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Consolidated Statement of Cash Flows Statement - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities:    
Net Income $ 34,970 $ 27,560
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on dispositions of assets (3,210) (1,350)
Depreciation 18,890 17,710
Amortization of intangible assets 14,920 15,330
Amortization of debt issue costs 1,030 1,000
Deferred income taxes 2,420 360
Non-cash compensation expense 5,090 5,240
Tax effect from stock based compensation 0 (640)
Debt financing and related expenses 6,640 0
Increase in receivables (12,700) (9,790)
Increase in inventories (580) (4,560)
Decrease in prepaid expenses and other assets 7,110 10,780
Decrease in accounts payable and accrued liabilities (8,590) (17,150)
Other operating activities 240 (780)
Net cash provided by operating activities 72,650 46,410
Cash Flows from Investing Activities:    
Capital expenditures (24,120) (22,390)
Net proceeds from disposition of property and equipment 1,800 120
Net cash used for investing activities (22,320) (22,270)
Cash Flows from Financing Activities:    
Proceeds from issuance of senior notes 300,000 0
Repayments of borrowings on term loan facilities (257,940) (10,380)
Proceeds from borrowings on revolving credit and accounts receivable facilities 353,710 314,860
Repayments of borrowings on revolving credit and accounts receivable facilities (435,250) (324,780)
Debt financing fees (6,070) 0
Shares surrendered upon options and restricted stock vesting to cover taxes (480) (1,500)
Other financing activities (250) 760
Net cash used for financing activities (46,280) (21,040)
Net increase for the period 4,050 3,100
At beginning of period 20,710 19,450
At end of period 24,760 22,550
Supplemental disclosure of cash flow information:    
Cash paid for interest 9,020 8,870
Cash paid for taxes $ 13,140 $ 9,130