XML 39 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Oct. 31, 2014
Oct. 31, 2013
Cash Flows from Operating Activities:    
Net income (loss) $ 207 $ (738)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Income from discontinued operations, net of tax   (284)
Loss on disposal of discontinued operations, net of tax   378
Gain on sale of property and equipment (153) (389)
Depreciation and amortization 32,396 30,866
Depletion of landfill operating lease obligations 6,198 5,491
Interest accretion on landfill and environmental remediation liabilities 1,752 2,068
Amortization of discount on senior subordinated notes 129 119
Loss from equity method investments   887
Loss (gain) on derivative instruments 293 (25)
Stock-based compensation 1,209 1,209
Excess tax benefit on the vesting of share based awards (12)  
Deferred income taxes 379 504
Changes in assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable (6,700) (5,782)
Accounts payable (4,412) (2,432)
Prepaid expenses, inventories and other assets (3,017) (2,997)
Accrued expenses and other liabilities (5,435) (756)
Net cash provided by operating activities 22,834 28,119
Cash Flows from Investing Activities:    
Acquisitions, net of cash acquired (314) (2,822)
Additions to property, plant and equipment (35,548) (26,059)
Payments on landfill operating lease contracts (2,454) (3,471)
Payments related to investments   (2,148)
Proceeds from sale of property and equipment 342 929
Net cash provided by (used in) investing activities (38,019) (34,936)
Cash Flows from Financing Activities:    
Proceeds from long-term borrowings 80,700 83,190
Principal payments on long-term debt (65,070) (72,586)
Payments of financing costs (506) (388)
Proceeds from the exercise of share based awards 143  
Excess tax benefit on the vesting of share based awards 12  
Net cash provided by (used in) financing activities 15,279 10,216
Discontinued Operations:    
Net cash used in operating activities   (201)
Net cash provided by investing activities 176  
Net cash provided by (used in) discontinued operations 176 (201)
Net increase in cash and cash equivalents 270 3,198
Cash and cash equivalents, beginning of period 2,464 1,755
Cash and cash equivalents, end of period 2,734 4,953
Cash paid during the period for:    
Interest 17,439 17,577
Income taxes, net of refunds 75 622
Supplemental Disclosures of Non-Cash Investing and Financing Activities:    
Receivable due from noncontrolling interest holder 152  
Property, plant and equipment acquired through lease obligations   2,301
Acquisition [Member]
   
Cash Flows from Investing Activities:    
Additions to property, plant and equipment $ (45) $ (1,365)