| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Net loss from continuing operations | |||||||||
- | - | - | -5,683 | 1,856 | - | - | - | - | - |
Net income from discontinued operations | |||||||||
- | - | - | 12,584 | 1,688 | - | - | - | - | - |
Cash Flows from Operating Activities: | |||||||||
Net loss | |||||||||
4,911 | 856 | -884 | - | - | 2,080 | 3,225 | 5,411 | 2,555 | 681 |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||||
Non-cash charges: | |||||||||
Loss (income) from discontinued operations | |||||||||
- | - | - | - | - | - | - | - | 646 | 340 |
Depreciation and amortization | |||||||||
1,566 | 1,383 | 1,309 | 1,620 | 1,555 | 1,551 | 1,559 | 1,623 | 1,600 | 1,635 |
Amortization of other intangible assets | |||||||||
703 | 702 | 800 | 1,016 | 1,237 | 718 | 250 | - | - | - |
Amortization of operating leased assets | |||||||||
582 | 0 | - | - | - | - | - | - | - | - |
Amortization of debt issue costs | |||||||||
23 | 95 | 64 | 128 | 111 | 94 | 103 | - | - | - |
Amortization of consideration payable to a customer | |||||||||
270 | 122 | 0 | - | - | - | - | - | - | - |
Recovery for losses on accounts receivable - net | |||||||||
- | - | - | - | 8 | -90 | - | - | - | - |
Recovery for losses on accounts receivable - net | |||||||||
- | - | - | - | - | - | 42 | - | - | - |
Amortization of other intangible assets | |||||||||
- | - | - | - | - | - | - | 398 | 350 | 351 |
Amortization of debt issue costs | |||||||||
- | - | - | - | - | - | - | 286 | 286 | - |
Amortization of debt issue costs | |||||||||
- | - | - | - | - | - | - | - | - | 210 |
(Recovery) provision for doubtful accounts | |||||||||
-38 | 121 | 66 | 4 | - | - | - | 53 | 1 | 76 |
Stock-based compensation | |||||||||
106 | 196 | 80 | 13 | 86 | 220 | 338 | 192 | 201 | 103 |
Loss on sale of property and equipment | |||||||||
7,817 | 1 | -21 | 1,700 | 2 | -14 | -7 | - | - | - |
Restricted stock-based compensation | |||||||||
52 | 45 | - | - | - | - | - | - | - | - |
Restricted stock-based compensation | |||||||||
- | - | 38 | 50 | 43 | 27 | 40 | 3 | 0 | - |
Deferred income taxes | |||||||||
409 | 253 | 912 | -3,946 | - | - | - | - | - | - |
Impairment of assets | |||||||||
194 | 0 | - | - | - | - | - | - | - | - |
Loss on sale of fixed assets | |||||||||
- | - | - | - | - | - | - | -2 | -1 | - |
Deferred income taxes | |||||||||
- | - | - | - | 339 | 1,458 | 1,588 | -2,243 | 0 | - |
Fair value increase in contingent consideration | |||||||||
0 | -150 | -158 | 0 | 126 | 0 | - | - | - | - |
Impairment of goodwill and other intangible assets | |||||||||
- | - | - | 9,581 | 0 | - | - | - | - | - |
Changes in operating assets and liabilities: | |||||||||
Loss (gain) on sale of fixed assets | |||||||||
- | - | - | - | - | - | - | - | - | 3 |
Accounts receivable | |||||||||
-529 | -482 | 1,384 | -498 | 69 | -1,233 | 2,022 | 401 | -658 | -483 |
Notes and other receivables | |||||||||
- | - | - | - | - | - | - | - | - | -41 |
Inventories | |||||||||
1,714 | 901 | -1,913 | 316 | 435 | -1,670 | -1,099 | 5,485 | 158 | -1,316 |
Income tax refund receivable | |||||||||
- | - | - | - | - | - | - | - | - | -3,270 |
Prepaid expenses and other current assets | |||||||||
339 | -83 | -1,857 | 2,006 | -386 | -250 | 305 | 47 | 37 | 179 |
Other assets | |||||||||
1 | 988 | -45 | -58 | -101 | -79 | -67 | 92 | 227 | -6 |
Accounts payable | |||||||||
-1,025 | 317 | 40 | -372 | 89 | -318 | -1,837 | 2,614 | 336 | 497 |
Accrued compensation and benefits | |||||||||
-318 | 395 | 120 | 24 | -270 | 492 | - | - | - | - |
Accrued other liabilities and other current liabilities | |||||||||
255 | -324 | - | - | - | - | - | - | - | - |
Operating lease liabilities | |||||||||
-597 | 0 | - | - | - | - | - | - | - | - |
Accrued other liabilities | |||||||||
- | - | -502 | 390 | -830 | -746 | - | - | - | - |
Income taxes payable | |||||||||
- | - | - | - | - | - | - | - | - | 243 |
Accrued liabilities | |||||||||
- | - | - | - | - | - | -812 | 975 | 443 | 649 |
Other liabilities | |||||||||
-265 | -20 | -19 | -18 | -17 | -16 | -16 | -19 | - | - |
Total adjustments | |||||||||
-7,425 | 2,110 | 5,518 | 5,024 | 2,206 | 6,636 | 17 | -2,141 | 2,808 | 8,358 |
Net cash provided by (used in) operating activities - continuing operations | |||||||||
- | - | - | -659 | 4,062 | 8,716 | 3,242 | 3,270 | 5,363 | 9,039 |
Net cash used in operating activities - discontinued operations | |||||||||
- | - | - | -499 | 2,511 | - | - | - | 629 | 2,748 |
Net cash used in operating activities | |||||||||
-2,514 | 2,966 | 4,634 | -1,158 | 6,573 | - | - | - | - | - |
Cash Flows from Investing Activities: | |||||||||
Capital expenditures | |||||||||
1,524 | 1,878 | 910 | 1,066 | 1,261 | 1,072 | 693 | 1,969 | 598 | 244 |
Proceeds from disposal of property and equipment | |||||||||
8,766 | 26 | 12 | 3,512 | 48 | 15 | 0 | 8 | 2 | 7 |
Purchase of net assets of gear businesses | |||||||||
3,518 | 0 | 6,845 | 0 | - | - | - | - | - | - |
Purchase of net assets Air Tool Service Company | |||||||||
- | - | - | - | - | 7,659 | 0 | - | - | - |
Purchase of Exhaust Technologies, Inc. | |||||||||
- | - | - | - | - | 10,377 | 0 | - | - | - |
Purchase of Universal Air Tool Company Limited, net of cash acquired of $14,000 | |||||||||
- | - | - | - | - | 1,792 | 0 | - | - | - |
Purchase of patents | |||||||||
- | - | 200 | 0 | - | - | - | 200 | 0 | - |
Net cash (used in) provided by investing activities - continuing operations | |||||||||
- | - | - | 2,446 | -1,213 | -20,885 | -693 | -2,161 | -596 | -237 |
Net cash provided by investing activities - discontinued operations | |||||||||
- | - | - | 20,149 | -161 | - | - | - | - | -1,735 |
Net cash used in investing activities | |||||||||
3,724 | -1,852 | -7,943 | 22,595 | -1,374 | - | - | - | - | - |
Cash Flows from Financing Activities: | |||||||||
Dividend payments | |||||||||
632 | 723 | 722 | 2,335 | 0 | - | - | - | - | - |
Proceeds from exercise of stock options | |||||||||
0 | 806 | 62 | 23 | 73 | 745 | 62 | 304 | 0 | - |
Purchase of Class A common stock | |||||||||
3,518 | 1,516 | 358 | 255 | 0 | 1,583 | 0 | - | - | - |
Net proceeds from short-term borrowings | |||||||||
3,552 | 168 | 1,928 | 9,087 | 72,347 | 84,167 | 65,353 | 56,005 | 40,280 | 15,750 |
Payment of contingent consideration | |||||||||
692 | 0 | - | - | - | - | - | - | - | - |
Proceeds from long-term debt | |||||||||
- | - | - | - | - | - | - | 3,289 | 0 | 7,047 |
Repayments of short-term borrowings | |||||||||
- | - | - | - | 74,541 | 72,710 | 67,786 | 58,860 | 44,628 | 22,054 |
Proceeds from term loan | |||||||||
- | - | - | - | - | 3,000 | 0 | - | - | - |
Repayments of long-term debt | |||||||||
- | - | - | 6,343 | 3,127 | 793 | 460 | - | - | - |
Repayments of mortgages | |||||||||
- | - | - | - | - | - | - | - | - | 1,463 |
Principal payments on long-term debt | |||||||||
- | - | - | - | - | - | - | - | - | 336 |
Proceeds from notes payable | |||||||||
- | - | - | - | - | 66 | 0 | - | - | 750 |
Repayments of notes payable | |||||||||
453 | 47 | 14 | 29 | 39 | 21 | 0 | - | - | 573 |
Excess tax benefit on stock-based compensation | |||||||||
- | - | - | -18 | 18 | 0 | - | - | - | - |
Bank finance costs | |||||||||
- | - | - | - | 0 | 44 | 0 | - | - | - |
Repayments of term loan | |||||||||
- | - | - | - | - | - | - | 1,116 | 406 | 6,773 |
Repayments on notes payable | |||||||||
- | - | - | - | - | - | - | -250 | -1,073 | - |
Payments on capital lease financings | |||||||||
- | - | - | - | - | - | - | - | - | 436 |
Payments of debt issue costs | |||||||||
72 | 3 | 84 | 30 | - | - | - | 229 | 0 | 816 |
Net cash provided by financing activities - continuing operations | |||||||||
- | - | - | 100 | -5,269 | 12,827 | -2,831 | -857 | -5,827 | -8,904 |
Net cash used in financing activities - discontinued operations | |||||||||
- | - | - | -18,716 | 0 | - | - | - | - | -583 |
Net cash provided by financing activities | |||||||||
-1,815 | -1,315 | 812 | -18,616 | -5,269 | - | - | - | - | - |
Effect of exchange rate changes on cash | |||||||||
-14 | -41 | 39 | - | - | - | - | - | - | - |
Net increase (decrease) in cash | |||||||||
-619 | -242 | - | - | - | - | - | - | - | - |
Effect of exchange rate changes on cash | |||||||||
- | - | - | -49 | -14 | -60 | 0 | - | - | - |
Net cash (used in) provided by discontinued operations | |||||||||
- | - | - | - | - | - | - | - | 629 | 430 |
Net (decrease) increase in cash | |||||||||
- | - | -2,458 | 2,772 | -84 | 598 | -282 | 252 | -431 | 328 |
Supplemental disclosures of cash flow information: | |||||||||
Cash paid for: | |||||||||
Interest | |||||||||
171 | 130 | 97 | 133 | 615 | 415 | 413 | 545 | 796 | 1,263 |
Income taxes | |||||||||
1,809 | 86 | 409 | 112 | 1,626 | 143 | 79 | 164 | 16 | 31 |
Cash paid for amounts included in the measurement of operating lease liabilities | |||||||||
30 | 0 | - | - | - | - | - | - | - | - |
Noncash information: | |||||||||
Contingent consideration on acquisition of gear businesses | |||||||||
64 | 0 | 692 | 0 | - | - | - | - | - | - |
Capital expenditures financed | |||||||||
0 | 400 | 0 | - | - | - | - | - | - | - |
Right of Use ("ROU") assets recognized for new operating lease liabilities | |||||||||
4,032 | 0 | - | - | - | - | - | - | - | - |
Operating lease liability related to ROU assets recognized upon adoption of ASC 842 | |||||||||
418 | 0 | - | - | - | - | - | - | - | - |
Exchange of property and equipment | |||||||||
- | - | - | - | 64 | 0 | - | - | - | - |
Contingent Consideration on Acquisition | |||||||||
- | - | - | - | - | 425 | 0 | - | - | - |