|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
($8.0m)
|
($18.1m)
|
($10.4m)
|
($8.7m)
|
($9.3m)
|
($15.0m)
|
($32.0m)
|
($62.8m)
|
($5.9m)
|
$3.7m
|
|
Depreciation, Depletion and Amortization
|
|
$4.0m
|
$3.7m
|
$3.8m
|
$4.4m
|
$4.3m
|
$5.6m
|
$7.4m
|
$8.1m
|
$6.2m
|
$4.0m
|
|
Amortization of Deferred Charges
|
|
—
|
—
|
$1.5m
|
$1.4m
|
$1.3m
|
$1.4m
|
$1.9m
|
$1.2m
|
$2.1m
|
$1.7m
|
|
Amortization of Intangible Assets
|
|
$1.7m
|
$1.5m
|
$1.6m
|
$1.6m
|
$610k
|
$940k
|
$946k
|
$982k
|
$610k
|
$305k
|
|
Depreciation
|
|
$2.3m
|
$2.2m
|
$2.2m
|
$2.8m
|
$3.7m
|
$4.6m
|
$6.4m
|
$5.5m
|
$5.6m
|
$4.0m
|
|
Deferred Income Tax Expense (Benefit)
|
|
$242k
|
($34k)
|
$20k
|
($236k)
|
$97k
|
$420k
|
$0
|
$0
|
$601k
|
$593k
|
|
Share-based Payment Arrangement, Expense
|
|
$5.1m
|
$3.4m
|
$2.9m
|
$3.4m
|
$5.2m
|
$8.0m
|
$9.2m
|
$8.8m
|
$6.0m
|
$5.0m
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.6m
|
—
|
—
|
|
Impairment of Intangible Assets (Excluding Goodwill)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$870k
|
—
|
—
|
|
Gain (Loss) on Extinguishment of Debt
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($1.4m)
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
($24k)
|
($27k)
|
($39k)
|
—
|
($18k)
|
$0
|
$0
|
—
|
—
|
($255k)
|
|
Income Tax Expense (Benefit)
|
|
$2.2m
|
$1.6m
|
$2.4m
|
$1.6m
|
$2.2m
|
$1.9m
|
$1.9m
|
$1.1m
|
$1.8m
|
$1.2m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Noncash investing and financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$284k
|
($1.4m)
|
$3.4m
|
$2.9m
|
($8.3m)
|
$16.8m
|
$11.6m
|
($34.3m)
|
$1.7m
|
$969k
|
|
Increase (Decrease) in Inventories
|
|
($2.9m)
|
$662k
|
$3.4m
|
$253k
|
$1.9m
|
($1.5m)
|
$2.2m
|
($1.4m)
|
($3.3m)
|
$4.6m
|
|
Increase (Decrease) in Accounts Payable
|
|
($3.8m)
|
$2.6m
|
$1.9m
|
$3.9m
|
($9.6m)
|
$1.8m
|
$7.7m
|
($10.7m)
|
($24k)
|
($8k)
|
|
Accounts Receivable, Credit Loss Expense (Reversal)
|
|
—
|
—
|
—
|
—
|
($1.9m)
|
($293k)
|
($823k)
|
($22.6m)
|
($190k)
|
($67k)
|
|
Proceeds from Stock Options Exercised
|
|
$113k
|
$362k
|
$418k
|
$993k
|
$1.8m
|
$2.8m
|
$251k
|
$0
|
$1k
|
$238k
|
|
Purchases of property and equipment, accrued but unpaid
|
|
$1.6m
|
$2.8m
|
$3.5m
|
$3.7m
|
$7.6m
|
$7.6m
|
$5.6m
|
$2.5m
|
$2.1m
|
$2.3m
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
($286k)
|
$1.8m
|
($1.5m)
|
($534k)
|
($1.2m)
|
($1.3m)
|
($1.5m)
|
$42k
|
$862k
|
—
|
|
Foreign Currency Transaction Gain (Loss), Realized
|
|
—
|
—
|
$305k
|
—
|
$231k
|
$0
|
$292k
|
$214k
|
$0
|
$0
|
|
Gain (Loss) on Investments
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$193k
|
|
Gain (Loss) on Termination of Lease
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($83k)
|
|
General and Administrative Expense
|
|
$9.8m
|
$10.7m
|
$10.4m
|
$6.7m
|
$13.9m
|
$15.1m
|
$16.0m
|
$34.7m
|
$12.7m
|
$13.6m
|
|
Goodwill
|
|
$31.6m
|
$31.6m
|
$32.4m
|
$31.7m
|
$31.7m
|
$31.7m
|
$31.8m
|
$31.8m
|
$31.8m
|
$31.8m
|
|
Inventory Write-down
|
|
$1.0m
|
$1.3m
|
$2.2m
|
$629k
|
$1.9m
|
$4.6m
|
$905k
|
$1.6m
|
$3.0m
|
($349k)
|
|
Nonoperating Income (Expense)
|
|
$1.1m
|
$894k
|
$2.2m
|
$2.0m
|
$1.9m
|
$339k
|
$2.1m
|
$3.2m
|
$1.9m
|
$2.6m
|
|
Operating Expenses
|
|
$69.3m
|
$70.9m
|
$76.7m
|
$85.2m
|
$104.9m
|
$114.6m
|
$115.2m
|
$117.6m
|
$69.7m
|
$68.9m
|
|
Restructuring Costs
|
|
$1.3m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
($3.5m)
|
($228k)
|
$1.0m
|
$16.1m
|
($12.2m)
|
($8.4m)
|
($32.6m)
|
($29.7m)
|
$4.8m
|
$17.8m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$1.6m
|
$2.8m
|
$3.5m
|
$3.7m
|
$7.6m
|
$7.6m
|
$5.6m
|
$2.5m
|
$2.1m
|
$2.3m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
—
|
—
|
($3.0m)
|
—
|
—
|
—
|
$500k
|
$0
|
$0
|
—
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
—
|
($8.1m)
|
($453k)
|
($16.5m)
|
$17.1m
|
($6.3m)
|
($6.5m)
|
$31.6m
|
($2.9m)
|
($28.5m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments for Repurchase of Common Stock
|
|
$3.8m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($3.7m)
|
$362k
|
$418k
|
$993k
|
$1.8m
|
$2.8m
|
$39.7m
|
$0
|
$1k
|
$11.1m
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$565k
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
—
|
—
|
$594k
|
$6.7m
|
($11.9m)
|
$578k
|
$1.9m
|
$1.9m
|
$965k
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$12.3m
|
$14.2m
|
$16.1m
|
$17.1m
|
|
Restricted Cash and Investments, Current
|
|
—
|
—
|
$257k
|
$10.9m
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Taxes Paid, Net
|
|
$175k
|
$342k
|
$347k
|
$473k
|
$410k
|
$633k
|
$413k
|
$385k
|
$601k
|
$593k
|