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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 11,024 $ 3,981
Adjustments to reconcile net income to net cash (used in) provided by operating activities    
Depreciation and amortization 1,443 1,574
Amortization of operating lease right-of-use assets 415 433
Provision for expected credit losses 133 138
Deferred income tax expense 4,577 (15)
Gain on sale of businesses (11,154) 0
Share-based compensation expense 107 217
Changes in operating assets and liabilities:    
Accounts receivable, net (5,843) (1,963)
Prepaid expenses and other current assets (2,383) 1,635
Accounts payable 3,832 409
Operating lease liabilities (415) (433)
Accrued expenses, other current liabilities, due to affiliates and customer incentives and deposits (2,466) (4,336)
Net cash (used in) provided by operating activities (730) 1,640
Cash flows from investing activities    
Purchases of property and equipment (908) (1,083)
Cash transferred in the sale of a business (7,658) 0
Proceeds from the sale of joint ventures 18,094 0
Net cash provided by (used in) investing activities 9,528 (1,083)
Cash flows from financing activities    
Borrowings under line of credit 103,184 80,151
Repayments under line of credit (97,782) (79,520)
Proceeds from term debt 16 0
Repurchases of common stock (1,800) 0
Payments of notes to seller (1,843) 0
Payments to acquire noncontrolling interests (250) (473)
Dividend on noncontrolling interest (1,315) (1,674)
Net cash provided by (used in) financing activities 210 (1,516)
Effect of foreign exchange rate changes on cash (75) (426)
Net change in cash, cash equivalents and restricted cash 8,933 (1,385)
Cash, cash equivalents at beginning of period 10,719 9,345
Cash, cash equivalents at end of period 19,652 7,960
Supplemental disclosure of cash flows information:    
Cash paid for interest 1,640 1,302
Cash paid for income taxes $ 277 $ 1,945