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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
OPERATING ACTIVITIES    
Net loss $ (45,089) $ (24,083)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 16,533 16,241
Goodwill impairment 33,237 0
Amortization of financing costs 2,077 2,195
Gain on disposition of fixed assets (94) 0
Mark to market loss on interest rate derivatives 755 1,184
Operating leases, net (1,734) (1,476)
Provision (recovery) for doubtful accounts 1,129 (241)
Deferred income taxes 0 144
Stock compensation expense 3,100 2,886
Equity in losses, net of taxes 0 2,092
Loss on equity securities 0 14,152
Changes in operating assets and liabilities    
Accounts receivable 29,010 13,859
Inventory (15,912) (44,821)
Prepaid expenses, other current assets and other assets (224) 2,929
Accounts payable, accrued expenses and other liabilities (15,843) 16,759
Income taxes receivable (2,215) (2,894)
Income taxes payable (860) (663)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 3,870 (1,737)
INVESTING ACTIVITIES    
Purchases of property and equipment (3,221) (1,604)
Net proceeds from sale of property 94 0
NET CASH USED IN INVESTING ACTIVITIES (3,127) (1,604)
FINANCING ACTIVITIES    
Payments for finance lease obligations (33) (22)
Payments of tax withholding for stock based compensation (416) (1,083)
Cash dividends paid (2,858) (2,893)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 8,283 (6,882)
Effect of foreign exchange on cash 170 18
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 9,196 (10,205)
Cash and cash equivalents at beginning of period 2,929 16,189
CASH AND CASH EQUIVALENTS AT END OF PERIOD 12,125 5,984
Revolving Credit Facility    
FINANCING ACTIVITIES    
Proceeds from revolving credit facility 236,941 180,725
Repayments of revolving credit facility and term loan (219,726) (177,984)
Term Loan    
FINANCING ACTIVITIES    
Repayments of revolving credit facility and term loan $ (5,625) $ (5,625)