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Consolidated Statement of Cash Flows Statement (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows from Operating Activities:    
Net income $ 28,840 $ 26,860
Adjustments to reconcile net income to net cash provided by (used for) operating activities, net of acquisition impact:    
Gain on dispositions of property and equipment (20) (9,310)
Gain on bargain purchase 0 (410)
Depreciation 12,620 11,960
Amortization of intangible assets 7,040 7,090
Amortization of debt issue costs 1,510 1,450
Deferred income taxes 7,130 9,610
Debt extinguishment costs 3,970 0
Non-cash compensation expense 1,660 760
Increase in receivables (52,050) (43,130)
(Increase) decrease in inventories (13,190) 5,150
(Increase) decrease in prepaid expenses and other assets (3,900) 1,820
Increase (decrease) in accounts payable and accrued liabilities (160) 20,160
Other, net 1,890 (590)
Net cash provided by (used for) operating activities, net of acquisition impact (4,660) 31,420
Cash Flows from Investing Activities:    
Capital expenditures (14,020) (5,250)
Acquisition of businesses, net of cash acquired 0 (11,660)
Net proceeds from disposition of assets 1,660 14,740
Net cash used for investing activities (12,360) (2,170)
Cash Flows from Financing Activities:    
Proceeds from borrowings on term loan facilities 226,520 0
Repayments of borrowings on term loan facilities (248,950) (8,430)
Proceeds from borrowings on revolving credit facilities and accounts receivable facility 303,520 264,930
Repayments of borrowings on revolving credit facilities and accounts receivable facility (297,600) (270,930)
Debt financing fees (6,570) 0
Shares surrendered upon vesting of options and restricted stock awards to cover tax obligations (830) (180)
Proceeds from exercise of stock options 830 80
Excess tax benefits from stock based compensation 3,800 390
Net cash used for financing activities (19,280) (14,140)
Increase (decrease) for the period (36,300) 15,110
At beginning of period 46,370 9,480
At end of period 10,070 24,590
Cash paid for interest 22,710 22,000
Cash paid for taxes $ 9,140 $ 3,270