|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
($43.6m)
|
$5.0m
|
$16.3m
|
$61.3m
|
($166.8m)
|
($31.5m)
|
($26.5m)
|
($52.4m)
|
($184.3m)
|
($34.0m)
|
|
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
|
|
—
|
—
|
—
|
($11.1m)
|
($166.8m)
|
($31.5m)
|
—
|
—
|
—
|
—
|
|
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
|
|
—
|
—
|
—
|
$72.5m
|
$0
|
$0
|
—
|
—
|
—
|
—
|
|
Depreciation and amortization
|
|
$28.1m
|
$24.8m
|
$23.2m
|
$25.9m
|
$23.8m
|
$25.9m
|
$29.3m
|
$30.9m
|
$27.7m
|
$25.8m
|
|
Depreciation
|
|
$8.2m
|
$6.0m
|
$4.6m
|
$3.1m
|
$3.3m
|
$5.7m
|
$7.6m
|
$11.9m
|
$14.7m
|
$13.5m
|
|
Amortization of Intangible Assets
|
|
$18.0m
|
$17.3m
|
$16.6m
|
$17.1m
|
$18.1m
|
$18.1m
|
$19.5m
|
$18.8m
|
$13.0m
|
$10.3m
|
|
Deferred Income Tax Expense (Benefit)
|
|
$40.0m
|
$4.4m
|
($8.9m)
|
($4.0m)
|
($1.6m)
|
($4.8m)
|
($3.7m)
|
($2.3m)
|
($8.0m)
|
($988k)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$3.2m
|
$6.2m
|
$7.9m
|
$9.2m
|
$7.6m
|
$8.6m
|
$10.7m
|
$11.2m
|
$10.5m
|
$9.8m
|
|
Share-based Payment Arrangement, Expense
|
|
$100k
|
$6.2m
|
$7.9m
|
$9.2m
|
$7.6m
|
$8.6m
|
$10.7m
|
$11.2m
|
$10.5m
|
$9.8m
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
—
|
$0
|
$158.6m
|
$0
|
$0
|
$14.5m
|
$159.5m
|
$0
|
|
Impairment of Intangible Assets, Finite-lived
|
|
$384k
|
$0
|
—
|
—
|
—
|
—
|
$0
|
—
|
—
|
$0
|
|
Gain (Loss) on Disposition of Assets
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$54.5m
|
$0
|
|
Gain (Loss) on Disposition of Business
|
|
—
|
—
|
—
|
$46.6m
|
$0
|
$0
|
—
|
—
|
$54.5m
|
$0
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
—
|
($3.0m)
|
($2.4m)
|
($3.1m)
|
($7.2m)
|
($5.2m)
|
($4.3m)
|
($3.8m)
|
($2.5m)
|
$0
|
|
Income Tax Expense (Benefit)
|
|
$40.3m
|
$4.8m
|
($8.9m)
|
($3.6m)
|
($1.3m)
|
($4.5m)
|
($3.4m)
|
($2.0m)
|
($7.3m)
|
($39k)
|
|
Operating Lease, Expense
|
|
—
|
—
|
—
|
—
|
$3.4m
|
$3.2m
|
$2.8m
|
$2.7m
|
$2.5m
|
$2.6m
|
|
Other Nonoperating Income (Expense)
|
|
($4.3m)
|
($3.1m)
|
($3.1m)
|
($5.3m)
|
($1.0m)
|
$92k
|
($790k)
|
($554k)
|
($817k)
|
$4.9m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
($3.1m)
|
($8.5m)
|
($5.0m)
|
$3.2m
|
($11.9m)
|
$4.2m
|
$17.2m
|
$1.3m
|
($7.9m)
|
($23k)
|
|
Increase (Decrease) in Inventories
|
|
($12.0m)
|
($687k)
|
($5.7m)
|
$1.4m
|
$18.8m
|
($11.5m)
|
$2.8m
|
$8.2m
|
$9.4m
|
$1.3m
|
|
Proceeds from Stock Options Exercised
|
|
$1.3m
|
$9.9m
|
$2.0m
|
$1.5m
|
$600k
|
$1.9m
|
$2.7m
|
$300k
|
$752k
|
$200k
|
|
Foreign Currency Transaction Gain (Loss), Unrealized
|
|
—
|
($2.7m)
|
$0
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
|
General and Administrative Expense
|
|
$29.6m
|
$31.4m
|
$31.3m
|
$34.9m
|
$37.9m
|
$35.9m
|
$38.5m
|
$40.0m
|
$41.2m
|
$42.1m
|
|
Goodwill
|
|
$361.3m
|
$361.3m
|
$361.3m
|
$347.7m
|
$200.5m
|
$201.3m
|
$201.1m
|
$159.2m
|
$0
|
—
|
|
Inventory Write-down
|
|
$5.8m
|
$2.4m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Investment Income, Interest
|
|
$11k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Operating Expenses
|
|
$173.3m
|
$163.2m
|
$166.3m
|
$165.4m
|
$317.4m
|
$192.1m
|
$194.2m
|
$225.4m
|
$401.6m
|
$197.7m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$45.2m
|
$55.7m
|
$41.3m
|
$37.4m
|
($14.6m)
|
$24.1m
|
($7.2m)
|
$78k
|
($28.2m)
|
($10.1m)
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$2.3m
|
$3.0m
|
$2.4m
|
$3.1m
|
$7.2m
|
$5.2m
|
$4.3m
|
$3.8m
|
$2.5m
|
$4.5m
|
|
Payments for (Proceeds from) Other Investing Activities
|
|
$2.0m
|
$0
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($7.6m)
|
($2.6m)
|
($3.7m)
|
$82.6m
|
($63.3m)
|
($13.7m)
|
($19.3m)
|
($9.7m)
|
$123.7m
|
($10.2m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Long-term Debt
|
|
$0
|
$116.5m
|
$0
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Repayments of Long-term Debt
|
|
$16.2m
|
$140.4m
|
$5.0m
|
$15.0m
|
$132.5m
|
$20.0m
|
$0
|
$45.0m
|
$50.0m
|
$0
|
|
Payments for Repurchase of Common Stock
|
|
—
|
$13.6m
|
$0
|
$0
|
—
|
—
|
—
|
$0
|
$0
|
$1.7m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($23.7m)
|
($38.0m)
|
($11.6m)
|
$33.9m
|
($95.2m)
|
($17.0m)
|
$7.7m
|
$25.4m
|
($64.2m)
|
($255k)
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
$0
|
$472k
|
($380k)
|
($65k)
|
$330k
|
($518k)
|
$43k
|
$125k
|
$398k
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
$0
|
$472k
|
($380k)
|
($173.2m)
|
($6.3m)
|
($19.3m)
|
$15.8m
|
$31.4m
|
($20.2m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
—
|
$54.4m
|
$48.2m
|
$28.8m
|
$44.6m
|
$76.1m
|
$55.9m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Taxes Paid, Net
|
|
—
|
—
|
$36k
|
$426k
|
$682k
|
$313k
|
$329k
|
$342k
|
$455k
|
$800k
|