XML 18 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities    
Net loss $ (7,145) $ (2,120)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 8,370 8,708
Deferred income taxes (1,380) (955)
Loss from discontinued operations 186 148
Restructuring charges 992 216
Gains on dispositions of property and other assets (150) (37)
Share-based compensation expense 1,066 1,231
Excess tax benefit from share-based compensation arrangements (28) (283)
Other non-cash items, net 937 964
Change in operating assets and liabilities (excluding the impact of acquisitions):    
Receivables (6,942) (21,807)
Inventories (9,807) (3,150)
Accounts payable 21,366 20,067
Restructuring liabilities (1,314) (603)
Accrued compensation (7,147) (4,141)
Customer deposits 26,684 20,542
Income taxes payable (2,080) (281)
Other assets and liabilities, net (6,569) (235)
Net cash provided by operating activities 17,039 18,264
Cash flows from investing activities    
Capital expenditures (7,323) (5,300)
Cash received (paid) for acquired businesses (57,766) 279
Proceeds from dispositions of property and other assets 229 36
Net cash used in investing activities (64,860) (4,985)
Cash flows from financing activities    
Proceeds from borrowings 50,000 20,000
Payments on debt and capital lease obligations (15,029) (23,279)
Dividends paid on common stock (2,024) (2,000)
Debt issuance costs (339)  
Common stock purchased for treasury (651) (4,702)
Excess tax benefit from share-based compensation arrangements 28 283
Proceeds from exercise of stock options   225
Net cash provided by (used in) financing activities 31,985 (9,473)
Effect of exchange rate changes on cash and cash equivalents 640 (2,943)
Net change in cash and cash equivalents (15,196) 863
Cash and cash equivalents, beginning of year 56,531 56,990
Cash and cash equivalents, end of period 41,335 57,853
Supplemental disclosure of cash flow information    
Cash paid for income taxes 3,497 2,203
Cash paid for interest 1,089 908
Property and equipment acquired under capital leases 515  
Property and equipment purchases in accounts payable and accrued liabilities $ 3,105 $ 223