v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities      
Net Income (Loss) $ 29,359 $ (16,215) $ (26,421)
Adjustments to Reconcile Net Income (Loss) to Cash from Operating Activities:      
Depreciation and Amortization 21,838 24,466 26,104
Amortization of Deferred Financing Fees 3,036 3,194 3,023
Provisions for Non-Cash Losses on Inventory and Receivables 10,011 13,782 16,003
Equity-based Compensation Expense 6,799 8,571 7,198
Deferred Tax (Benefit) Expense (1,362) (20) 146
Loss on Settlement of Debt 32,644 10,148 0
Operating Lease Non-cash Expense 6,162 5,175 5,088
Simplification Initiative-related Non-cash Charges 6,229 0 0
Net Gain on Sale of Business, Before Taxes 0 0 (3,427)
Non-cash 401K Contribution and Quarterly Bonus Accrual 0 3,454 6,549
Non-cash Annual Stock Bonus Accrual 0 0 2,806
Non-cash Litigation Provision Adjustment 0 4,468 (1,305)
Non-cash Deferred Liability Recovery 0 0 (5,824)
Other (418) 5,807 1,913
Changes in Operating Assets and Liabilities:      
Accounts Receivable (8,102) (21,983) (31,872)
Inventories (4,435) (21,551) (13,283)
Accounts Payable (3,114) (17,693) (4,495)
Accrued Expenses (15,027) 21,987 4,634
Income Taxes (7,938) 4,498 (1,949)
Operating Lease Liabilities (4,573) (5,125) (4,880)
Tenant Improvement Allowance Refund 8,138 0 0
Cloud Computing Implementation Costs (1,117) 0 0
Customer Advanced Payments and Deferred Revenue (4,189) 5,693 (4,835)
Supplemental Retirement Plan Liabilities (716) (410) (408)
Other Assets and Liabilities 1,570 2,320 1,285
Net Cash from Operating Activities 74,795 30,566 (23,950)
Cash Flows from Investing Activities      
Capital Expenditures (31,673) (8,428) (7,643)
Acquisitions of Businesses, Net of Cash Acquired (22,075) 0 0
Proceeds from Sale of Businesses and Assets 0 0 3,537
Net Cash from Investing Activities (53,748) (8,428) (4,106)
Cash Flows from Financing Activities      
Proceeds from Long-term Debt 186,143 377,392 139,732
Principal Payments on Long-term Debt (111,143) (374,890) (131,233)
Proceeds from Issuance of Convertible Debt 225,000 0 0
Partial Repurchase of 2030 Convertible Notes (285,752) 0 0
Payments for Capped Call Transactions (26,888) 0 0
Financing-Related Costs (10,366) (12,150) (6,762)
Financing Settlement Costs 0 (4,496) 0
Stock Award and Employee Stock Purchase Plan (“ESPP”) activity 753 (241) 2,476
Proceeds from At-the-Market (“ATM”) Stock Sales 0 0 21,269
Other (141) (145) (47)
Net Cash from Financing Activities (22,394) (14,530) 25,435
Effect of Exchange Rates on Cash 1,099 (493) 156
(Decrease) Increase in Cash and Cash Equivalents and Restricted Cash (248) 7,115 (2,465)
Cash and Cash Equivalents and Restricted Cash at Beginning of Year 18,428 11,313 13,778
Cash and Cash Equivalents and Restricted Cash at End of Year 18,180 18,428 11,313
Supplemental Disclosure of Cash Flow Information      
Interest Paid 8,976 19,238 17,689
Income Taxes Paid, Net of Refunds 11,605 3,537 1,964
Non-Cash Investing Activities:      
Capital Expenditures in Accounts Payable $ 2,025 $ 0 $ 0

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