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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities    
Net income $ 52,093 $ 80,128
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 44,364 42,499
Deferred income taxes 3,182 318
(Income) loss from discontinued operations (403) 408
Restructuring charges 999 817
Impairment recoveries (35) (29,098)
(Gains) losses on dispositions of property and other assets (135) 465
Share-based compensation expense 5,056 9,484
Other non-cash items, net 3,553 3,603
Change in operating assets and liabilities (excluding the impact of acquisitions):    
Receivables (21,289) (25,966)
Inventories (2,792) (726)
Current contract costs (11,928) (6,122)
Accounts payable 12,972 18,998
Restructuring liabilities (1,330) (1,748)
Accrued compensation (12,275) (7,455)
Contract liabilities 28,045 9,742
Income taxes payable (9,580) 16,058
Other assets and liabilities, net 11,113 3,238
Net cash provided by operating activities 101,610 114,643
Cash flows from investing activities    
Capital expenditures (69,596) (39,493)
Proceeds from insurance   31,570
Cash paid for acquired businesses, net   (1,661)
Proceeds from dispositions of property and other assets 1,320 734
Net cash used in investing activities (68,276) (8,850)
Cash flows from financing activities    
Proceeds from borrowings 101,336 60,574
Payments on debt and capital lease obligations (113,429) (128,808)
Dividends paid on common stock (6,128) (6,119)
Debt issuance costs   (5)
Common stock purchased for treasury (10,240) (1,272)
Proceeds from exercise of stock options 84  
Net cash used in financing activities (28,377) (75,630)
Effect of exchange rate changes on cash and cash equivalents (3,210) 2,418
Net change in cash and cash equivalents 1,747 32,581
Cash and cash equivalents, beginning of year 53,723 20,900
Cash and cash equivalents, end of period $ 55,470 $ 53,481