v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net income $ 7,278 $ 114
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation 10,936 11,100
Amortization of purchased intangible assets 13,069 14,290
Amortization of deferred debt issuance costs 703 710
Stock-based compensation 2,464 4,376
Bad debt expense 95 1,025
Deferred income taxes 418 (7)
Asset impairments 0 296
Other, net (761) 905
Change in:    
Accounts receivable, net (16,664) (551)
Inventories (28,589) 14,495
Prepaid expenses and other 9,716 14,250
Accounts payable 10,277 610
Contract liabilities 2,297 (9,432)
Accrued expenses and other liabilities (4,069) (13,841)
Net cash provided by operating activities 7,170 38,340
Cash flows from investing activities:    
Acquisition of property, plant and equipment (4,364) (10,943)
Proceeds from property, plant and equipment reimbursements 1,498 3,682
Proceeds on sale of property, plant and equipment 345 47
Proceeds from settlement of note receivable 0 4,167
Net cash used in investing activities (2,521) (3,047)
Cash flows from financing activities:    
Repayments on term loan (2,500) (1,875)
Borrowings on revolving loans 176,275 99,159
Repayments on revolving loans (173,075) (111,805)
Payment of debt issuance costs 0 (650)
Distributions to redeemable noncontrolling interest holder 0 (6,400)
Treasury stock purchases (460) (578)
Net cash provided by (used in) financing activities 240 (22,149)
Effects of exchange rates on cash 1,170 (1,021)
Net increase in cash and cash equivalents 6,059 12,123
Cash and cash equivalents, beginning of the period 31,898 14,289
Cash and cash equivalents, end of the period $ 37,957 $ 26,412