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Consolidated Statement of Cash Flows Statement - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows from Operating Activities:    
Net Income $ 15,690 $ 45,580
Income (loss) from discontinued operations (4,740) 17,450
Income from continuing operations 20,430 28,130
Adjustments to reconcile net income to net cash used for operating activities:    
Loss on dispositions of property and equipment (300) (180)
Depreciation 10,830 10,380
Amortization of intangible assets 10,580 7,180
Amortization of debt issue costs 1,020 960
Deferred income taxes (250) (3,110)
Non-cash compensation expense 2,870 4,190
Excess tax benefit from stock based compensation (270) (1,030)
Debt financing and extinguishment costs 1,970 0
Increase in receivables (8,930) (22,370)
(Increase) decrease in inventories (9,210) 2,030
Decrease in prepaid expenses and other assets 510 1,380
Increase (decrease) in accounts payable and accrued liabilities (8,550) 10,750
Other, net (820) 560
Net cash provided by operating activities of continuing operations 20,480 39,230
Net cash used for operating activities of discontinued operations (14,030) (16,240)
Net cash provided by operating activities 6,450 22,990
Cash Flows from Investing Activities:    
Capital expenditures (12,890) (12,940)
Net proceeds from disposition of property and equipment 690 40
Net cash used for investing activities of continuing operations (12,200) (12,900)
Net cash used for investing activities of discontinued operations (2,510) (7,350)
Net cash used for investing activities (14,710) (20,250)
Cash Flows from Financing Activities:    
Proceeds from borrowings on term loan facilities 275,000 0
Repayments of borrowings on term loan facilities (441,360) (4,440)
Proceeds from borrowings on revolving credit and accounts receivable facilities 697,890 552,110
Repayments of borrowings on revolving credit and accounts receivable facilities (703,390) (489,310)
Payments for deferred purchase price 5,710 0
Debt financing fees (1,850) 0
Distributions to noncontrolling interests 0 (580)
Payment for noncontrolling interests 0 (51,000)
Shares surrendered upon vesting of options and restricted stock awards to cover tax obligations (2,620) (2,740)
Proceeds from exercise of stock options 430 430
Excess tax benefits from stock based compensation 270 1,030
Cash transferred to the Cequent businesses (17,050) 0
Net cash provided by (used for) financing activities of continuing operations (198,390) 5,500
Net cash provided by financing activities of discontinued operations 208,400 3,140
Net cash provided by financing activities 10,010 8,640
Increase for the period 1,750 11,380
At beginning of period 24,420 27,000
At end of period 26,170 38,380
Supplemental disclosure of cash flow information:    
Cash paid for interest 9,690 5,550
Cash paid for taxes $ 17,390 $ 10,740