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Consolidated Statement of Cash Flows Statement (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash Flows from Operating Activities:    
Net Income $ 12,250 $ 11,750
Adjustments to reconcile net income to net cash used for operating activities, net of acquisition impact:    
Gain on disposition of property and equipment 300 60
Depreciation 6,450 6,230
Amortization of intangible assets 4,200 3,500
Amortization of debt issue costs 910 760
Deferred income taxes 670 9,530
Non-cash compensation expense 1,410 860
Excess tax benefit from stock based compensation (1,770) (1,510)
Increase in receivables (33,260) (41,710)
Increase in inventories (15,040) (2,760)
Increase in prepaid expenses and other assets (1,000) (3,240)
Decrease in accounts payable and accrued liabilities (15,550) (11,550)
Other, net 1,630 1,200
Net cash used for operating activities, net of acquisition impact (39,400) (27,000)
Cash Flows from Investing Activities:    
Capital expenditures (11,370) (6,810)
Acquisition of businesses, net of cash acquired (59,190) 0
Net proceeds from disposition of assets 320 500
Net cash used for investing activities (70,240) (6,310)
Cash Flows from Financing Activities:    
Proceeds from borrowings on term loan facilities 36,420 1,530
Repayments of borrowings on term loan facilities (31,010) (650)
Proceeds from borrowings on revolving credit facilities and accounts receivable facility 180,000 135,700
Repayments of borrowings on revolving credit facilities and accounts receivable facility (156,000) (135,700)
Shares surrendered upon vesting of options and restricted stock awards to cover tax obligations (990) (720)
Proceeds from exercise of stock options 5,490 180
Excess tax benefits from stock based compensation 1,770 1,510
Net cash provided by financing activities 35,680 1,850
Decrease for the period (73,960) (31,460)
At beginning of period 88,920 46,370
At end of period 14,960 14,910
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,080 4,730
Cash paid for taxes $ 8,050 $ 2,600