XML 101 R92.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Statements of Guarantors (Details 4) (USD $)
In Thousands, unless otherwise specified
0 Months Ended 3 Months Ended 12 Months Ended
Mar. 21, 2013
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:                        
Net income   $ (141,140) $ 33,267 $ 9,900 $ 53,821         $ (44,152) $ 129,480 $ 146,471
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                        
Impairments and disposals of assets                   214,813 5,269 764
Loss from discontinued operations           (43,461) (51,250) 10,401 (45,171)     23,048
Depreciation of property, plant and equipment                   60,530 64,883 58,311
Amortization of intangible assets                   46,027 45,753 43,960
Foreign currency transaction loss (gain)                   1,702 (946) (289)
Amortization and write-off of deferred financing fees                   19,033 22,504 23,700
Write-off of financing fees 4,232                      
Stock-based compensation                   4,088 2,043 2,680
Allowance for doubtful accounts                   988 (2,587) 297
Amortization of incremental inventory fair value                     2,417  
Inventory reserves                   6,006 2,042 (2,652)
Deferred income taxes                   (48,881) 5,293 (17,057)
Call premium on term loan                     (15,075)  
Changes in operating assets and liabilities:                        
Accounts receivable                   (6,700) (4,696) (22,380)
Inventories                   (123,071) (14,350) (44,790)
Other assets                   372 (3,733) (2,147)
Accounts payable                   (30,932) 45,753 16,097
Accrued expenses and other liabilities                   2,921 27,526 5,491
Net cash provided by operating activities                   102,744 311,576 231,504
Cash provided by operating activities of discontinued operations                       2,546
Net cash provided by operating activities                   102,744 311,576 234,050
Cash flows from investing activities:                        
Purchases of property, plant and equipment                   (105,207) (129,220) (86,314)
Proceeds from sale of buildings and equipment                   7,188 7,548  
Cash paid for acquisitions, net of cash acquired                     (82,473)  
Net proceeds from sale of discontinued operations                       515
Cash used in investing activities of continuing operations                   (98,019) (204,145) (85,799)
Cash flows from financing activities:                        
Principal payments                   (378) (603) (229,375)
Payments for financing fees                     (7,387)  
Proceeds from borrowings under the revolver                     80,000  
Paydowns of borrowings under the revolver                     (80,000)  
Dividends paid                   (60,063) (216,926)  
Capital contribution                       15
Cash used in by financing activities                   (60,441) (224,916) (229,360)
Effect of exchange rate changes on cash and cash equivalents                   (3,357) 910 1,839
Net decrease in cash and cash equivalents                   (59,073) (116,575) (79,270)
Change in cash for discontinued operations                       1,071
Cash and cash equivalents at beginning of year         198,561       315,136 198,561 315,136 393,335
Cash and cash equivalents at end of year   139,488       198,561       139,488 198,561 315,136
Reportable Legal Entities | Parent Company
                       
Cash flows from operating activities:                        
Net income                   (44,152) 129,480 146,471
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                        
Equity in earnings of subsidiaries                   20,328 192,160 191,472
Depreciation of property, plant and equipment                   11,956 8,213 5,275
Foreign currency transaction loss (gain)                     (745) (12)
Amortization and write-off of deferred financing fees                   19,033 22,504 23,700
Stock-based compensation                   3,521 1,845 2,482
Call premium on term loan                     (15,075)  
Changes in operating assets and liabilities:                        
Dividends received                   126,596 62,010 145,174
Net cash provided by operating activities                   96,626 16,072 131,618
Net cash provided by operating activities                       131,618
Cash flows from investing activities:                        
Purchases of property, plant and equipment                   (22,031) (35,186) (20,287)
Proceeds from sale of buildings and equipment                     7,548  
Cash paid for acquisitions, net of cash acquired                     (77,936)  
Investment in subsidiary                   6,500    
Net proceeds from sale of discontinued operations                       515
Cash used in investing activities of continuing operations                   (28,531) (105,574) (19,772)
Cash flows from financing activities:                        
Principal payments                       (224,325)
Payments for financing fees                     (7,387)  
Proceeds from borrowings under the revolver                     80,000  
Paydowns of borrowings under the revolver                     (80,000)  
Dividends paid                   (60,063) (216,926)  
Intercompany                   (11,838) 211,510 35,027
Capital contribution                       15
Cash used in by financing activities                   (71,901) (12,803) (189,283)
Net decrease in cash and cash equivalents                   (3,806) (102,305) (77,437)
Cash and cash equivalents at beginning of year         81,356       183,661 81,356 183,661 261,098
Cash and cash equivalents at end of year   77,550       81,356       77,550 81,356 183,661
Reportable Legal Entities | Guarantor Subsidiaries
                       
Cash flows from operating activities:                        
Net income                   (101,895) 87,010 116,833
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                        
Equity in earnings of subsidiaries                   24,086 20,010 16,525
Impairments and disposals of assets                   213,314 5,014 266
Depreciation of property, plant and equipment                   28,234 40,124 37,603
Amortization of intangible assets                   42,590 42,341 40,680
Foreign currency transaction loss (gain)                   1,372    
Stock-based compensation                   185 72 72
Allowance for doubtful accounts                   407 (2,587) 297
Amortization of incremental inventory fair value                     2,417  
Inventory reserves                   2,874 2,042 (2,652)
Deferred income taxes                   (49,158) 5,293 (23,852)
Changes in operating assets and liabilities:                        
Accounts receivable                   (3,956) 9,126 (18,843)
Inventories                   (88,597) (11,297) (28,139)
Other assets                   7,451 1,721 2,066
Accounts payable                   (56,196) 42,331 14,220
Accrued expenses and other liabilities                   (973) 20,544 (14,924)
Dividends received                   25,341 27,589 3,186
Intercompany accounts                   545 (44,124) 22,778
Net cash provided by operating activities                   (3,638) 295,854 87,510
Net cash provided by operating activities                       87,510
Cash flows from investing activities:                        
Purchases of property, plant and equipment                   (34,701) (59,039) (41,182)
Proceeds from sale of buildings and equipment                   7,178    
Cash paid for acquisitions, net of cash acquired                     (4,537)  
Cash used in investing activities of continuing operations                   (27,523) (63,576) (41,182)
Cash flows from financing activities:                        
Intercompany                   (3,445) (211,510) (35,027)
Cash used in by financing activities                   (3,445) (211,510) (35,027)
Net decrease in cash and cash equivalents                   (34,606) 20,768 11,301
Cash and cash equivalents at beginning of year         35,357       14,589 35,357 14,589 3,288
Cash and cash equivalents at end of year   751       35,357       751 35,357 14,589
Reportable Legal Entities | Non-Guarantor Subsidiaries
                       
Cash flows from operating activities:                        
Net income                   146,309 125,160 91,164
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                        
Impairments and disposals of assets                   1,499 255 498
Loss from discontinued operations                       23,048
Depreciation of property, plant and equipment                   20,340 16,546 15,433
Amortization of intangible assets                   3,437 3,412 3,280
Foreign currency transaction loss (gain)                   330 (201) (277)
Stock-based compensation                   382 126 126
Allowance for doubtful accounts                   581    
Inventory reserves                   3,132    
Deferred income taxes                   277   6,795
Changes in operating assets and liabilities:                        
Accounts receivable                   (2,744) (13,822) (3,537)
Inventories                   (34,474) (3,053) (16,651)
Other assets                   (7,079) (5,454) (4,213)
Accounts payable                   25,264 3,422 1,877
Accrued expenses and other liabilities                   3,894 6,982 20,415
Intercompany accounts                   (545) 44,124 (22,778)
Net cash provided by operating activities                   161,693 89,249 160,736
Cash provided by operating activities of discontinued operations                       2,546
Net cash provided by operating activities                       163,282
Cash flows from investing activities:                        
Purchases of property, plant and equipment                   (48,475) (34,995) (24,845)
Proceeds from sale of buildings and equipment                   10    
Cash used in investing activities of continuing operations                   (48,465) (34,995) (24,845)
Cash flows from financing activities:                        
Principal payments                   (378) (603) (5,050)
Dividends paid                   (151,937) (89,599) (148,360)
Intercompany                   15,283    
Capital contribution                   6,500    
Cash used in by financing activities                   (130,532) (90,202) (153,410)
Effect of exchange rate changes on cash and cash equivalents                   (3,357) 910 1,839
Net decrease in cash and cash equivalents                   (20,661) (35,038) (13,134)
Change in cash for discontinued operations                       1,071
Cash and cash equivalents at beginning of year         81,848       116,886 81,848 116,886 128,949
Cash and cash equivalents at end of year   61,187       81,848       61,187 81,848 116,886
Eliminations
                       
Cash flows from operating activities:                        
Net income                   (44,414) (212,170) (207,997)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                        
Equity in earnings of subsidiaries                   (44,414) (212,170) (207,997)
Changes in operating assets and liabilities:                        
Dividends received                   (151,937) (89,599) (148,360)
Net cash provided by operating activities                   (151,937) (89,599) (148,360)
Net cash provided by operating activities                       (148,360)
Cash flows from investing activities:                        
Investment in subsidiary                   (6,500)    
Cash used in investing activities of continuing operations                   6,500    
Cash flows from financing activities:                        
Dividends paid                   151,937 89,599 148,360
Capital contribution                   (6,500)    
Cash used in by financing activities                   145,437 89,599 148,360
As Reported | Reportable Legal Entities | Parent Company
                       
Cash flows from operating activities:                        
Net income                     129,500 146,500
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                        
Equity in earnings of subsidiaries                     (295,500) (290,600)
Changes in operating assets and liabilities:                        
Intercompany accounts                     378,000 279,300
Net cash provided by operating activities                     227,600  
Net cash provided by operating activities                       166,600
Cash flows from investing activities:                        
Cash paid for acquisitions, net of cash acquired                     (77,900)  
Cash used in investing activities of continuing operations                     (105,600)  
Cash flows from financing activities:                        
Dividends paid                     (216,900)  
Cash used in by financing activities                     (224,300) (224,300)
As Reported | Reportable Legal Entities | Guarantor Subsidiaries
                       
Cash flows from operating activities:                        
Net income                     170,400 199,400
Changes in operating assets and liabilities:                        
Intercompany accounts                     (243,700) (153,700)
Net cash provided by operating activities                     84,900  
Net cash provided by operating activities                       52,500
Cash flows from investing activities:                        
Cash paid for acquisitions, net of cash acquired                     (4,500)  
Cash used in investing activities of continuing operations                     (63,600)  
Cash flows from financing activities:                        
Cash used in by financing activities                     (600)  
As Reported | Reportable Legal Entities | Non-Guarantor Subsidiaries
                       
Cash flows from operating activities:                        
Net income                     125,200 91,200
Changes in operating assets and liabilities:                        
Intercompany accounts                     (134,300) (125,600)
Net cash provided by operating activities                     (1,000)  
Net cash provided by operating activities                       14,900
Cash flows from investing activities:                        
Cash used in investing activities of continuing operations                     (35,000)  
Cash flows from financing activities:                        
Cash used in by financing activities                       (5,100)
As Reported | Eliminations
                       
Cash flows from operating activities:                        
Net income                     (295,500) (290,600)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                        
Equity in earnings of subsidiaries                     295,500 290,600
As Revised | Reportable Legal Entities | Parent Company
                       
Cash flows from operating activities:                        
Net income                     129,500 146,500
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                        
Equity in earnings of subsidiaries                     (192,200) (191,500)
Changes in operating assets and liabilities:                        
Dividends received                     62,000 145,200
Net cash provided by operating activities                     16,100  
Net cash provided by operating activities                       131,600
Cash flows from investing activities:                        
Cash paid for acquisitions, net of cash acquired                     (77,900)  
Cash used in investing activities of continuing operations                     (105,600)  
Cash flows from financing activities:                        
Dividends paid                     (216,900)  
Cash used in by financing activities                     (12,800) (189,300)
As Revised | Reportable Legal Entities | Guarantor Subsidiaries
                       
Cash flows from operating activities:                        
Net income                     87,000 116,800
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                        
Equity in earnings of subsidiaries                     (20,000) (16,500)
Changes in operating assets and liabilities:                        
Dividends received                     27,600 3,200
Intercompany accounts                     44,100 (22,800)
Net cash provided by operating activities                     295,900  
Net cash provided by operating activities                       87,500
Cash flows from investing activities:                        
Cash paid for acquisitions, net of cash acquired                     (4,500)  
Cash used in investing activities of continuing operations                     (63,600)  
Cash flows from financing activities:                        
Cash used in by financing activities                     (211,500) (35,000)
As Revised | Reportable Legal Entities | Non-Guarantor Subsidiaries
                       
Cash flows from operating activities:                        
Net income                     125,200 91,200
Changes in operating assets and liabilities:                        
Intercompany accounts                     (44,100) 22,800
Net cash provided by operating activities                     89,200  
Net cash provided by operating activities                       163,300
Cash flows from investing activities:                        
Cash used in investing activities of continuing operations                     (35,000)  
Cash flows from financing activities:                        
Dividends paid                     (89,600) (148,400)
Cash used in by financing activities                     (90,200) (153,400)
As Revised | Eliminations
                       
Cash flows from operating activities:                        
Net income                     (212,200) (208,000)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                        
Equity in earnings of subsidiaries                     212,200 208,000
Changes in operating assets and liabilities:                        
Dividends received                     (89,600) (148,400)
Net cash provided by operating activities                     (89,600)  
Net cash provided by operating activities                       (148,400)
Cash flows from financing activities:                        
Dividends paid                     89,600 148,400
Cash used in by financing activities                     $ 89,600 $ 148,400