| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net income | ||||||||||
27,902 | 20,312 | -10,163 | -9,263 | -29,388 | -17,887 | -923 | 16,244 | 12,660 | -5,440 | -11,075 |
Loss on discontinued operations | ||||||||||
- | - | -1,771 | -2,522 | -11,576 | - | - | - | - | - | - |
Income (loss) from continuing operations | ||||||||||
27,902 | 20,312 | -8,392 | -6,741 | -17,812 | - | - | - | - | - | - |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Bargain purchase gain | ||||||||||
- | 20,080 | - | - | - | - | - | - | - | - | - |
Depreciation and finance lease amortization | ||||||||||
12,391 | 8,767 | 6,060 | - | - | - | - | - | - | - | - |
Depreciation and capital lease amortization | ||||||||||
- | - | - | 8,768 | 7,332 | 13,606 | 13,272 | 16,240 | 14,471 | - | - |
Impairment of goodwill | ||||||||||
- | - | - | - | 5,282 | 16,066 | 0 | - | - | - | - |
Gain on sale of facilities | ||||||||||
- | 2,960 | - | 7,860 | 0 | - | - | - | - | - | - |
Tangible Asset Impairment Charges | ||||||||||
- | - | - | - | - | - | 27,500 | - | - | - | - |
Amortization of intangible assets | ||||||||||
322 | 550 | 495 | 523 | 523 | 540 | 0 | 27 | 50 | 185 | 252 |
Amortization of debt issuance costs | ||||||||||
- | - | - | 166 | 598 | 377 | 634 | 1,318 | 2,042 | 1,418 | 513 |
Equity in earnings of unconsolidated subsidiary | ||||||||||
- | - | - | - | - | - | - | - | -394 | -477 | - |
Provision for doubtful accounts | ||||||||||
290 | 429 | 638 | 289 | -374 | - | - | - | - | 1,358 | 92 |
Allowance on notes receivable | ||||||||||
- | - | - | - | - | - | - | - | 4,071 | - | - |
Depreciation and amortization | ||||||||||
- | - | - | - | - | - | - | - | - | 13,680 | 11,030 |
Provision for doubtful accounts | ||||||||||
- | - | - | - | - | 70 | -1,063 | 98 | -501 | - | - |
Deferred income taxes | ||||||||||
-4,169 | 3,847 | 341 | -4,750 | -3,560 | 2,894 | -7,994 | -4,120 | 5,908 | 9,292 | -2,394 |
Gain on insurance proceeds | ||||||||||
1,641 | - | - | - | - | - | - | - | - | - | - |
Loss on sale of business | ||||||||||
- | - | - | - | - | -13,497 | 0 | - | - | - | - |
Loss on disposal of property and equipment | ||||||||||
- | - | - | -19 | -105 | - | -256 | -998 | -397 | 667 | 348 |
Gain on sale of business | ||||||||||
- | - | - | - | - | - | - | - | 2,887 | - | - |
Share-based compensation expense | ||||||||||
1,709 | 281 | 1,200 | 1,809 | 1,743 | 2,946 | 3,060 | 3,048 | 1,461 | 797 | 765 |
Excess tax benefit from stock compensation plans | ||||||||||
- | - | - | - | 19 | 553 | 0 | - | - | - | - |
Adjustments to contingent consideration | ||||||||||
- | - | - | -1,657 | -211 | -1,746 | 0 | - | - | - | - |
Tax (deficiency) benefit from stock compensation plans | ||||||||||
- | - | - | - | - | - | - | - | 243 | - | - |
Tax benefit from stock option plans | ||||||||||
- | - | - | - | - | - | - | - | - | - | -53 |
Unrealized (gain) loss on foreign currency forward contracts | ||||||||||
- | - | - | -170 | -295 | 13 | 195 | - | 327 | 431 | -1,283 |
Other, net | ||||||||||
-566 | -236 | -234 | - | - | -25 | -249 | -216 | - | - | - |
Changes in operating assets and liabilities, net of acquired assets and assumed liabilities: | ||||||||||
Trade and other receivables | ||||||||||
6,134 | -2,220 | 4,073 | -80 | -15,717 | -7,984 | 24,212 | -28,298 | 5,713 | 28,818 | -36,942 |
Contract assets, net | ||||||||||
5,680 | 17,809 | 278 | -447 | - | - | - | - | - | - | - |
Insurance settlements | ||||||||||
- | - | - | - | -2,625 | 0 | 0 | - | - | - | - |
Costs and estimated earnings in excess of billings on uncompleted contracts, net | ||||||||||
- | - | - | - | -940 | -4,088 | -19,736 | 36,621 | - | - | - |
Costs and estimated earnings in excess of billings on uncompleted contracts, net | ||||||||||
- | - | - | - | - | - | - | - | 510 | -2,886 | 19,688 |
Inventories | ||||||||||
-8,649 | 13,628 | -1,543 | -5,728 | -9,934 | -6,039 | -8,261 | 5,582 | 29,794 | 4,186 | -29,084 |
Refundable income taxes | ||||||||||
- | - | - | -3,254 | -1,285 | 3,405 | 1,073 | - | -15,099 | 8,070 | 3,586 |
Prepaid expenses and other assets | ||||||||||
-2,454 | -2,910 | 215 | 630 | -1,196 | -754 | -307 | -5,480 | 5,297 | 292 | 1,378 |
Accounts payable | ||||||||||
-4,675 | 6,592 | 2,128 | 1,048 | -8,199 | -5,273 | 1,374 | -310 | -8,920 | 1,160 | -4,478 |
Deferred revenue | ||||||||||
- | - | - | - | -271 | -4,573 | -3,901 | 7,764 | 1,029 | - | - |
Accrued and other liabilities | ||||||||||
2,564 | -2,373 | -4,792 | -2,456 | 3,694 | -881 | -15,226 | 11,392 | 7,379 | 1,079 | 769 |
Net cash provided by (used in) operating activities from continuing operations | ||||||||||
42,886 | -18,400 | -5,793 | -1,793 | 20,823 | 35,044 | - | - | - | - | - |
Net cash used in operating activities from discontinued operations | ||||||||||
- | - | -1,727 | 3,312 | 34,383 | - | - | - | - | - | - |
Net cash provided by operating activities | ||||||||||
42,886 | -18,400 | -7,520 | 1,519 | 55,206 | - | 20,089 | 44,490 | 12,275 | -21,344 | 77,106 |
Cash flows from investing activities: | ||||||||||
Acquisition of business, net of cash acquired | ||||||||||
- | 37,223 | - | - | - | - | 15,689 | - | - | - | - |
Purchases of property and equipment | ||||||||||
8,585 | 3,797 | 2,851 | 2,292 | 6,831 | 14,289 | 28,447 | 16,789 | 16,333 | 18,597 | 21,348 |
Proceeds from sale of business | ||||||||||
- | - | - | - | 4,300 | 29,791 | 0 | - | 13,727 | - | - |
Proceeds from sale of facilities | ||||||||||
- | 8,515 | - | 13,914 | 0 | - | - | - | - | - | - |
Proceeds from sale of property and equipment | ||||||||||
39 | 141 | 146 | 33 | 55 | - | 1,711 | 1,072 | 96 | 19 | 98 |
Issuance of notes receivable | ||||||||||
- | - | - | - | - | - | 5,700 | 1,000 | - | 550 | 675 |
Collections on notes receivable | ||||||||||
- | - | - | - | 7,219 | 56 | 124 | - | - | - | - |
Proceeds from insurance | ||||||||||
2,123 | - | - | - | - | - | - | - | - | 587 | 1,363 |
Restricted cash | ||||||||||
- | - | - | - | - | - | - | 2,640 | -2,640 | - | - |
Other investing activities | ||||||||||
- | - | - | - | - | 25 | 250 | -60 | -800 | - | - |
Net cash used in investing activities from continuing operations | ||||||||||
-6,423 | -32,364 | -2,705 | 11,655 | 4,743 | 15,541 | - | - | - | - | - |
Net cash provided by investing activities from discontinued operations | ||||||||||
- | 4,465 | 32,505 | - | -1,684 | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||
-6,423 | -27,899 | 29,800 | 11,655 | 3,059 | - | -48,251 | -19,297 | 930 | -18,541 | -20,562 |
Cash flows from financing activities: | ||||||||||
Payments on finance lease obligations | ||||||||||
434 | 398 | 327 | - | - | - | - | - | - | - | - |
Payments of debt issuance costs | ||||||||||
228 | 435 | - | - | 302 | 0 | 0 | 1,599 | - | 3,381 | 186 |
Excess tax benefit from stock compensation plans | ||||||||||
- | - | - | - | 19 | 553 | 0 | - | - | - | - |
Payments on long-term debt | ||||||||||
- | - | - | - | - | 6,357 | 5,714 | 5,714 | 5,714 | 5,714 | 5,714 |
Borrowings on line of credit | ||||||||||
41,744 | 29,904 | - | - | 79,250 | 230,581 | 220,721 | 119,000 | - | - | - |
Repayments on line of credit | ||||||||||
53,208 | 18,440 | - | - | 124,837 | 272,913 | 180,334 | 133,468 | - | - | - |
Proceeds from issuance of common stock | ||||||||||
- | - | - | - | 1 | 28 | 72 | 37 | 147 | - | 171 |
Tax withholdings related to net share settlements of restricted stock and performance share awards | ||||||||||
- | 1,301 | 24 | 31 | 424 | 1,283 | 802 | 212 | 80 | 87 | 143 |
Borrowings under note payable to financial institution | ||||||||||
- | - | - | - | - | - | - | - | 132,050 | 181,375 | 89,538 |
Payments on note payable to financial institution | ||||||||||
- | - | - | - | - | - | - | - | 138,050 | 132,778 | 152,200 |
Borrowings from capital lease obligations | ||||||||||
- | - | - | - | - | - | - | - | 1,829 | 2,865 | 19,175 |
Payments on capital lease obligations | ||||||||||
- | - | - | 279 | 1,270 | 1,255 | 5,239 | 3,373 | 3,256 | 2,375 | 7,244 |
Payments of contingent consideration | ||||||||||
- | - | 112 | 1,233 | 0 | 0 | - | - | - | - | - |
Net cash provided by (used in) financing activities from continuing operations | ||||||||||
- | - | - | -1,543 | -47,563 | -50,646 | - | - | - | - | - |
Net cash used in financing activities from discontinued operations | ||||||||||
- | - | - | -111 | -920 | - | - | - | - | - | - |
Net cash provided by (used in) financing activities | ||||||||||
-12,126 | 9,330 | -463 | -1,654 | -48,483 | - | 28,704 | -25,329 | -13,074 | 39,905 | -56,603 |
Change in cash and cash equivalents | ||||||||||
24,337 | -36,969 | 21,817 | 11,520 | 9,782 | -61 | 542 | -136 | 131 | 20 | -59 |
Supplemental disclosure of cash flow information: | ||||||||||
Cash paid during the period for interest, net of amounts capitalized | ||||||||||
369 | 330 | 258 | 283 | 846 | 2,271 | 3,277 | 4,353 | 7,220 | 8,376 | 4,751 |
Cash paid (received) during the period for income taxes (net of refunds of $286, $1 and $213) | ||||||||||
-55 | 170 | -153 | -3,322 | -7,743 | 1,982 | 9,592 | 5,007 | -12,960 | -2,769 | -162 |
Noncash investing and financing activities: | ||||||||||
Escrow account related to capital lease financing | ||||||||||
- | - | - | - | - | - | - | 898 | 897 | - | - |
Escrow account related to capital lease financing | ||||||||||
- | - | - | - | - | - | - | - | - | 2,726 | 5,591 |
Accrued property and equipment purchases | ||||||||||
719 | 336 | 184 | 59 | 397 | 1,243 | 1,656 | 2,777 | 1,673 | 968 | 3,704 |
Right-of-use assets obtained in exchange for operating lease liabilities | ||||||||||
1,335 | - | - | - | - | - | - | - | - | - | - |
Right-of-use assets obtained in exchange for finance lease liabilities | ||||||||||
819 | 599 | 455 | - | - | - | - | - | - | - | - |
Capital lease refinancing | ||||||||||
- | - | - | - | - | - | - | - | - | 481 | 1,688 |
Capital lease additions | ||||||||||
- | - | - | 259 | 854 | 804 | 0 | 142 | - | - | - |
Proceeds from sale of facility placed in escrow | ||||||||||
- | - | 4,465 | - | 0 | - | - | - | - | - | - |