| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Operating activities | ||||||
Net income (loss) | ||||||
-4,454 | -37,462 | -22,010 | 5,399 | 30,863 | - | - |
Net (loss) income | ||||||
- | - | - | - | - | 13,302 | 8,587 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||
Loss (income) from discontinued operation | ||||||
-124 | -22,663 | 1,075 | - | - | - | - |
Impairments | ||||||
- | - | 19,074 | 2,700 | - | - | - |
Depreciation and amortization expense | ||||||
17,002 | 18,405 | 16,922 | 16,927 | 15,995 | 14,198 | 14,295 |
Stock-based compensation expense | ||||||
250 | 961 | 1,989 | 3,579 | 9,633 | 4,534 | 610 |
Impairment of intangible asset | ||||||
- | - | - | - | - | 0 | - |
Amortization of debt issuance costs and debt discount | ||||||
1,960 | 1,949 | 1,947 | 1,922 | 5,648 | 591 | - |
Loss on debt modification and extinguishment | ||||||
- | - | - | - | -703 | -476 | - |
Loss on sale of a discontinued operation | ||||||
- | - | - | - | -1,039 | - | - |
Excess tax benefits from stock-based compensation | ||||||
- | - | - | 611 | - | - | - |
Deferred income taxes | ||||||
-1,147 | 6,897 | 9,167 | 1,829 | -10,914 | 1,433 | -1,960 |
Reclassification adjustment to foreign currency loss | ||||||
1,329 | - | - | - | - | - | - |
Other, net | ||||||
146 | 302 | -165 | 448 | -45 | -124 | -67 |
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
688 | 5,523 | 6,396 | -19,847 | 9,556 | 7,003 | -4,368 |
Inventories | ||||||
10,410 | 1,998 | -2,826 | -5,793 | 4,416 | 5,763 | -5,705 |
Prepaid expenses and other assets | ||||||
1,328 | 2,108 | -619 | 527 | 714 | 8,473 | -572 |
Income taxes receivable, net | ||||||
1,369 | 2,644 | -8,581 | 5,429 | -4,975 | 3,061 | -1,013 |
Accounts payable | ||||||
1,127 | 2,411 | 5,655 | -6,394 | 1,663 | 1,466 | -9,006 |
Accrued expenses | ||||||
-4,395 | 10,436 | -456 | 3,841 | 915 | 12,665 | -2,192 |
Deferred revenue and customer deposits | ||||||
-446 | 632 | 599 | - | - | - | - |
Deferred revenue and customer deposits | ||||||
- | - | - | 3,037 | 699 | -772 | -197 |
Other liabilities | ||||||
232 | 655 | 1,671 | 397 | -14,444 | -98 | - |
Cash provided by (used in) operating activities - continuing operations | ||||||
2,965 | 7,070 | 3,452 | - | - | - | - |
Cash provided by (used in) operating activities - discontinued operation | ||||||
-124 | -3,550 | -1,025 | - | - | - | - |
Cash used in operating activities | ||||||
- | - | - | 59,958 | 43,922 | 26,627 | 23,622 |
Investing activities | ||||||
Acquisitions of plant, equipment and leasehold improvements | ||||||
4,175 | 5,634 | 7,263 | 14,294 | 18,670 | 16,956 | 9,240 |
Cash received from sale of Canadian subsidiary | ||||||
1,451 | - | - | - | - | - | - |
Other | ||||||
150 | - | - | - | - | - | - |
Proceeds from sale of a discontinued operation | ||||||
- | - | - | - | 5,000 | - | - |
Cash used in investing activities - continuing operations | ||||||
-2,574 | -5,634 | -7,263 | - | - | - | - |
Cash used in investing activities - discontinued operations | ||||||
0 | -220 | -1,527 | - | - | - | - |
Acquisition of EFT Source, Inc, net of cash | ||||||
- | - | - | - | - | 54,859 | - |
Cash used in investing activities | ||||||
- | - | - | -14,294 | -13,670 | -71,815 | -9,240 |
Financing activities | ||||||
Dividends paid on common stock | ||||||
- | - | 7,540 | 7,519 | - | - | - |
Debt issuance costs | ||||||
- | - | - | - | 17,773 | 440 | - |
Payments of Sellers' Note | ||||||
- | - | - | 9,000 | - | - | - |
Common stock repurchased | ||||||
- | - | - | 6,008 | - | - | - |
Net proceeds from an initial public offering of common stock | ||||||
- | - | - | - | 135,304 | - | - |
Proceeds from sale of Company stock, net of issuance costs | ||||||
- | - | - | - | - | - | 50 |
Proceeds from First Lien Term Loan | ||||||
- | - | - | - | 435,000 | - | - |
Payments on First Lien Term Loan | ||||||
- | - | - | - | 122,500 | - | - |
Proceeds from long-term debt | ||||||
- | - | - | - | - | 60,000 | - |
Payments on long-term debt | ||||||
- | - | - | - | 170,929 | 11,045 | 7,122 |
Proceeds from Revolving Credit Facility | ||||||
11,500 | - | - | - | - | - | 9,750 |
Payments on Revolving Credit Facility | ||||||
11,500 | - | - | - | - | - | 14,750 |
Payments on finance lease obligations | ||||||
1,926 | 519 | - | - | - | - | - |
Dividend distribution on Series A Preferred Stock | ||||||
- | - | - | - | 230,315 | - | - |
Redemption of preferred and common stock | ||||||
- | - | - | - | 58,296 | - | 48 |
Proceeds from employee note receivable | ||||||
- | - | - | - | 108 | 19 | 10 |
Taxes withheld and paid on stock-based compensation awards | ||||||
- | - | 341 | - | - | - | - |
Excess tax benefits from stock-based compensation awards | ||||||
- | - | - | 611 | - | - | - |
Cash provided by (used in) financing activities | ||||||
-1,926 | -519 | -7,881 | -21,916 | -29,401 | 48,534 | -12,110 |
Effect of exchange rates on cash | ||||||
50 | -61 | 494 | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||
-1,609 | -2,914 | -13,750 | - | - | - | - |
Effect of exchange rates on cash | ||||||
- | - | - | -399 | -186 | -107 | 37 |
Net decrease in cash and cash equivalents | ||||||
- | - | - | 23,349 | 665 | 3,239 | 2,309 |
Supplemental disclosures of cash flow information | ||||||
Interest | ||||||
23,036 | 20,703 | 18,466 | 15,071 | 11,986 | - | - |
Interest | ||||||
- | - | - | - | - | 6,793 | 7,248 |
Income taxes, net refunds | ||||||
780 | -657 | 30 | -468 | 10,136 | 3,219 | 4,680 |
Right-of-use assets obtained in exchange for lease obligations- Operating leases | ||||||
8,533 | - | - | - | - | - | - |
Right-of-use assets obtained in exchange for lease obligations- Financing leases | ||||||
6,438 | 1,812 | - | - | - | - | - |
Accounts payable, and accrued expenses for acquisitions of plant, equipment and leasehold improvements | ||||||
308 | 1,339 | 400 | - | - | - | - |