| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||
22,295 | 23,645 | 14,394 | 6,408 | -12,994 | 3,258 | 4,492 | 12,291 | 10,794 | 11,743 | 1,721 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | ||||||||||
Goodwill and Intangible Asset Impairment | ||||||||||
0 | 2,820 | 0 | 0 | 4,942 | 5,579 | 0 | - | - | - | - |
Depreciation and amortization | ||||||||||
11,795 | 10,631 | 10,626 | 11,149 | 11,097 | 11,736 | 12,064 | 11,717 | 11,321 | 10,578 | 11,465 |
(Gain) loss on disposal of property and equipment | ||||||||||
-34 | 120 | 195 | 823 | -15 | -63 | -41 | -158 | -20 | 32 | -34 |
Disposal Group, Including Discontinued Operation, Foreign Currency Translation Gains (Losses) | ||||||||||
800 | 0 | 0 | - | - | - | - | - | - | - | - |
Share-based compensation expense | ||||||||||
1,336 | 1,799 | 1,499 | 37 | 1,083 | 1,008 | 743 | 1,170 | 961 | 397 | 135 |
Inventory write-offs for obsolescence | ||||||||||
2,588 | 1,876 | 2,065 | 1,755 | 1,354 | 1,290 | 951 | 1,444 | 1,658 | 1,158 | 3,114 |
Deferred income taxes | ||||||||||
-2,556 | 1,011 | 1,890 | 301 | 10,013 | -3,562 | -2,221 | - | -1,961 | -1,971 | 139 |
Other | ||||||||||
-358 | -819 | -893 | 2,044 | -2,521 | -722 | -396 | -163 | 2,033 | 1,862 | 2,312 |
Net changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | ||||||||||
-11,369 | 7,757 | 10,537 | -1,322 | -982 | -318 | 6,327 | -5,148 | -41 | -10,829 | -9,407 |
Inventories, net | ||||||||||
619 | 5,095 | 4,307 | 1,968 | 3,961 | 349 | -5,050 | 1,656 | 3,070 | -5,719 | -11,694 |
Prepaid expenses and other current assets | ||||||||||
5,087 | -588 | 3,260 | -955 | -2,799 | -266 | 107 | 29 | 3,575 | -1,042 | -2,562 |
Trade accounts payable | ||||||||||
-2,273 | -819 | 2,009 | 237 | -2,550 | 618 | 459 | -2,452 | -33 | 5,750 | -2,821 |
Other current liabilities | ||||||||||
-7,481 | 5,981 | 7,652 | -5,824 | -1,034 | 2,307 | -973 | -1,840 | 1,469 | 9,736 | -5,902 |
Net cash provided by operating activities | ||||||||||
30,932 | 35,379 | 22,729 | 11,505 | 14,267 | 23,254 | 14,568 | 21,162 | 15,592 | 21,695 | 29,236 |
Investing activities | ||||||||||
Capital expenditures | ||||||||||
11,196 | 14,521 | 6,960 | 10,425 | 9,978 | - | - | - | - | - | - |
Capital expenditures | ||||||||||
- | - | - | - | - | 9,091 | 6,742 | 8,364 | 16,291 | 8,398 | 2,181 |
Proceeds from sale of property and equipment | ||||||||||
615 | 132 | 541 | 4,203 | 117 | 82 | 81 | 360 | 147 | 56 | 812 |
Purchase of business | ||||||||||
40,481 | 0 | 0 | 10,626 | 20,022 | 0 | 48,919 | - | 0 | - | - |
Net cash used in investing activities | ||||||||||
-51,062 | -14,389 | -6,419 | - | - | - | - | - | - | - | - |
Other investing activities | ||||||||||
- | - | - | - | - | - | - | - | - | - | -1,438 |
Net cash used in investing activities | ||||||||||
- | - | - | -16,848 | -29,883 | -9,009 | -55,580 | -8,004 | -16,144 | -8,342 | 69 |
Financing activities | ||||||||||
Principal payments on long-term debt | ||||||||||
4,618 | 5,603 | 2,628 | - | - | - | - | - | - | - | - |
Proceeds from long-term debt | ||||||||||
- | - | - | - | 29,000 | 0 | 25,000 | - | 0 | - | - |
Repayments of Long-term Debt | ||||||||||
- | - | - | - | 14,000 | 0 | 0 | 181 | - | - | - |
Principal payments on long-term debt | ||||||||||
- | - | - | 2,133 | 4,119 | 4,137 | 3,148 | - | - | - | - |
Principal payments on long-term debt and capital leases | ||||||||||
- | - | - | - | - | - | - | - | -136 | -193 | -569 |
Debt issuance costs | ||||||||||
- | - | - | - | 453 | 0 | 384 | - | 0 | - | - |
Proceeds from revolving facility | ||||||||||
22,000 | 22,000 | 41,000 | 25,000 | 0 | 0 | - | - | - | - | - |
Payments on revolving facility | ||||||||||
0 | 19,000 | 41,000 | 20,000 | 0 | 0 | - | - | - | - | - |
Excess tax benefit from share-based compensation plan | ||||||||||
- | - | - | - | - | 5 | 0 | - | - | - | - |
Net changes in short-term borrowings | ||||||||||
- | - | - | - | - | - | - | - | -83 | 74 | -541 |
Distributions to noncontrolling interests | ||||||||||
52 | 109 | 75 | - | - | - | - | - | 15 | 15 | 16 |
Purchase of treasury stock | ||||||||||
- | - | - | - | 8,733 | 32 | 0 | - | - | - | - |
Distributions to noncontrolling interests | ||||||||||
- | - | - | -15 | -63 | -77 | -82 | -67 | - | - | - |
Payments of employee taxes on certain share-based arrangements | ||||||||||
854 | 801 | 303 | 85 | 339 | - | - | - | - | - | - |
Net cash used in financing activities | ||||||||||
16,476 | -3,513 | -3,006 | 2,767 | - | - | - | - | - | - | - |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
405 | -1,610 | 2,536 | - | - | - | - | - | - | - | - |
Increase in cash and cash equivalents | ||||||||||
-3,249 | 15,867 | 15,840 | - | - | - | - | - | - | - | - |
Supplemental disclosure of investing transactions: | ||||||||||
Transactions with Vishay Intertechnology | ||||||||||
- | - | - | - | - | - | - | - | - | 7,252 | -36,876 |
Net cash (used in) provided by financing activities | ||||||||||
- | - | - | - | 1,293 | -4,241 | 21,386 | -248 | -234 | 7,118 | -38,002 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
- | - | - | -1,613 | -2,678 | -3,171 | -1,404 | 101 | -631 | -1,418 | 1,508 |
Increase (decrease) in cash and cash equivalents | ||||||||||
- | - | - | -4,189 | -17,001 | 6,833 | -21,030 | 13,011 | -1,417 | 19,053 | -7,189 |
Supplemental disclosure of investing transactions: | ||||||||||
Capital expenditures purchased | ||||||||||
10,529 | 13,239 | 10,092 | 10,425 | 9,978 | - | - | - | - | - | - |
Supplemental disclosure of non-cash financing transactions: | ||||||||||
Conversion of exchangeable notes to common stock | ||||||||||
0 | 2,794 | 1,303 | 0 | 0 | - | 5,861 | - | 0 | - | - |
Capital expenditures incurred but not yet paid | ||||||||||
1,183 | - | - | - | - | - | - | - | - | - | - |