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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Consolidated net income $ 62,307 $ 22,003 $ 35,615
Less: Loss from discontinued operations, net of tax     13
Income from continuing operations 62,307 22,003 35,628
Adjustments to reconcile income from continuing operations to net cash provided by operating activities of continuing operations:      
Depreciation and amortization 30,758 20,357 19,114
Provision for inventory excess and obsolescence 1,421 3,091 1,934
Share-based compensation 5,493 4,293 4,387
Deferred income taxes (2,560) (1,766) (1,692)
Earnings from equity-method investment (104) (2,191) (2,657)
Dividend from equity-method investment   2,341  
Gain on acquisition of business (26,409)    
Gain on disposal of business     (19,629)
Gain on sale of fixed assets 36 (1,707) 1
Contingent consideration adjustments 425 1,267 430
Inventory acquisition fair value adjustment 4,754 173 215
Non-cash interest expense 825 882 935
Other non-cash items 283 813 1,192
Changes in assets and liabilities which provided (used) cash, excluding effects from businesses purchased or classified as held for sale:      
Accounts receivable (2,077) (6,394) (7,526)
Inventories (13,587) (2,917) (3,338)
Prepaid expenses and other current assets (2,169) (1,729) 902
Prepaid income taxes and income taxes receivable (2,282) 462 3,431
Accounts payable, income taxes payable, accrued expenses and other current liabilities 8,993 10,590 2,167
Other non-current assets and liabilities (2,729) (1,780) (2,065)
Cash provided by operating activities of continuing operations 63,378 47,788 33,429
Cash used in operating activities of discontinued operations     (13)
Cash provided by operating activities 63,378 47,788 33,416
Cash flows from investing activities:      
Purchases of property, plant and equipment (9,094) (8,462) (5,552)
Acquisition of businesses, net of cash acquired (168,332) (8,958) (25,987)
Acquisition of intangible assets   (3,980)  
Proceeds from sale of business, net of transaction costs     29,570
Proceeds from sale of property, plant and equipment 46 7,037 127
Cash used in investing activities of continuing operations (177,380) (14,363) (1,842)
Cash provided by investing activities of discontinued operations   1,498 209
Cash used in investing activities (177,380) (12,865) (1,633)
Cash flows from financing activities:      
Borrowings under revolving credit facility 176,769   13,000
Repayments of long-term debt and revolving credit facility (26,925) (16,250) (30,500)
Payments of debt issuance costs (655) (2,523)  
Payments of withholding taxes from stock-based awards (2,090) (1,789) (1,941)
Payments of contingent considerations (2,546)    
Repurchases of common stock (370) (1,634) (1,627)
Other financing activities (853) (993) (467)
Cash provided by (used in) financing activities of continuing operations 143,330 (23,189) (21,535)
Cash provided by (used in) financing activities of discontinued operations 0 0 0
Cash provided by (used in) financing activities 143,330 (23,189) (21,535)
Effect of exchange rates on cash and cash equivalents 2,621 (3,585) (1,435)
Increase in cash and cash equivalents 31,949 8,149 8,813
Cash and cash equivalents, beginning of year 68,108 59,959 51,146
Cash and cash equivalents, end of year 100,057 68,108 59,959
Supplemental disclosure of cash flow information:      
Cash paid for interest 5,832 2,917 3,784
Cash paid for income taxes 21,121 14,058 10,688
Income tax refunds received 337 932 3,939
Supplemental disclosure of non-cash investing activity:      
Accrual for capital expenditures $ 1,601 $ 1,253 $ 1,180