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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
OPERATING ACTIVITIES    
Net income $ 973 $ 1,272
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization [1] 11,744 10,703
Amortization of financing costs 513 477
Deferred rent (125) 511
Deferred income taxes   699
Stock compensation expense 2,115 2,314
Undistributed equity in (earnings) losses, net 270 169
Gain on disposal of fixed assets (23)  
Loss on early retirement of debt 272  
Changes in operating assets and liabilities (excluding the effects of business acquisitions)    
Accounts receivable (42,360) (2,576)
Inventory (34,552) (36,422)
Prepaid expenses, other current assets and other assets (412) (642)
Accounts payable, accrued expenses and other liabilities 38,410 17,886
Income taxes receivable (1,967)  
Income taxes payable (5,246) (5,822)
NET CASH USED IN OPERATING ACTIVITIES (30,388) (11,431)
INVESTING ACTIVITIES    
Purchases of property and equipment (1,982) (4,190)
Proceeds from disposition of GSI 567  
Acquisitions (9,382)  
NET CASH USED IN INVESTING ACTIVITIES (10,797) (4,190)
FINANCING ACTIVITIES    
Proceeds from Revolving Credit Facility 200,144 213,625
Repayments of Revolving Credit Facility (136,175) (187,267)
Repayment of Credit Agreement Term Loan (23,000) (7,500)
Proceeds from Short Term Loan 118 37
Payments on Short Term Loan (248) (803)
Payment of financing costs (13)  
Payments for capital leases (55)  
Payments of tax withholding for stock based compensation (74)  
Proceeds from exercise of stock options 1,217 843
Cash dividends paid (Note L) (1,804) (1,557)
NET CASH PROVIDED BY FINANCING ACTIVITIES 40,110 17,378
Effect of foreign exchange on cash (225) (546)
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (1,300) 1,211
Cash and cash equivalents at beginning of period 7,131 5,068
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 5,831 $ 6,279
[1] The three and nine months ended September 30, 2016 includes a $1.3 million charge to correct prior years' depreciation of certain assets within the U.S. Wholesale segment.