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, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flows From Operating Activities:      
Net (loss) income $ (8,978) $ (77,542) $ 14,007
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:      
Depreciation of property and equipment 2,264 3,462 4,292
Amortization of intangible assets 1,075 2,111 3,202
Impairment of goodwill   29,507  
Impairment of long-lived assets     2,056
Gain on sale of discontinued operation   (8,436) (39,491)
Accretion of notes payable 1,842 1,537 1,337
Gain on sale of marketable securities (241)    
(Gain) loss on disposition of assets (5) 183 46
Loss (gain) from removal of accumulated translation adjustment 263 (500)  
Stock-based compensation 227 449 1,853
Deferred income taxes (512) 50,174 4,977
Changes in operating assets and liabilities:      
Accounts receivable 2,765 1,726 (7,866)
Inventories 5,382 (558) (20,685)
Prepaid and other assets 2,831 (191) 1,583
Accounts payable and accrued liabilities (4,114) (3,248) 5,424
Income taxes 1,611 4,889  
Other 400 106 590
Net cash provided by (used in) operating activities 4,810 3,669 (28,675)
Cash Flows From Investing Activities:      
Purchase of marketable securities     (9,994)
Proceeds from the sales of marketable securities 10,235    
(Payments) proceeds related to the sale of POC and Gregory Mountain Products (921) 60,875 81,140
Proceeds from disposition of property and equipment 22 335 12
Purchase of property and equipment (2,566) (2,804) (2,879)
Net cash provided by investing activities 6,770 58,406 68,279
Cash Flows From Financing Activities:      
Net proceeds from (repayments of) revolving credit facilities   2,202 (6,456)
Repayments of long-term debt   (21) (9,453)
Proceeds from issuance of long-term debt   43  
Purchase of treasury stock (5,222) (6,990) (184)
Proceeds from exercise of stock options   264 1,558
Excess tax benefits from share-based payment arrangements     1,684
Net cash used in financing activities (5,222) (4,502) (12,851)
Effect of foreign exchange rates on cash (21) (206) (197)
Change in cash 6,337 57,367 26,556
Cash, beginning of period 88,401 31,034 4,478
Cash, end of period 94,738 88,401 31,034
Supplemental Disclosure of Cash Flow Information:      
Cash (received) paid for income taxes (426) (7,614) 10,355
Cash paid for interest 1,238 1,344 2,087
Supplemental Disclosures of Non-Cash Investing and Financing Activities:      
Property and equipment purchased with accounts payable $ 47 $ 28 $ 567