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Consolidated and Combined Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating activities      
Net income $ 23,655 $ 30,973 $ 22,812
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 1,920 3,138 2,149
Loss on disposal of property, plant, and equipment 405 686 103
Stock-based compensation 4,649 6,658 2,324
Amortization of debt issuance costs 1,198 1,130 185
Changes in assets and liabilities:      
Receivables 37,814 (9,886) 21,608
Other assets (13,903) 12,005 (1,329)
Accounts payable (3,766) 8,874 6,169
Billings in excess of costs (4,605) 219 (5,266)
Deferred taxes (2,163) (9,404) 11,282
Compensation and other employee benefits (1,808) 275 (13,245)
Other liabilities (6,778) (25,788) (3,813)
Net cash provided by operating activities 36,618 18,880 42,979
Investing activities      
Purchases of capital assets (741) (793) (3,847)
Proceeds from the disposition of assets 116 387 497
Distributions from equity investment 573 524 0
Net cash (used in) provided by investing activities (52) 118 (3,350)
Financing activities      
Proceeds from issuance of long-term debt 0 0 140,000
Repayments of long-term debt (29,000) (23,375) (2,625)
Proceeds from revolver 74,000 324,000 23,000
Repayments of revolver (74,000) (324,000) (23,000)
Distribution to subsidiary of Exelis 0 0 (136,281)
Proceeds from exercise of stock options 2,146 239 0
Payment of debt issuance costs (221) 0 (3,701)
Proceeds from insurance financing 0 14,857 0
Repayments of insurance financing 0 (12,130) 0
Payments of employee withholding taxes on share-based compensation (987) (1,301) (229)
Working capital adjustment payment from Exelis 0 0 2,600
Transfer to Former Parent, net 0 0 (6,371)
Net cash (used in) financing activities (28,062) (21,710) (6,607)
Exchange rate effect on cash (848) (116) (645)
Net change in cash 7,656 (2,828) 32,377
Cash-beginning of year 39,995 42,823 10,446
Cash-end of year 47,651 39,995 42,823
Supplemental Disclosure of Cash Flow Information:      
Interest paid 5,278 6,047 1,201
Income taxes paid 26,068 16,096 2,667
Non-cash investing activities:      
Non-cash investing activities: Purchase of capital assets on account $ 0 $ 0 $ 92