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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Oct. 02, 2015
Cash flows from operating activities:    
Consolidated net income $ 14,247 $ 29,512
Less: Loss from discontinued operations, net of tax   13
Income from continuing operations 14,247 29,525
Adjustments to reconcile income from continuing operations to net cash provided by operating activities of continuing operations:    
Depreciation and amortization 15,317 14,088
Provision for inventory excess and obsolescence 2,387 1,303
Share-based compensation 3,385 3,494
Deferred income taxes 162 3,782
Earnings from equity-method investment (1,698) (2,007)
Gain on disposal of business   (19,633)
Gain on sale of fixed assets (1,736) (24)
Dividend from equity-method investment 2,341  
Non-cash restructuring and acquisition related charges 616 511
Earn-out adjustments 1,427  
Other 974 921
Changes in assets and liabilities which (used)/provided cash, excluding effects from businesses purchased or classified as discontinued operations:    
Accounts receivable (3,683) (6,996)
Inventories (1,470) (5,352)
Income taxes receivable, prepaid expenses and other current assets (3,594) 1,244
Accounts payable, income taxes payable, accrued expenses and other current liabilities 6,110 6,602
Other non-current assets and liabilities (78) (1,982)
Cash provided by operating activities of continuing operations 34,707 25,476
Cash used in operating activities of discontinued operations   (13)
Cash provided by operating activities 34,707 25,463
Cash flows from investing activities:    
Purchases of property, plant and equipment (7,005) (4,111)
Acquisition of businesses, net of cash acquired and working capital adjustments (8,952) (13,048)
Proceeds from the sale of property, plant and equipment 7,037 123
Proceeds from the sale of business, net of transaction costs   29,570
Cash provided by (used in) investing activities of continuing operations (8,920) 12,534
Cash provided by investing activities of discontinued operations 1,498  
Cash provided by (used in) investing activities (7,422) 12,534
Cash flows from financing activities:    
Borrowings under revolving credit facility   13,000
Repayments of long-term debt and revolving credit facility (14,375) (18,625)
Payments for debt issuance costs (2,496)  
Payments of withholding taxes from stock-based compensation awards (1,719) (1,431)
Repurchase of common stock (1,634) (997)
Capital lease payments (905) (414)
Other financing activities (1) 23
Cash used in financing activities of continuing operations (21,130) (8,444)
Cash used in financing activities of discontinued operations 0 0
Cash used in financing activities (21,130) (8,444)
Effect of exchange rates on cash and cash equivalents (1,375) (610)
Increase in cash and cash equivalents 4,780 28,943
Cash and cash equivalents, beginning of period 59,959 51,146
Cash and cash equivalents, end of period 64,739 80,089
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,167 2,939
Cash paid for income taxes 10,870 6,071
Income tax refunds received $ 359 $ 63