v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 4,607 $ 722
Adjustments to reconcile net income to cash used in operating activities:    
Deferred income taxes 1,553 2,585
Depreciation 4,411 4,572
Amortization 1,236 1,962
Inventory and fixed asset exit costs (Note 2) 1,059 655
Equity in income of nonconsolidated investments 0 (54)
Stock-based compensation 3,263 2,111
Change in operating assets and liabilities:    
Accounts receivable 3,746 (5,489)
Contract assets 2,580 4,750
Inventories (10,590) (4,892)
Other current assets (3,281) (2,549)
Other noncurrent assets 2,272 (4,581)
Accounts payable (2,467) (9,981)
Deferred revenue 3,167 (1,410)
Accrued payroll and employee benefits (1,123) (7,733)
Other current liabilities (1,021) (1,081)
Other long-term liabilities (1,990) 4,679
Net cash provided by (used in) operating activities 7,422 (15,734)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the sale of property, plant, and equipment 0 49
Capital expenditures on property, plant, and equipment (6,521) (5,248)
Net cash used in investing activities (6,521) (5,199)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of debt (173,127) (129,272)
Proceeds from debt 178,398 161,612
Debt issuance costs 0 (706)
Treasury stock acquisitions (4,263) (8,384)
Deferred payment for Skratch acquisition (403) (782)
Net cash provided by financing activities 605 22,468
Effect of exchange rate changes on cash and cash equivalents (71) 197
Net increase in cash and cash equivalents 1,435 1,732
Cash and cash equivalents at beginning of period 4,348 2,454
Cash and cash equivalents at end of period 5,783 4,186
Supplemental disclosure of cash flow information:    
Interest paid 1,654 2,417
Income taxes paid $ 1,236 $ 828