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Consolidated Statement of Cash Flows Statement - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities:    
Net Income $ 21,840 $ 18,780
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on dispositions of assets (3,030) (1,120)
Depreciation 13,050 11,980
Amortization of intangible assets 9,990 10,190
Amortization of debt issue costs 690 670
Deferred income taxes 2,060 230
Non-cash compensation expense 3,340 4,140
Tax effect from stock based compensation 0 (170)
Increase in receivables (11,490) (3,660)
Decrease in inventories 2,850 1,130
Decrease in prepaid expenses and other assets 6,280 10,650
Decrease in accounts payable and accrued liabilities (1,930) (21,710)
Other operating activities (120) (410)
Net cash provided by operating activities 49,590 32,940
Cash Flows from Investing Activities:    
Capital expenditures (16,910) (12,960)
Net proceeds from disposition of property and equipment 1,780 120
Net cash used for investing activities (15,130) (12,840)
Cash Flows from Financing Activities:    
Repayments of borrowings on term loan facilities (6,910) (6,950)
Proceeds from borrowings on revolving credit and accounts receivable facilities 300,050 216,580
Repayments of borrowings on revolving credit and accounts receivable facilities (324,900) (225,050)
Shares surrendered upon options and restricted stock vesting to cover taxes (480) (650)
Other financing activities (250) 180
Net cash used for financing activities (32,490) (15,890)
Net increase for the period 1,970 4,210
At beginning of period 20,710 19,450
At end of period 22,680 23,660
Supplemental disclosure of cash flow information:    
Cash paid for interest 6,060 5,860
Cash paid for taxes $ 10,600 $ 3,170