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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 7,888 $ 72,572
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 86,489 87,876
Share-based compensation expense 6,659 11,797
(Gain) loss on divestitures and other, net 3,423 (4,984)
Write-off of financing costs 1,080 0
Deferred income taxes 7,533 17,577
Other, net (1,269) (9,626)
Changes in operating assets and liabilities, net of acquisitions:    
Receivables, net 68,351 79,875
Inventories 3,555 (307)
Prepaid expenses and other assets 8,837 10,454
Accounts payable and accrued expenses (73,253) (115,915)
Income taxes receivable/payable (1,613) (5,147)
Litigation settlement 0 (18,853)
Contributions to company sponsored pension plans (38,500) 0
Net cash provided by operating activities 79,180 125,319
Cash flows from investing activities:    
Payments for property, plant and equipment (34,551) (45,752)
Payments for acquisitions, net of cash acquired (21,596) (157,321)
Proceeds from sale of fixed assets 2,481 10,711
Other investments (9,000) 0
Net cash used in investing activities (62,666) (192,362)
Cash flows from financing activities:    
Repayments of debt (832) (895)
Payments of financing costs (1,764) 0
Proceeds from senior secured revolver 120,900 118,100
Payments for senior secured revolver (128,700) (104,800)
Proceeds from receivables securitization facility 1,120,000 130,000
Payments for receivables securitization facility (1,095,000) (70,000)
Repurchase of common stock 0 (25,000)
Cash dividends paid (16,357) (16,514)
Issuance of common stock, net of share repurchases for withholding taxes (1,232) (646)
Tax savings on share-based compensation 0 699
Net cash provided by (used in) financing activities (2,985) 30,944
Effect of exchange rate changes on cash and cash equivalents 0 (825)
Change in cash and cash equivalents 13,529 (36,924)
Cash and cash equivalents, beginning of period 17,980 60,734
Cash and cash equivalents, end of period $ 31,509 $ 23,810