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Consolidated Statement of Cash Flows Statement - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities:    
Net Income $ 27,560 $ 27,400
Loss from discontinued operations 0 (4,740)
Income from continuing operations 27,560 32,140
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on dispositions of property and equipment (1,350) (590)
Depreciation 17,710 16,430
Amortization of intangible assets 15,330 15,790
Amortization of debt issue costs 1,000 1,360
Deferred income taxes 360 (4,220)
Non-cash compensation expense 5,240 4,590
Excess tax benefits from stock based compensation (640) (300)
Debt financing and extinguishment costs 0 1,970
Increase in receivables (9,790) (15,790)
Increase in inventories (4,560) (7,010)
(Increase) decrease in prepaid expenses and other assets 10,780 (1,020)
Decrease in accounts payable and accrued liabilities (17,150) (15,540)
Other, net (780) (250)
Net cash provided by operating activities of continuing operations 46,410 28,740
Net cash used for operating activities of discontinued operations 0 (14,030)
Net cash provided by operating activities 46,410 14,710
Cash Flows from Investing Activities:    
Capital expenditures (22,390) (20,360)
Net proceeds from disposition of property and equipment 120 1,680
Net cash used for investing activities of continuing operations (22,270) (18,680)
Net cash used for investing activities of discontinued operations 0 (2,510)
Net cash used for investing activities (22,270) (21,190)
Cash Flows from Financing Activities:    
Proceeds from borrowings on term loan facilities 0 275,000
Repayments of borrowings on term loan facilities (10,380) (441,410)
Proceeds from borrowings on revolving credit and accounts receivable facilities 314,860 995,620
Repayments of borrowings on revolving credit and accounts receivable facilities (324,780) (1,006,490)
Payments for deferred purchase price 0 5,810
Debt financing fees 0 (1,850)
Shares surrendered upon vesting of options and restricted stock awards to cover tax obligations (1,500) (2,620)
Proceeds from exercise of stock options 120 430
Excess tax benefits from stock based compensation 640 300
Cash transferred to the Cequent businesses 0 (17,050)
Net cash used for financing activities of continuing operations (21,040) (203,880)
Net cash provided by financing activities of discontinued operations 0 208,400
Net cash provided by (used for) financing activities (21,040) 4,520
Net increase (decrease) for the period 3,100 (1,960)
At beginning of period 19,450 24,420
At end of period 22,550 22,460
Supplemental disclosure of cash flow information:    
Cash paid for interest 8,870 12,320
Cash paid for taxes $ 9,130 $ 22,260