|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$6.0m
|
$1.6m
|
$5.8m
|
$7.4m
|
$11.5m
|
$12.9m
|
$3.1m
|
$2.5m
|
$2.9m
|
$9.8m
|
|
Depreciation, Depletion and Amortization
|
|
$1.9m
|
$1.6m
|
$1.3m
|
$1.9m
|
$2.8m
|
$3.5m
|
$3.3m
|
$3.6m
|
$3.6m
|
$3.2m
|
|
Depreciation
|
|
$1.8m
|
$1.5m
|
$1.2m
|
$1.8m
|
$2.6m
|
$3.3m
|
$3.1m
|
$3.4m
|
$3.4m
|
$3.1m
|
|
Amortization of Debt Issuance Costs
|
|
$232k
|
$12k
|
$11k
|
$6k
|
$7k
|
$0
|
$0
|
—
|
$7k
|
$32k
|
|
Amortization of Intangible Assets
|
|
$100k
|
$100k
|
$100k
|
$100k
|
$100k
|
$100k
|
$100k
|
$100k
|
$100k
|
$100k
|
|
Deferred Income Tax Expense (Benefit)
|
|
($2.6m)
|
($669k)
|
$817k
|
$570k
|
$370k
|
$952k
|
($116k)
|
($1.7m)
|
($1.3m)
|
($1.7m)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$2.6m
|
$2.6m
|
$3.2m
|
$5.5m
|
$4.9m
|
$2.0m
|
$1.8m
|
$3.2m
|
$3.3m
|
$5.7m
|
|
Payment, Tax Withholding, Share-based Payment Arrangement
|
|
—
|
$0
|
$0
|
$3.2m
|
$6.2m
|
$1.4m
|
$246k
|
$201k
|
$1.2m
|
$2.7m
|
|
Share-based Payment Arrangement, Expense
|
|
$1.7m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Impairment of Intangible Assets (Excluding Goodwill)
|
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property
|
|
($1.2m)
|
($12k)
|
($6k)
|
$0
|
$3k
|
$7k
|
$0
|
—
|
—
|
—
|
|
Gain (Loss) on Disposition of Intangible Assets
|
|
$1.2m
|
($350k)
|
$0
|
$0
|
$0
|
($7k)
|
$0
|
$33k
|
$2k
|
($4k)
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
($1.2m)
|
$0
|
$0
|
—
|
—
|
$7k
|
$0
|
($33k)
|
($2k)
|
$4k
|
|
Income Tax Expense (Benefit)
|
|
$2.7m
|
$1.3m
|
$3.8m
|
$1.8m
|
$3.1m
|
$4.3m
|
$1.6m
|
$1.5m
|
$1.4m
|
$2.4m
|
|
Operating Lease, Expense
|
|
—
|
—
|
—
|
—
|
$2.7m
|
$3.6m
|
$3.2m
|
—
|
—
|
—
|
|
Other Nonoperating Income (Expense)
|
|
($1.4m)
|
($969k)
|
($319k)
|
($261k)
|
($685k)
|
($366k)
|
($669k)
|
($458k)
|
($412k)
|
($387k)
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
($1.8m)
|
($160k)
|
$730k
|
($14k)
|
$539k
|
$265k
|
$614k
|
($1.6m)
|
$1.4m
|
$242k
|
|
Increase (Decrease) in Inventories
|
|
$15.7m
|
($8.3m)
|
($3.0m)
|
$64k
|
$152k
|
$2.1m
|
$1.2m
|
($61k)
|
($662k)
|
$5.2m
|
|
Increase (Decrease) in Accounts Payable
|
|
$3.7m
|
($6.2m)
|
($1.0m)
|
$1.4m
|
($1.6m)
|
$3.2m
|
$824k
|
($4.0m)
|
$2.3m
|
($1.3m)
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
($11k)
|
($182k)
|
($92k)
|
($121k)
|
($434k)
|
$201k
|
($646k)
|
($373k)
|
($429k)
|
($380k)
|
|
Gain (Loss) on Sale of Derivatives
|
|
($212k)
|
($292k)
|
($175k)
|
($287k)
|
($368k)
|
($571k)
|
($64k)
|
$0
|
—
|
—
|
|
Nonoperating Income (Expense)
|
|
($4.7m)
|
($1.5m)
|
($775k)
|
($584k)
|
($805k)
|
($383k)
|
($2.9m)
|
($260k)
|
$18k
|
$44k
|
|
Operating Expenses
|
|
$159.2m
|
$161.6m
|
$158.0m
|
$178.2m
|
$179.5m
|
$164.4m
|
$160.7m
|
$165.8m
|
$154.4m
|
$171.5m
|
|
Payments of Financing Costs
|
|
$99k
|
$0
|
$60k
|
$0
|
$0
|
—
|
—
|
—
|
$97k
|
$0
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$6.0m
|
$6.6m
|
$13.3m
|
$17.8m
|
$18.3m
|
$16.3m
|
$8.0m
|
$6.8m
|
$12.2m
|
$11.9m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$562k
|
$1.1m
|
$4.6m
|
$2.5m
|
$2.7m
|
$3.7m
|
$1.5m
|
$3.1m
|
$2.2m
|
$1.4m
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($562k)
|
($1.1m)
|
($4.6m)
|
($4.5m)
|
($2.7m)
|
($3.7m)
|
($1.5m)
|
($3.1m)
|
($2.2m)
|
($1.4m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Long-term Debt
|
|
$10.0m
|
$0
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Repayments of Long-term Debt
|
|
$22.1m
|
$2.0m
|
$2.0m
|
$4.0m
|
$1.5m
|
$0
|
$0
|
—
|
—
|
—
|
|
Payments for Repurchase of Common Stock
|
|
$0
|
$0
|
$1.5m
|
$4.7m
|
$5.4m
|
$11.9m
|
$8.8m
|
$822k
|
$6.4m
|
$3.1m
|
|
Dividends paid
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$378k
|
$1.6m
|
$6.9m
|
$2.1m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($11.7m)
|
($2.0m)
|
($3.5m)
|
($11.1m)
|
($12.4m)
|
($11.5m)
|
($9.0m)
|
($2.4m)
|
($14.4m)
|
($7.6m)
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
$10k
|
$91k
|
($50k)
|
($461k)
|
$3k
|
($254k)
|
$402k
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
$3.6m
|
—
|
$2.2m
|
$3.3m
|
$1.0m
|
($3.0m)
|
$1.4m
|
($4.7m)
|
$3.3m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
$18.8m
|
$22.1m
|
$23.2m
|
$20.2m
|
$21.6m
|
$16.9m
|
$20.2m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$1.3m
|
$438k
|
$345k
|
$227k
|
$44k
|
$17k
|
$10k
|
$5k
|
$21k
|
$2k
|