Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows

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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows From Operating Activities:    
Net income (loss) $ 36 $ 3,787
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation of property and equipment 1,117 1,103
Amortization of intangible assets 772 889
Amortization of debt issuance costs 77 64
(Gain) loss on disposition of assets (3) 31
Noncash lease expense 171 159
Stock-based compensation 613 785
Deferred income taxes 4 162
Changes in operating assets and liabilities:    
Accounts receivable 2,568 (1,921)
Inventories 4,061 2,589
Prepaid and other assets (1,103) (295)
Accounts payable and accrued liabilities (4,675) (1,655)
Income taxes (139) 7
Net cash provided by (used in) operating activities 3,499 5,705
Cash Flows From Investing Activities:    
Proceeds from disposition of property and equipment 3 1
Purchase of property and equipment (1,302) (1,046)
Net cash provided by (used in) investing activities (1,299) (1,045)
Cash Flows From Financing Activities:    
Proceeds from revolving credit facilities 20,160 51,941
Repayments on revolving credit facilities (10,767) (55,732)
Repayments of financing and capital leases   (31)
Cash dividends paid (744) (746)
Net cash provided by (used in) financing activities 8,649 (4,568)
Effect of foreign exchange rates on cash 244 (56)
Change in cash 11,093 36
Cash, beginning of period 1,703 2,486
Cash, end of period 12,796 2,522
Supplemental Disclosure of Cash Flow Information:    
Cash paid (received) for income taxes 182 75
Cash paid for interest 252 258
Supplemental Disclosures of Non-Cash Investing and Financing Activities:    
Property and equipment purchased with accounts payable 94 145
Lease liabilities arising from obtaining right of use assets $ 80 $ 1,516