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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income (Loss) $ (7,431) $ 8,217 $ 17,178
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 44,482 22,146 16,957
Amortization of debt issuance costs 1,754 844 547
Debt Issuance costs write-off 18,673 1,398  
Joint venture net income in excess of cash received (3,672) (831)  
(Gain) loss on disposals of property, plant and equipment (687)   5
Allowance for doubtful accounts 208 208 177
Compensation expense from issuance of restricted stock and incentive stock options 3,704 2,595 2,239
Deferred income tax expense (benefit) (16,878) (1,333) 3,331
Non-cash restructuring and impairment charges 7,268 875  
Changes in operating assets and liabilities:      
Accounts receivable (806) (3,283) (6,284)
Inventories (1,843) (9,836) (7,232)
Other current assets (944) (1,624) 1,577
Other non-current assets (1,501) (4,828) (802)
Accounts payable (6,748) 9,497 2,577
Other liabilities (2,269) 6,663 1,481
Net cash provided by operating activities 33,310 30,708 31,751
Cash flows from investing activities:      
Acquisition of property, plant and equipment (38,553) (27,602) (15,250)
Proceeds from disposals of property, plant and equipment 2,995 1,374  
Cash paid to acquire businesses, net of cash received (628,281) (257,664)  
Capital contributions to joint venture (1,999)    
Dividend received from joint venture   2,284  
Net cash used by investing activities (665,838) (281,608) (15,250)
Cash flows from financing activities:      
Debt issue costs paid (35,189) (9,380)  
Dividends Paid (6,433) (5,131) (3,129)
Proceeds from long-term debt, net 885,000 344,750  
Repayment of long-term debt, net (401,438) (40,880) (33,715)
Proceeds (repayment) of short-term debt, net (84) 359 676
Proceeds from shares issued 173,052    
Proceeds from issuance of stock and exercise of stock options 2,041 1,671 4,013
Payment for acquisition of non-controlling interest   (2,528)  
Principal payments on capital lease (5,098) (1,888) (136)
Net cash provided by (used by) financing activities 611,851 286,973 (32,291)
Effect of exchange rate changes on cash flows (1,553) (1,795) (161)
Net change in cash and cash equivalents (22,230) 34,278 (15,951)
Cash and cash equivalents at beginning of year 37,317 3,039 18,990
Cash and cash equivalents at end of year 15,087 37,317 3,039
Supplemental schedule of non-cash investing and financing activities:      
Compensation expense for stock awards, ($2,396 in 2015, $1,321 in 2014, and $802 in 2013) stock option expense ($915 in 2015, $1,274 in 2014, and $1,437 in 2013), performance based stock units ($393 in 2015) included in stockholders' equity 3,704 2,595 2,239
Shares issued in acquisition of Autocam   31,717  
Cash paid for interest and income taxes:      
Interest 20,146 8,307 1,777
Income taxes $ 6,377 $ 5,747 $ 3,986