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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 4,512 $ 2,101
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,620 6,816
Inventory write-downs 888 144
Provision for bad debts - accounts receivable (383) (628)
Share-based compensation expense 1,620 2,420
Change in fair value of acquisition-related contingent liabilities 296 (733)
Change in fair value of written put options 653 (145)
Changes in assets and liabilities:    
Accounts receivable 10,578 8,854
Contract assets (4,526) 5,447
Inventories 3,936 10,555
Prepaid expenses and other current assets (1,309) 2,747
Other assets (639) (1,468)
Accounts payable and other current liabilities (6,424) 1,280
Long-term pension liability 217 379
Other long-term liabilities 261 326
Net cash provided by operating activities 16,300 38,095
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment (1,974) (3,643)
Net cash used in investing activities (1,974) (3,643)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings of debt 10,000 1,000
Repayment of debt (25,875) (29,875)
Debt issuance costs 0 (300)
Payment of cash dividends (4,657) (4,590)
Payment of acquisition-related contingent liabilities (557) 0
Proceeds received on exercise of stock options 1,076 43
Net cash used in financing activities (20,013) (33,722)
Effect of currency exchange rates on cash (835) 297
Net increase (decrease) in cash and cash equivalents (6,522) 1,027
Cash and cash equivalents balance, beginning of period 19,896 17,722
Cash and cash equivalents balance, end of period $ 13,374 $ 18,749