of common stock to employees and directors 132 212
Treasury stock purchases (1,000) (2,328)
Net cash used in financing activities (53,424) (26,211)
Effects of exchange rates on cash 585 1,350
Net (decrease) increase in cash and cash equivalents (16,529) 2,916
Cash and cash equivalents, beginning of the period 31,040 25,144
Cash and cash equivalents, end of the period $ 14,511 $ 28,060