v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net (loss) income $ (24,250) $ 22
Adjustments to reconcile net (loss) income to net cash used for operating activities:    
Depreciation and amortization 17,073 15,871
Restructuring and impairment expenses 25,142 0
Deferred income tax provision (benefit) 1,212 (793)
Loss on fixed asset and investment sale 64 40
Stock-based compensation 565 (925)
Issuance of stock under 401(k) plan 419 396
Foreign currency (gain) loss (2,342) 2,759
(Increase) decrease in assets:    
Accounts receivable (98,797) (97,101)
Inventories 3,438 (5,339)
Prepaid and other current assets 624 (2,358)
Other assets (4,851) (1,443)
Increase (decrease) in liabilities:    
Accounts payable 25,450 51,188
Other current liabilities 9,162 (1,154)
Other liabilities 565 246
Net cash used for operating activities (46,526) (38,591)
Cash flows from investing activities:    
Capital expenditures (13,250) (15,027)
Proceeds from sale of fixed assets 116 199
Net cash used for investing activities (13,134) (14,828)
Cash flows from financing activities:    
Proceeds from borrowings 59,247 26,606
Repayments of debt (32,893) (8,013)
Other financing activities (160) 21
Net cash provided by financing activities 26,194 18,614
Effect of exchange rate changes on cash 1,849 13,261
Net decrease in cash and cash equivalents (31,617) (21,544)
Cash and cash equivalents, beginning of period 202,879 195,974
Cash and cash equivalents, end of period 171,262 174,430
Supplemental information:    
Interest paid 3,396 3,209
Income taxes paid, net of refunds received $ 2,137 $ 3,421