| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-22,818 | -185,231 | 1,292 | -17,927 | |||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization | ||||||
10,436 | 17,837 | 27,651 | 25,567 | |||
Impairment | ||||||
7,919 | 227,543 | - | - | |||
Amortization of deferred loan cost | ||||||
312 | 334 | 444 | 740 | |||
Share-based compensation | ||||||
12,542 | 10,930 | 6,108 | 1,354 | |||
Provision for inventory obsolescence | ||||||
895 | 1,673 | - | 2,415 | |||
Deferred income tax (benefit) expense | ||||||
9,000 | -28,840 | -18,959 | -9,266 | |||
Loss (gain) on sale of property and equipment | ||||||
312 | -74 | 33 | 143 | |||
Foreign exchange (gain) loss on financing item | ||||||
- | - | 1,760 | -2,576 | |||
Write-off of deferred loan costs | ||||||
- | - | 1,422 | - | |||
Change in fair value of contingent consideration | ||||||
37 | -2,872 | 5,525 | - | |||
Provision for doubtful accounts | ||||||
3,500 | 304 | - | - | |||
Payment of contingent consideration | ||||||
3,042 | - | - | - | |||
Changes in operating assets and liabilities: | ||||||
Accounts receivable—trade | ||||||
-4,735 | 4,213 | 9,490 | 6,482 | |||
Inventories, net | ||||||
7,639 | 2,949 | 10,608 | -3,540 | |||
Prepaid expenses and other assets | ||||||
-488 | 624 | 114 | 119 | |||
Accounts payable—trade | ||||||
2,580 | 219 | -3,755 | 5,131 | |||
Accrued expenses | ||||||
-681 | -2,430 | 2,843 | 1,861 | |||
Other liabilities | ||||||
-1,606 | -620 | -247 | 1,209 | |||
Income taxes receivable/payable | ||||||
1,603 | -17,109 | 15,795 | 228 | |||
Net cash provided by (used in) operating activities | ||||||
17,949 | 14,026 | 16,114 | 10,684 | |||
Cash flows from investing activities | ||||||
Purchases of property and equipment | ||||||
6,123 | 11,134 | 5,366 | 1,157 | |||
Purchase and development of software and technology | ||||||
251 | 4,675 | 54 | - | |||
Proceeds from sales of property and equipment | ||||||
1,372 | 399 | 354 | 317 | |||
Proceeds from short-term note receivable | ||||||
- | - | -1,000 | 1,000 | |||
Acquisitions of businesses, net of cash acquired | ||||||
- | - | 81,155 | - | |||
Net cash used by investing activities | ||||||
-5,002 | -15,410 | -85,221 | -1,840 | |||
Cash flows from financing activities | ||||||
Equipment note borrowings | ||||||
835 | 1,988 | 1,533 | - | |||
Payments on equipment note and finance leases | ||||||
5,021 | 2,422 | 704 | - | |||
Line of credit borrowings | ||||||
- | - | 20,000 | - | |||
Promissory note borrowings | ||||||
- | 5,360 | 8,995 | - | |||
Payments on promissory note | ||||||
- | 8,673 | 5,682 | - | |||
Payments on revolver | ||||||
10,000 | - | - | - | |||
Payment of contingent consideration | ||||||
6,958 | - | - | - | |||
Payment of deferred loan cost related to senior secured revolving credit facility | ||||||
871 | - | 971 | - | |||
Payments related to public offering | ||||||
- | - | 2,178 | 242 | |||
Proceeds from related party note receivable | ||||||
- | - | 752 | - | |||
Repayment of term note | ||||||
- | - | 89,077 | - | |||
Proceeds from issuance of common stock, net of offering costs | ||||||
- | - | 151,356 | 102 | |||
Proceeds from the exercise of options for common stock, net | ||||||
- | 1,079 | 9 | - | |||
Purchases of treasury stock | ||||||
- | - | - | 175 | |||
Treasury shares withheld | ||||||
315 | 162 | - | - | |||
Distribution to noncontrolling interest | ||||||
6,000 | 2,300 | - | - | |||
Proceeds from the issuance of ESPP shares | ||||||
1,025 | - | - | - | |||
Net cash provided by (used in) financing activities | ||||||
-27,305 | -5,130 | 84,033 | -315 | |||
Effect of exchange rate changes on cash and cash equivalents | ||||||
470 | -2,164 | 608 | 201 | |||
Net change in cash and cash equivalents | ||||||
-13,888 | -8,678 | 15,534 | - | |||
Net change in cash and cash equivalents | ||||||
- | - | - | 8,730 | |||
Supplemental cash flow information | ||||||
Cash paid for interest, net of amounts capitalized | ||||||
1,070 | 1,373 | 3,023 | 5,447 | |||
Cash paid for income taxes (net of refunds) | ||||||
122 | 22,356 | 4,033 | 130 | |||
Noncash investing and financing activities | ||||||
Unpaid costs related to public offering | ||||||
- | - | - | 708 | |||
Issuance of common stock for business acquisition | ||||||
- | - | 6,907 | - | |||
Assets obtained by entering into finance leases | ||||||
1,383 | 2,603 | 1,092 | - | |||
Changes in accounts payable related to capital expenditures | ||||||
-599 | 783 | - | - | |||