v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (9,073) $ 1,338
Adjustments to reconcile net income to cash flows from operating activities from continuing operations:    
Depreciation and amortization 7,235 8,974
Noncash amortization of debt financing costs 142 151
Share-based compensation expense 1,751 2,013
Deferred income taxes 0 121
Non-cash (income) on derivative contracts (820) (475)
Loss on extinguishment of debt 460 0
Change in other operating items:    
Accounts receivable 13,396 (5,555)
Inventories 12,636 (5,456)
Prepaid expenses (3,146) (3,688)
Accounts payable 2,096 24,414
Other operating activities, net 9,364 (11,605)
Net cash provided by operating activities 34,041 10,232
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (5,271) (11,266)
Proceeds from sale of business 0 3,200
Net cash (used in) investing activities (5,271) (8,066)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under Term Loan due 2030 95,000 0
Repayment of Prior Term Loan due 2027 (85,000) (6,563)
Borrowings under prior revolving credit facility 0 24,500
Repayment of prior revolving credit facility (50,500) (17,500)
Borrowings under ABL revolving credit facility due 2030 30,300 0
Borrowings under China credit facility 4,186 0
Surrender of shares to pay withholding taxes (10) (20)
Debt extinguishment payments 0 0
Debt issuance and amendment costs (6,127) 0
Other financing activities (68) (62)
Net cash provided by (used in) financing activities (12,219) 355
EFFECT OF CURRENCY EXCHANGE RATE CHANGES ON CASH 2,109 (1,028)
NET INCREASE IN CASH 18,660 1,493
CASH:    
Beginning of period 26,630 37,848
End of period $ 45,290 $ 39,341