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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
OPERATING ACTIVITIES              
Net loss $ (3,977) $ (28,164) $ (11,513) $ (4,867) $ (32,141) $ (16,380)  
Adjustments to reconcile net loss to net cash provided by operating activities:              
Depreciation and amortization 6,061   6,290   12,295 12,649  
Goodwill and other impairments 0   0   20,100 0 $ 42,990
Amortization of financing costs         878 876  
Mark to market loss (gain) on interest rate derivatives 164   (350)   2,415 (350)  
Non-cash lease expense         2,020 1,156  
Provision for doubtful accounts         2,987 386  
Stock compensation expense         2,746 2,100  
Undistributed equity in losses, net of taxes         509 185  
SKU Rationalization         0 8,500  
Changes in operating assets and liabilities:              
Accounts receivable         12,661 33,798  
Inventory         2,398 (40,900)  
Prepaid expenses, other current assets and other assets         782 (1,218)  
Accounts payable, accrued expenses and other liabilities         39,430 15,587  
Income taxes receivable         (871) (9,247)  
NET CASH PROVIDED BY OPERATING ACTIVITIES         66,209 7,142  
INVESTING ACTIVITIES              
Purchases of property and equipment         (1,380) (3,867)  
NET CASH USED IN INVESTING ACTIVITIES         (1,380) (3,867)  
FINANCING ACTIVITIES              
Proceeds from revolving credit facility         95,851 136,455  
Repayments of revolving credit facility         (99,134) (133,497)  
Repayments of term loan         (7,583) (1,375)  
Payments for finance lease obligations         (50) (12)  
Payments of tax withholding for stock based compensation         (486) (390)  
Proceeds from the exercise of stock options         0 133  
Cash dividends paid         (937) (1,786)  
NET CASH USED IN FINANCING ACTIVITIES         (12,339) (472)  
Effect of foreign exchange on cash         (323) 85  
INCREASE IN CASH AND CASH EQUIVALENTS         52,167 2,888  
Cash and cash equivalents at beginning of period   $ 11,370   $ 7,647 11,370 7,647 7,647
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 63,537   $ 10,535   $ 63,537 $ 10,535 $ 11,370