v3.10.0.1
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) $ 2,640 $ (396) $ (6,142)
Adjustments to reconcile net income (loss) to net cash provided by operating activities, net of business acquisition:      
Depreciation 15,804 15,596 15,937
Impairment/loss on sale of assets 404 253 3,464
Loss on sale of business 0 1,058 0
Amortization of intangible assets 5,928 6,995 7,272
Loss on extinguishment of debt 0 0 1,099
Amortization of debt issue costs 542 440 3,497
Stock based compensation 6,955 6,441 5,438
Changes in assets and liabilities, net of business acquisition:      
(Increase) decrease in accounts receivable, net of write-offs 209 (5,594) (6,569)
(Increase) decrease in inventories 734 (1,423) (1,145)
(Increase) decrease in other assets 96 (29) (44)
(Increase) decrease in other current assets (1,448) (446) 165
Increase (decrease) in accounts payable and other liabilities 12,922 (4,858) (1,495)
Net cash provided by operating activities 44,786 18,037 21,477
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition, net of cash acquired (125,377) 0 1,035
Purchases of property and equipment (14,310) (13,690) (7,536)
Net cash used in investing activities (139,687) (13,690) (6,501)
CASH FLOWS FROM FINANCING ACTIVITIES      
(Payments) advances from revolving credit facility, net (20,400) 2,496 12,856
Repayment of capital lease obligations (6,563) (5,424) (5,293)
Proceeds from term loan 30,000 0 75,000
Redemption of preferred stock (50,096) 0 (55,000)
Repayment of term loan (4,500) (3,753) (55,000)
Payments of debt issue costs (576) 0 (2,202)
Issuance of common stock, net 144,094 2,586 3,768
Net cash (used in) provided by financing activities 91,959 (4,095) (25,871)
Effects of foreign exchange rate changes on cash and cash equivalents (68) 44 0
Net increase (decrease) in cash and cash equivalents (3,010) 296 (10,895)
Cash and cash equivalent, beginning of year 12,821 12,525 23,420
Cash and cash equivalents, end of year 9,811 12,821 12,525
Supplemental disclosure of cash flow information:      
Interest paid 6,511 5,155 5,423
Income taxes paid (refunded), net (31) 284 290
Supplemental disclosure of non-cash investing and financing information:      
Equipment acquired under capital lease/loan obligations 7,569 5,728 6,057
Fair value of common stock issued to fund acquisition 13,243 0 0
Fair value of restricted stock issued to fund purchase of customer list $ 0 $ 4,095 $ 0

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