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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities      
Net income (loss) $ 33,675 $ 23,448 $ (81,824)
Loss from discontinued operations (44) (28) (32)
Income (loss) from continuing operations 33,719 23,476 (81,792)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 24,114 30,548 25,432
Intangible asset impairment 10,175 4,863 107,970
Loss on sale of business (8,763) 0 0
Stock compensation expense 6,373 3,891 3,150
Net (gain) loss on sale of assets (42) (6,431) 45
Exit activity costs (recoveries), non-cash 7,530 8,504 (455)
Benefit of deferred income taxes (4,893) (2,051) (6,640)
Other, net 685 4,222 60
Changes in operating assets and liabilities (excluding the effects of acquisitions):      
Accounts receivable 37,828 (17,215) (14,323)
Inventories 11,782 22,271 (8,599)
Other current assets and other assets 2,511 759 (2,456)
Accounts payable (17,060) (5,157) 11,205
Accrued expenses and other non-current liabilities 1,253 19,004 (1,014)
Net cash provided by operating activities of continuing operations 122,738 86,684 32,583
Net cash used in operating activities of discontinued operations 0 0 (41)
Net cash provided by operating activities 122,738 86,684 32,542
Cash Flows from Investing Activities      
Purchases of property, plant, and equipment (10,779) (12,373) (23,291)
Acquisitions, net of cash acquired (23,412) (140,621) 0
Net proceeds from sale of property and equipment 953 26,500 5,992
Net proceeds from sale of business 8,250 0 0
Other, net 1,118 1,154 277
Net cash used in investing activities (23,870) (125,340) (17,022)
Cash Flows from Financing Activities      
Long-term debt payments (400) (73,642) (407)
Proceeds from long-term debt 0 73,242 0
Payment of debt issuance costs (54) (1,166) (35)
Purchase of treasury stock at market prices (1,539) (956) (575)
Excess tax benefit from stock compensation 1,249 537 100
Net proceeds from issuance of common stock 3,341 1,801 595
Net cash provided by (used in) financing activities 2,597 (184) (322)
Effect of exchange rate changes on cash (146) (2,912) (1,627)
Net increase (decrease) in cash and cash equivalents 101,319 (41,752) 13,571
Cash and cash equivalents at beginning of year 68,858 110,610 97,039
Cash and cash equivalents at end of year $ 170,177 $ 68,858 $ 110,610