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Consolidated Statement of Cash Flows Statement - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows from Operating Activities:    
Net Income $ 18,780 $ 15,690
Loss from discontinued operations 0 (4,740)
Income from continuing operations 18,780 20,430
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on dispositions of property and equipment (1,120) (300)
Depreciation 11,980 10,830
Amortization of intangible assets 10,190 10,580
Amortization of debt issue costs 670 1,020
Deferred income taxes 230 (250)
Non-cash compensation expense 4,140 2,870
Excess tax benefits from stock based compensation (170) (270)
Debt financing and extinguishment costs 0 1,970
Increase in receivables (3,660) (8,930)
(Increase) decrease in inventories 1,130 (9,210)
Decrease in prepaid expenses and other assets 10,650 510
Decrease in accounts payable and accrued liabilities (21,710) (8,550)
Other, net (410) (820)
Net cash provided by operating activities of continuing operations 32,940 20,480
Net cash used for operating activities of discontinued operations 0 (14,030)
Net cash provided by operating activities 32,940 6,450
Cash Flows from Investing Activities:    
Capital expenditures (12,960) (12,890)
Net proceeds from disposition of property and equipment 120 690
Net cash used for investing activities of continuing operations (12,840) (12,200)
Net cash used for investing activities of discontinued operations 0 (2,510)
Net cash used for investing activities (12,840) (14,710)
Cash Flows from Financing Activities:    
Proceeds from borrowings on term loan facilities 0 275,000
Repayments of borrowings on term loan facilities (6,950) (441,360)
Proceeds from borrowings on revolving credit and accounts receivable facilities 216,580 697,890
Repayments of borrowings on revolving credit and accounts receivable facilities (225,050) (703,390)
Payments for deferred purchase price 0 5,710
Debt financing fees 0 (1,850)
Shares surrendered upon vesting of options and restricted stock awards to cover tax obligations (650) (2,620)
Proceeds from exercise of stock options 10 430
Excess tax benefits from stock based compensation 170 270
Cash transferred to the Cequent businesses 0 (17,050)
Net cash used for financing activities of continuing operations (15,890) (198,390)
Net cash provided by financing activities of discontinued operations 0 208,400
Net cash provided by (used for) financing activities (15,890) 10,010
Net increase for the period 4,210 1,750
At beginning of period 19,450 24,420
At end of period 23,660 26,170
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,860 9,690
Cash paid for taxes $ 3,170 $ 17,390