Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net Cash From (For) Operating Activities:    
Net income (loss) $ 11,116 $ (3,799)
Adjustments to reconcile net income to net cash from (for) operating activities:    
Depreciation and amortization 2,895 3,053
Share-based compensation 1,600 808
Loss on sale of property and equipment 950 97
Provision for bad debt expense 1,054 944
Loss from inventory obsolescence 335 358
Deferred income taxes, net (3) (500)
Changes in certain assets and liabilities:    
Receivables, net (8,505) 2,047
Inventories, net 10,350 2,223
Prepaids and other current assets 7,167 450
Accounts payable (29,846) (31,265)
Long-term portion of insurance reserves (1,014) 1,713
Accrued liabilities 7,158 5,232
Other, net 96  
Net cash from (for) operating activities 3,353 (18,639)
Cash Flows From (For) Investing Activities:    
Purchases of property and equipment (2,900) (2,298)
Proceeds from sale of property and equipment 76 369
Other, net 68 140
Net cash for investing activities (2,756) (1,789)
Cash Flows From (For) Financing Activities:    
Net transfer from Former Parent   21,062
Repayment of long-term debt (2,500)  
Taxes withheld and paid on employees' equity awards (1,256)  
Repurchase of shares of common stock (1,539)  
Net cash (for) from financing activities (5,295) 21,062
CASH AND CASH EQUIVALENTS:    
(Decrease) increase for the year (4,698) 634
Cash and cash equivalents at beginning of period 112,848 2,965
Cash and cash equivalents at end of period 108,150 $ 3,599
Supplemental disclosure of noncash investing activities:    
Accruals for property and equipment $ 426