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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
OPERATING ACTIVITIES    
Net income $ 380 $ 3,067
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,899 5,958
Amortization of financing costs 426 443
Mark to market (gain) on interest rate derivatives (1,049) (498)
Non-cash lease expense (335) (409)
(Recovery) provision for doubtful accounts (219) 17
Stock compensation expense (1,174) (1,444)
Undistributed (earnings) losses from equity investment, net of taxes (416) 247
Changes in operating assets and liabilities (excluding the effects of business acquisitions)    
Accounts receivable 59,657 38,961
Inventory (2,086) (6,479)
Prepaid expenses, other current assets and other assets (181) 2,121
Accounts payable, accrued expenses and other liabilities (50,021) (10,746)
Income taxes payable 1,175 2,156
NET CASH PROVIDED BY OPERATING ACTIVITIES 13,404 36,282
INVESTING ACTIVITIES    
Acquisitions 17,977 178
NET CASH USED IN INVESTING ACTIVITIES (18,359) (852)
FINANCING ACTIVITIES    
Payments for finance lease obligations (9) (45)
Payments of tax withholding for stock based compensation (568) (2,160)
Proceeds from the exercise of stock options 233 184
Payments for Repurchase of Common Stock (671) 0
Cash dividends paid (1,004) (1,010)
NET CASH USED IN FINANCING ACTIVITIES (8,155) (40,794)
Effect of foreign exchange on cash (26) 42
DECREASE IN CASH AND CASH EQUIVALENTS (13,136) (5,322)
Cash and cash equivalents at beginning of period 27,982 35,963
CASH AND CASH EQUIVALENTS AT END OF PERIOD 14,846 30,641
Net income 380 3,067
Depreciation and amortization 4,899 5,958
Amortization of financing costs 426 443
Mark to market gain on interest rate derivatives 1,049 498
Non-cash lease expense (335) (409)
(Recovery) provision for doubtful accounts (219) 17
Stock compensation expense 1,174 1,444
Undistributed (earnings) losses from equity investment, net of taxes (416) 247
Increase (Decrease) in Accounts Receivable (59,657) (38,961)
Increase (Decrease) in Inventories 2,086 6,479
Increase (Decrease) in Prepaid Expense and Other Assets 181 (2,121)
Accounts payable, accrued expenses and other liabilities (50,021) (10,746)
Income taxes payable 1,175 2,156
NET CASH PROVIDED BY OPERATING ACTIVITIES 13,404 36,282
Acquisitions (17,977) (178)
Net Cash Provided by (Used in) Investing Activities (18,359) (852)
Payments for finance lease obligations 9 45
Payments Related to Tax Withholding for Share-based Compensation 568 2,160
Proceeds from the exercise of stock options 233 184
Payments for stock repurchase 671 0
Cash dividends paid 1,004 1,010
Net Cash Provided by (Used in) Financing Activities (8,155) (40,794)
Effect of foreign exchange on cash (26) 42
DECREASE IN CASH AND CASH EQUIVALENTS (13,136) (5,322)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14,846 30,641
Revolving Credit Facility    
FINANCING ACTIVITIES    
Proceeds from revolving credit facility 57,395 7,845
Repayments of term loan (57,315) (35,131)
Proceeds from revolving credit facility 57,395 7,845
Repayments of Long-term Lines of Credit 57,315 35,131
Term Loan    
FINANCING ACTIVITIES    
Repayments of term loan (6,216) (10,477)
Repayments of Long-term Lines of Credit 6,216 10,477
Grupo Vasconia S.A.B.    
INVESTING ACTIVITIES    
Purchases of property and equipment (382) (674)
Payments to Acquire Property, Plant, and Equipment $ 382 $ 674