| 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 | ||||||||||
-12,426 | 15,012 | 15,934 | 8,603 | -17,480 | 1,029 | -5,969 | -2,457 | 773 | 4,141 | 11,772 |
Adjustments to reconcile net income to net cash used in operating activities: | ||||||||||
Adjust for loss from discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | -3,094 | -1,383 |
Earnings (loss) from continuing operations | ||||||||||
- | - | - | - | - | - | - | - | - | 7,235 | 13,155 |
Depreciation and amortization | ||||||||||
11,180 | 10,370 | 9,937 | 7,903 | 7,437 | 8,378 | 9,238 | 8,990 | 10,010 | 10,718 | 7,503 |
Gain on disposal of assets | ||||||||||
14 | - | 13 | 13 | 24 | 191 | -255 | -5,621 | -1,139 | 819 | - |
Impairment of goodwill and intangible assets | ||||||||||
13,856 | - | - | - | - | - | - | - | - | - | - |
Impairment of assets held for sale | ||||||||||
39,275 | - | - | - | - | - | - | - | - | - | - |
Impairment of assets | ||||||||||
- | - | - | 406 | 2,234 | 0 | 0 | - | - | - | - |
Goodwill impairment | ||||||||||
- | - | - | - | - | - | 4,854 | - | - | - | - |
Accruals for warranty | ||||||||||
12,671 | 8,660 | 9,099 | 12,989 | 15,388 | 6,533 | 5,911 | - | - | - | - |
Expense from changes in fair value of contingent consideration | ||||||||||
- | -693 | - | - | - | 742 | 21 | 2,872 | 983 | - | - |
Deferred income taxes | ||||||||||
-18,225 | -755 | -3,974 | -2,666 | - | - | - | - | - | - | - |
Tax expense (benefit) related to stock incentive plan transactions | ||||||||||
- | - | - | - | - | -100 | -118 | - | - | - | - |
(Gain) loss on disposal and impairment of assets | ||||||||||
- | - | - | - | - | - | - | - | - | - | 432 |
Expense from changes in fair value of contingent consideration | ||||||||||
- | - | - | - | - | - | - | - | - | -230 | - |
Tax expense related to stock incentive plan transactions | ||||||||||
- | - | - | - | - | - | - | -134 | -222 | -566 | 140 |
Deferred income taxes | ||||||||||
- | - | - | - | 5,147 | -2,265 | -1,690 | -2,771 | -488 | -416 | 2,610 |
Non-cash stock based compensation expense | ||||||||||
5,281 | 4,027 | 3,536 | 1,536 | 1,198 | 1,624 | 1,624 | 1,645 | 1,780 | 2,405 | 2,332 |
Decrease (increase) in operating assets, net of effects of acquisition: | ||||||||||
Accounts receivable | ||||||||||
-22,812 | 22,490 | 18,576 | 8,824 | 8,255 | 802 | 421 | 7,097 | -13,118 | 7,568 | -34,791 |
Contract assets | ||||||||||
10,112 | 5,467 | - | - | - | - | - | - | - | - | - |
Changes in inventories | ||||||||||
14,783 | 24,340 | -42,920 | -1,662 | -10,605 | -10,256 | 13,828 | 600 | 5,478 | -36,169 | 2,110 |
Income taxes receivable | ||||||||||
- | - | -1,287 | -468 | 59 | 55 | -1,758 | 1,532 | -1,412 | -1,322 | 6,978 |
Other assets | ||||||||||
709 | 658 | -851 | 1,020 | -155 | 1,370 | -1,236 | -661 | -1,190 | 413 | -5,576 |
Increase (decrease) in operating liabilities, net of effects of acquisition: | ||||||||||
Changes in accounts payable | ||||||||||
-20,404 | 35,297 | 5,366 | 4,018 | 4,556 | -7,763 | 7,525 | 1,350 | 3,510 | -1,553 | -8,531 |
Cash paid for warranty repairs | ||||||||||
-11,818 | -10,838 | -13,854 | -10,265 | -8,015 | -4,875 | -4,394 | - | - | - | - |
Accrued warranty | ||||||||||
- | - | - | - | - | - | - | 260 | -40 | -594 | -3,128 |
Accrued customer rebates | ||||||||||
- | - | - | - | - | - | -109 | 753 | -842 | 1,064 | -174 |
Changes in accrued compensation and related taxes | ||||||||||
7,737 | -2,789 | -1,530 | 4,504 | 458 | 1,786 | -1,308 | 2,079 | 61 | -1,610 | -8,170 |
Deposits from customers | ||||||||||
1,163 | 4,444 | -33,648 | 3,047 | - | - | - | - | - | - | - |
Deposits from customers | ||||||||||
- | - | - | - | 1,571 | -6,482 | 11,620 | -1,515 | 3,919 | -7,589 | 1,649 |
Payment of contingent consideration on acquisitions | ||||||||||
- | - | - | - | 1,338 | 86 | 2,260 | - | - | - | - |
Other current liabilities and accrued expenses | ||||||||||
- | - | - | 1,056 | -707 | 35 | 48 | -1,896 | -1,036 | -203 | -4,490 |
Other current liabilities and accrued expenses | ||||||||||
954 | 1,094 | 240 | - | - | - | - | - | - | - | - |
Other long-term liabilities | ||||||||||
291 | -345 | 1,725 | - | 0 | - | - | - | - | - | - |
Other | ||||||||||
-1,235 | - | - | - | - | - | - | - | - | - | - |
Accrued income taxes | ||||||||||
8,687 | -2,503 | 2,716 | -76 | -15 | -88 | -1,183 | -130 | -96 | -823 | 101 |
Total adjustments | ||||||||||
46,607 | -6,986 | 6,082 | 14,725 | 30,336 | 5,477 | 19,015 | 8,824 | 29,364 | 30,886 | 21,273 |
Net cash used in operating activities | ||||||||||
34,181 | 8,026 | 22,016 | 23,328 | 12,856 | 6,506 | 13,046 | 6,367 | 30,137 | 38,121 | 34,428 |
Cash flows from investing activities: | ||||||||||
Proceeds from sale of discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | 7,358 | - |
Purchases of property, plant and equipment | ||||||||||
10,042 | 8,985 | 5,340 | 13,410 | 4,895 | 3,463 | 3,526 | 12,468 | 5,255 | 3,869 | 5,621 |
Proceeds from sale of property, plant and equipment | ||||||||||
15 | - | 13 | 25 | 208 | 648 | 180 | 75 | 842 | 826 | 142 |
Proceeds from sale of business | ||||||||||
88,938 | 5,200 | 28,903 | - | 0 | - | - | - | 4,746 | 14 | 42,318 |
Proceeds from notes receivable | ||||||||||
- | - | - | - | - | - | 2,500 | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||
-98,965 | -14,185 | -34,230 | -13,385 | -4,687 | -2,815 | -846 | -12,393 | -9,159 | 4,301 | -47,797 |
Cash flows from financing activities: | ||||||||||
Borrowings under credit facilities | ||||||||||
- | - | - | - | 15,244 | 2,191 | 0 | 2,891 | - | - | - |
Payments on credit facilities | ||||||||||
- | - | - | - | 15,244 | 2,191 | 0 | -2,891 | - | - | - |
Proceeds from long-term debt | ||||||||||
92,000 | 7,684 | 32,919 | 10 | 0 | 0 | 138 | 223 | 17 | 29,024 | 45,000 |
Payments on long-term debt | ||||||||||
30,175 | 66 | 15,070 | 5,058 | 75 | 80 | 86 | 73 | 102 | 70,150 | 26,174 |
Payment of contingent consideration on acquisitions | ||||||||||
- | 701 | - | - | - | - | - | - | - | - | - |
Payment of contingent consideration on acquisitions | ||||||||||
- | - | - | - | 162 | 162 | 460 | - | - | - | - |
Purchase and retirement of common stock | ||||||||||
793 | 656 | - | 2,000 | 0 | 2,000 | 0 | - | - | - | 435 |
Net cash provided by (used in) the exercise and vesting of stock incentive awards | ||||||||||
-766 | -2,670 | -645 | -111 | -375 | -59 | 699 | - | - | - | - |
Cash related to tax impact of stock incentive plan transactions | ||||||||||
- | - | - | - | - | 100 | 118 | - | - | - | - |
Issuance of stock | ||||||||||
- | - | - | - | - | - | - | - | - | - | 710 |
Net cash (used in) the exercise, vesting or cancellation of stock incentive awards | ||||||||||
- | - | - | - | - | - | - | 220 | -153 | -219 | -405 |
Cash paid related to tax impact of stock incentive plan transactions | ||||||||||
- | - | - | - | - | - | - | -134 | -222 | -566 | 140 |
Payment of contingent consideration on acquisitions | ||||||||||
- | - | - | - | - | - | - | 756 | - | - | - |
Payment of dividends | ||||||||||
3,572 | 3,516 | 3,508 | 3,444 | 3,426 | 3,427 | 3,414 | 3,383 | 3,348 | 3,301 | 4,236 |
Net cash used in financing activities | ||||||||||
56,694 | 75 | 13,696 | -10,603 | -4,038 | -5,828 | -3,241 | -3,903 | -3,808 | -45,212 | 14,600 |
Operating activities | ||||||||||
- | - | - | - | - | - | - | - | - | -4,146 | 3,695 |
Investing activities | ||||||||||
- | - | - | - | - | - | - | - | - | 2,968 | -192 |
Net cash used in discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | -1,178 | 3,503 |
Net increase (decrease) in cash and cash equivalents | ||||||||||
-8,090 | -6,084 | 1,482 | -660 | 4,131 | -2,137 | 8,959 | -9,929 | 17,170 | -3,968 | 4,734 |