v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 7,419 $ 42,843
Adjustments to reconcile net income to cash provided by operating activities:    
Deferred income taxes 8,369 (29,145)
Depreciation 9,143 9,452
Amortization 3,311 4,628
Inventory and fixed asset impairments 1,445 0
Equity (income) loss in nonconsolidated investment (65) 14
Gain on sales and disposals of property, plant, and equipment 0 (4,431)
Stock-based compensation 5,056 3,834
Change in operating assets and liabilities:    
Accounts receivable (14,766) (12,262)
Contract assets 11,059 12,433
Inventories 9,581 2,376
Other current assets 1,768 924
Other noncurrent assets 4,747 (3,437)
Accounts payable 2,010 10,399
Deferred revenue (4,479) (2,230)
Accrued payroll and employee benefits (4,157) (1,469)
Accrued settlement 0 (8,000)
Other current liabilities 1,007 (6,703)
Other liabilities (5,829) 3,406
Net cash provided by operating activities 35,619 22,632
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the sale of property, plant, and equipment 51 3,895
Capital expenditures on property, plant, and equipment (10,424) (9,791)
Acquisitions, net of cash acquired 0 (416)
Net cash used in investing activities (10,373) (6,312)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of debt (313,545) (230,640)
Proceeds from debt 308,005 222,646
Debt issuance costs (706) 0
Treasury stock acquisitions (16,511) (8,237)
Deferred payment for Skratch acquisition (782) 0
Net cash used in financing activities (23,539) (16,231)
Effect of exchange rate changes on cash and cash equivalents 187 (195)
Net increase (decrease) in cash and cash equivalents 1,894 (106)
Cash and cash equivalents at beginning of period 2,454 2,560
Cash and cash equivalents at end of period 4,348 2,454
Supplemental disclosure of cash flow information:    
Net interest paid 4,924 4,659
Net income taxes paid $ 1,631 $ 1,628