| Dec'19 | Dec'18 | Dec'17 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||||
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | |||||||||||
15,619 | -21,479 | -9,322 | -9,322 | -5,207 | -2,278 | 673 | 5,556 | -653 | 1,272 | -4,373 | -41,859 |
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | |||||||||||
-348 | 95 | -233 | -233 | -131 | -148 | -608 | -266 | -274 | -286 | -281 | -382 |
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | |||||||||||
- | - | 0 | - | 60 | 0 | -1,467 | 0 | 0 | - | - | - |
Net income (loss) | |||||||||||
15,271 | -21,384 | -9,555 | -9,555 | -5,278 | -2,426 | -1,402 | 5,290 | -927 | 986 | -4,654 | -42,241 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
11,440 | 12,653 | 12,947 | 12,947 | 13,515 | 14,119 | 12,850 | 10,230 | 9,396 | 9,649 | 11,575 | 13,504 |
Discontinued operations | |||||||||||
- | - | - | - | - | - | 59 | 32 | 0 | - | - | - |
Provision (benefit) for deferred income taxes | |||||||||||
487 | 537 | -8,181 | -8,181 | 3,260 | 730 | -264 | 1,037 | 643 | 254 | 2,498 | 2,051 |
Net loss (gain) on property, plant and equipment disposals | |||||||||||
25,281 | 1,047 | -170 | -170 | -725 | 114 | -11 | -195 | 186 | -37 | -22 | -72 |
Impairment of assets | |||||||||||
- | - | - | - | - | - | 1,133 | 0 | 0 | - | - | - |
Impairment of assets | |||||||||||
0 | 1,164 | - | 0 | 0 | - | 2,363 | 0 | - | - | - | - |
Impairment of goodwill and intangibles | |||||||||||
0 | 5,545 | - | 0 | 0 | - | - | - | - | - | - | - |
Discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | - |
Gain on purchase of businesses | |||||||||||
- | - | - | - | - | - | 11,110 | 0 | 0 | - | - | - |
Gain on sale of available-for-sale securities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 292 |
Stock-based compensation (credit) expense | |||||||||||
483 | -29 | 940 | 940 | 1,324 | 1,406 | 1,195 | 847 | 937 | 663 | 888 | 1,193 |
Excess tax benefits from stock-based compensation | |||||||||||
- | - | 0 | - | 3 | 318 | 379 | 151 | 0 | 0 | - | - |
Bad debt expense | |||||||||||
240 | 163 | 70 | 70 | 38 | 146 | 399 | 40 | - | - | - | - |
Impairment of assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,459 |
Impairment of goodwill | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 31,406 |
Write-off of deferred financing costs | |||||||||||
- | - | - | - | - | - | - | 94 | 0 | 92 | 0 | 133 |
Changes in operating assets and liabilities: | |||||||||||
Receivables | |||||||||||
-5,164 | -3,775 | 2,945 | 2,945 | -7,163 | 335 | 1,686 | 11,519 | 3,296 | -2,204 | 2,400 | -6,826 |
Inventories | |||||||||||
-9,686 | -8,462 | 16,420 | 16,420 | -17,909 | 10,939 | -743 | 19,283 | 8,115 | 5,650 | 3,133 | -20,011 |
Prepaids and other current assets | |||||||||||
975 | 535 | -776 | -776 | 1,014 | -751 | -679 | 878 | 2,506 | 313 | -685 | - |
Other current assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1 |
Other assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 2,545 |
Accounts payable and accrued expenses | |||||||||||
-3,678 | -4,198 | -3,161 | -3,161 | -6,827 | 7,606 | -925 | 11,642 | 1,455 | -1,724 | 4,546 | -2,208 |
Other operating assets and liabilities | |||||||||||
176 | -1,073 | 609 | 609 | 371 | 557 | 733 | 1,423 | 827 | 636 | 1,113 | - |
Other liabilities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,244 |
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES | |||||||||||
11,687 | 5,105 | -9,606 | -9,606 | 23,921 | 8,609 | 3,461 | -5,921 | -4,712 | 5,054 | 3,918 | 26,510 |
CASH FLOWS FROM INVESTING ACTIVITIES | |||||||||||
Net proceeds from sales of property, plant and equipment | |||||||||||
37,205 | 1,856 | 0 | 0 | 1 | 68 | 473 | 48 | 187 | 5 | 10 | 1,925 |
Deposits on property, plant and equipment | |||||||||||
- | - | - | - | - | - | 1,184 | 0 | 0 | - | - | - |
Purchase of property, plant and equipment | |||||||||||
4,235 | 4,052 | 12,724 | 12,724 | 4,904 | 6,826 | 9,492 | 11,438 | 3,386 | 6,740 | 1,771 | 2,436 |
Proceeds from sale of equity investment | |||||||||||
- | - | - | - | - | - | 870 | 0 | 0 | - | - | - |
Proceeds from sale of assets held for sale | |||||||||||
- | - | - | - | - | - | 5,501 | 0 | 0 | - | - | - |
Net cash paid in business acquisitions | |||||||||||
- | - | - | - | - | - | 17,739 | 2,170 | 1,197 | 0 | 0 | - |
Net proceeds from sale of available-for-sale securities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 292 |
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES | |||||||||||
32,970 | -2,196 | -12,724 | -12,724 | -4,903 | -6,758 | -21,571 | -13,560 | -4,396 | -6,735 | -1,761 | -219 |
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||||
Payments on previous term loan | |||||||||||
- | - | - | - | - | - | - | - | - | 11,324 | 1,506 | 1,506 |
Net borrowings (payments) on revolving credit facility | |||||||||||
-39,524 | 1,512 | 27,125 | 27,125 | -9,986 | -2,328 | -2,378 | 25,152 | 7,316 | 52,806 | 0 | 0 |
Net (payments) borrowings on revolving credit facility | |||||||||||
- | - | - | - | - | - | - | - | - | -30,503 | 5,225 | -17,511 |
Borrowings on notes payable - buildings | |||||||||||
- | - | 0 | - | - | 6,290 | 0 | 0 | - | 11,063 | 0 | 0 |
Payments on notes payable - buildings | |||||||||||
-5,475 | -731 | -731 | -731 | -731 | -705 | -35 | -10,141 | 0 | -5,736 | -286 | -266 |
Payments on notes payable - buildings | |||||||||||
- | - | - | - | - | - | - | - | 737 | 185 | 0 | 0 |
Payments on notes payable related to acquisitions | |||||||||||
0 | 791 | 1,920 | 1,920 | 1,924 | 1,840 | 1,761 | 852 | 161 | 0 | 0 | - |
Borrowings on notes payable - equipment and other | |||||||||||
1,379 | 3,273 | 7,612 | 7,612 | 2,674 | 1,923 | 5,193 | 6,741 | 5,003 | 1,794 | 0 | 0 |
Payments on notes payable - equipment and other | |||||||||||
3,375 | 4,260 | 4,145 | 4,145 | 4,653 | 4,387 | 3,017 | 2,063 | 1,293 | 2,660 | 2,766 | 3,167 |
Borrowings on finance leases | |||||||||||
11,500 | 0 | - | 0 | - | - | - | - | - | - | - | - |
Payments on finance leases | |||||||||||
4,166 | 4,617 | 3,921 | 3,921 | 3,171 | 2,742 | 1,539 | 688 | 204 | 360 | 1,123 | 1,393 |
Borrowings on notes payable | |||||||||||
- | - | - | - | - | - | - | - | 795 | 733 | 748 | 763 |
Payments on notes payable | |||||||||||
- | - | - | - | - | - | - | - | 746 | 609 | 487 | 486 |
Payments on subordinated indebtedness | |||||||||||
- | - | - | - | - | - | - | - | - | 12,162 | 2,500 | 2,500 |
Change in outstanding checks in excess of cash | |||||||||||
-3,141 | 2,762 | -1,695 | -1,695 | -932 | 1,816 | -2,683 | 1,350 | -205 | 366 | 784 | -230 |
Proceeds from equity offering, net of issuance costs | |||||||||||
- | - | - | - | - | - | 24,559 | 0 | 0 | - | - | - |
Proceeds from exercise of stock options | |||||||||||
- | - | 0 | - | - | 275 | 192 | 190 | 0 | 0 | - | - |
Repurchases of Common Stock | |||||||||||
827 | 58 | 116 | 116 | 152 | 584 | 497 | 207 | 199 | 131 | 58 | 37 |
Excess tax benefits from stock-based compensation | |||||||||||
- | - | 0 | - | 3 | 318 | 379 | 151 | 0 | 0 | - | - |
Payments for debt issuance costs | |||||||||||
277 | 0 | 0 | 0 | 287 | 0 | 164 | 388 | 268 | 1,357 | 0 | 15 |
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES | |||||||||||
-43,906 | -2,910 | 22,209 | 22,209 | -19,159 | -1,964 | 18,249 | 19,245 | 9,301 | 1,735 | -1,969 | -26,348 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | |||||||||||
751 | -1 | -121 | -121 | -141 | -113 | 139 | -236 | 193 | 54 | 188 | -57 |
SUPPLEMENTAL CASH FLOW INFORMATION: | |||||||||||
Right-of-use assets obtained in exchange for new finance lease liabilities | |||||||||||
52 | 0 | - | 0 | - | - | - | - | - | - | - | - |
Equipment purchased under notes payable | |||||||||||
- | - | - | - | - | - | - | -3,749 | -5,500 | 0 | 0 | - |
Equipment purchased under capital leases | |||||||||||
0 | 223 | 621 | 621 | 169 | 496 | 10,078 | 1,865 | 666 | 14 | 127 | 0 |
Equipment purchased under notes payable | |||||||||||
0 | 0 | 59 | 59 | 0 | 2,850 | 4,925 | 0 | 0 | - | - | - |
Right-of-use assets obtained in exchange for new operating lease liabilities | |||||||||||
18,167 | 0 | - | 0 | - | - | - | - | - | - | - | - |
Deposits utilized on purchased equipment, net | |||||||||||
- | - | 0 | - | - | 1,857 | 0 | 0 | - | - | - | - |
Building purchased under notes payable | |||||||||||
- | - | - | - | - | - | 8,330 | 0 | 0 | - | - | - |
Assets acquired in acquisitions, net of cash acquired | |||||||||||
- | - | - | - | - | - | 36,649 | 8,062 | 9,184 | 0 | 0 | - |
Liabilities assumed in acquisitions | |||||||||||
- | - | - | - | - | - | 6,397 | -836 | -42 | 0 | 0 | - |
Accrued consideration for working capital adjustment in acquisitions | |||||||||||
- | - | - | - | - | - | 216 | 1,307 | -2,445 | - | - | - |
Accrued consideration for holdbacks in acquisition | |||||||||||
- | - | - | - | - | - | 887 | 0 | 0 | 0 | 0 | - |
Deposits on property, plant & equipment financed | |||||||||||
- | - | - | - | - | - | -965 | 0 | 0 | - | - | - |
Accrued purchases of equipment | |||||||||||
188 | 166 | 179 | 179 | 258 | 200 | 0 | 0 | - | - | - | - |
Shortfall of tax benefits from stock-based compensation | |||||||||||
- | - | 0 | - | -192 | -102 | -607 | 0 | 0 | - | - | - |
Note receivable on sale of equipment | |||||||||||
- | - | 0 | - | - | 93 | 0 | 0 | - | - | - | - |