XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statement of Cash Flows Statement - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net income (loss) $ 44,490 $ (103,450)
Adjustments to reconcile income to net cash provided by operating activities, net of acquisition impact:    
Impairment of goodwill and indefinite-lived intangible assets 0 134,600
Loss on dispositions of assets 130 1,080
Depreciation 23,740 21,700
Amortization of intangible assets 16,150 15,460
Amortization of debt issue costs 740 860
Deferred income taxes 3,480 (17,790)
Non-cash compensation expense 7,320 5,610
Non-cash change in legacy liability estimate 0 23,400
Debt financing and related expenses 10,520 0
Increase in receivables (23,260) (6,210)
(Increase) decrease in inventories (5,850) 4,510
(Increase) decrease in prepaid expenses and other assets (3,830) 5,500
Increase (decrease) in accounts payable and accrued liabilities 450 (7,410)
Other operating activities 3,660 1,250
Net cash provided by operating activities, net of acquisition impact 77,740 79,110
Cash Flows from Investing Activities:    
Capital expenditures (29,850) (17,670)
Acquisition of businesses, net of cash acquired 0 (95,160)
Net proceeds from disposition of business, property and equipment 160 1,930
Net cash used for investing activities (29,690) (110,900)
Cash Flows from Financing Activities:    
Retirement of senior notes (300,000) 0
Proceeds from issuance of senior notes 400,000 0
Proceeds from borrowings on revolving credit facilities 0 300,950
Repayments of borrowings on revolving credit facilities (48,620) (303,240)
Debt financing fees and senior notes redemption premium (13,570) 0
Shares surrendered upon exercise and vesting of equity awards to cover taxes (4,690) (2,600)
Payments to purchase common stock (18,160) (36,050)
Net cash provided by (used for) financing activities 14,960 (40,940)
Increase (decrease) for the period 63,010 (72,730)
At beginning of period 73,950 172,470
At end of period 136,960 99,740
Supplemental disclosure of cash flow information:    
Cash paid for interest 6,490 7,490
Cash paid for taxes $ 8,250 $ 6,660