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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities    
Net income $ 12,574 $ 13,405
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 3,067 1,799
Amortization 3,464 1,333
Deferred income taxes   1,512
Non-cash interest expense 305 62
Share-based compensation expense 854 982
Increase (decrease) in accounts receivable allowances 625 (250)
Increase in inventory reserves 698 615
Amortization of inventory step up to fair value 453 482
Decrease in valuation of private placement warrants liability (8,040) (1,190)
Decrease in valuation of contingent consideration liability (50) (3,782)
Loss on investment in joint ventures 260 136
Loss on disposal of assets 142 77
(Increase) decrease in operating assets, net of effects of business combinations:    
Accounts receivable (10,605) (21,917)
Inventories 589 (23,398)
Prepaid expenses and other assets (1,795) (2,342)
Increase (decrease) in operating liabilities, net of effects of business combinations:    
Accounts payable (23,659) 19,549
Accrued compensation and benefits and other accrued liabilities (1,046) (133)
Income taxes payable (779) (27)
Other noncurrent liabilities 355 (363)
Net cash used in operating activities (22,588) (13,450)
Cash flows from investing activities    
Purchases of property, plant & equipment (6,661) (4,749)
Business combinations, net of cash acquired (34,396) (44,122)
Investment in joint ventures (1,000) (350)
Net cash used in investing activities (42,057) (49,221)
Cash flows from financing activities    
Advances from revolving line of credit - noncurrent obligation 85,180 67,946
Repayments of revolving line of credit - noncurrent obligation (64,149) (11,831)
Proceeds from long-term debt 55,000 5,000
Proceeds from exercise of private placement warrants 65 1,425
Excess tax benefit from exercise of share-based awards 102 2,469
Payment of withholding taxes from net settlement of share-based awards (316) (361)
Payments on long-term debt (4,028) (555)
Cash paid for financing and transaction fees (1,517) (126)
Net cash provided by financing activities 70,337 63,967
Increase in cash 5,692 1,296
Cash at beginning of period 6,561 6,306
Cash at end of period 12,253 7,602
Supplemental disclosures of cash flow information    
Cash paid for interest 1,416 748
Cash paid for income taxes 5,971 3,828
Supplemental disclosure of non-cash transactions    
Unpaid property, plant & equipment 575 937
Fair value of private placement warrants exercised $ 255 $ 7,320