|
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Operating Activities |
|
|
| Net loss |
$ (6,406) |
$ (10,488) |
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
12,527 |
12,957 |
| Impairment losses |
531 |
3,086 |
| Losses (gains) on disposal of assets |
1,074 |
(45) |
| Loss on sale leaseback transaction |
475 |
|
| Share-based compensation expense |
1,607 |
1,275 |
| Amortization of deferred gain on sale leaseback transaction |
(273) |
(47) |
| Deferred income taxes |
166 |
410 |
| Other, net |
0 |
249 |
| Changes in operating assets and liabilities: |
|
|
| Trade accounts receivable, net |
(2,711) |
(3,287) |
| Prepaid expenses and other assets |
(2,264) |
1,113 |
| Accounts payable |
435 |
(121) |
| Income taxes, net |
(348) |
334 |
| Accrued and other liabilities |
1,429 |
(2,525) |
| Net cash provided by operating activities |
6,242 |
2,911 |
| Investing Activities |
|
|
| Proceeds from note receivable |
658 |
660 |
| Proceeds from sale of assets |
3,394 |
0 |
| Proceeds from sale leaseback transactions |
1,337 |
3,884 |
| Purchases of property, plant and equipment |
(8,843) |
(7,305) |
| Cash paid for acquisitions of businesses |
(2,097) |
0 |
| Net cash used in continuing investing activities |
(5,551) |
(2,761) |
| Financing Activities |
|
|
| Proceeds from stock option exercises |
141 |
0 |
| Proceeds from line of credit |
41,390 |
28,641 |
| Principal payments on line of credit |
(40,390) |
(28,641) |
| Payment of payroll taxes relating to vesting of restricted stock |
(6) |
0 |
| Net proceeds from the issuance of common stock |
97 |
103 |
| Principal payments on capital lease obligations |
(19) |
(96) |
| Net cash provided by financing activities |
1,213 |
7 |
| Effect of exchange rate changes on cash |
(98) |
(693) |
| Net increase (decrease) in cash and cash equivalents |
1,806 |
(536) |
| Cash and cash equivalents at beginning of period |
9,183 |
9,719 |
| Cash and cash equivalents at end of period |
10,989 |
9,183 |
| Supplemental Disclosure of Cash Flow Information |
|
|
| Cash paid for interest |
54 |
78 |
| Cash paid for income taxes |
533 |
5 |
| Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] |
|
|
| Assets acquired through capital lease |
$ 1,413 |
$ 0 |