Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Cash Flows

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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows From Operating Activities:      
Net income (loss) $ 7,301 $ (673) $ (8,978)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation of property and equipment 4,423 2,883 2,264
Amortization of intangible assets 3,873 2,376 1,075
Accretion of notes payable   833 1,842
Amortization of debt issuance costs 436 28  
Gain on sale of marketable securities     (241)
(Gain) loss on disposition of assets 15 109 (5)
(Gain) loss from removal of accumulated translation adjustment 199 (202) 263
Stock-based compensation 2,652 1,181 227
Deferred income taxes (1,098) (5,476) (512)
Changes in operating assets and liabilities:      
Accounts receivable (766) (8,673) 2,765
Inventories (7,203) 1,360 5,382
Prepaid and other assets (827) (1,427) 2,831
Accounts payable and accrued liabilities 2,524 (137) (4,114)
Income taxes (136) (579) 1,611
Other   (523) 400
Net cash provided by (used in) operating activities 11,393 (8,920) 4,810
Cash Flows From Investing Activities:      
Proceeds from the sales of marketable securities     10,235
(Payments) proceeds related to the sale of POC     (921)
Purchase of businesses, net of cash received (720) (79,238)  
Proceeds from disposition of property and equipment 6 53 22
Purchase of property and equipment (3,365) (2,847) (2,566)
Net cash provided by (used in) investing activities (4,079) (82,032) 6,770
Cash Flows From Financing Activities:      
Proceeds from revolving credit facilities 153,556 55,778  
Repayments on revolving credit facilities (152,336) (34,936)  
Repayments of long-term debt and capital leases (39) (22,727)  
Payment of debt issuance costs (1,032) (334)  
Purchase of treasury stock (5,687) (17) (5,222)
Proceeds from exercise of stock options 467 179  
Cash dividends paid (1,488)    
Net cash provided by (used in) financing activities (6,559) (2,057) (5,222)
Effect of foreign exchange rates on cash (125) 127 (21)
Change in cash 630 (92,882) 6,337
Cash, beginning of period 1,856 94,738 88,401
Cash, end of period 2,486 1,856 94,738
Supplemental Disclosure of Cash Flow Information:      
Cash paid (received) for income taxes 418 931 (426)
Cash paid for interest 950 598 1,238
Supplemental Disclosures of Non-Cash Investing and Financing Activities:      
Property and equipment purchased with accounts payable 219 $ 140 $ 47
Property and equipment acquired through a capital lease $ 123