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Consolidated Statements of Cash Flow - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:    
Net income (loss) $ 6,043,000 $ (27,216,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 6,288,000 9,035,000
Deferred income taxes 0 2,230,000
Non-cash compensation 1,372,000 842,000
Deferred revenue recognized 0 (4,200,000)
Deferred loan costs amortized 2,261,000 2,333,000
Loss on extinguishment of debt 1,521,000 0
Net gain on sale of assets (33,626,000) (7,480,000)
Provision for excess and obsolete inventory 880,000 1,069,000
Other noncash items (1,440,000) (1,289,000)
Contributions to pension plans 0 (315,000)
Changes in operating assets and liabilities:    
Accounts receivable 4,072,000 24,700,000
Inventory (1,809,000) 5,432,000
Prepaid expenses and other assets (81,000) (4,470,000)
Accounts payable (4,330,000) (13,388,000)
Accrued and other liabilities (455,000) (730,000)
Net cash (used in) operating activities (19,304,000) (13,447,000)
Cash flows from investing activities:    
Capital expenditures (1,763,000) (1,825,000)
Proceeds from sale of assets 51,581,000 15,741,000
Change in restricted cash (1,500,000) 0
Net cash provided by investing activities 48,318,000 13,916,000
Cash flows from financing activities:    
Repayment of former revolving credit agreement 0 (17,000,000)
Repayment of note payable – Meritor 0 (3,779,000)
Proceeds from issuance of Term Loan 0 12,000,000
Payments on Term Loan (11,714,000) (286,000)
(Payments on) proceeds from New Revolving Credit Agreement (2,132,000) 2,132,000
Payment penalty on early extinguishment of debt (1,521,000) 0
Proceeds from note payable – related party 1,000,000 5,500,000
Capital lease payments (156,000) 0
Debt issuance and modification costs (379,000) (4,203,000)
Indirect repurchase of shares for minimum statutory tax withholdings (191,000) (77,000)
Cash dividends paid 0 (410,000)
Net cash used in financing activities (15,093,000) (6,123,000)
Net increase (decrease) in cash and cash equivalents 13,921,000 (5,654,000)
Cash and cash equivalents at beginning of year 1,349,000 7,003,000
Cash and cash equivalents at end of year $ 15,270,000 $ 1,349,000