|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$3.9m
|
($1.1m)
|
$15.5m
|
$6.1m
|
($22.5m)
|
($42.6m)
|
($47.9m)
|
$18.8m
|
($18.5m)
|
$78.3m
|
|
Net Income (Loss) Available to Common Stockholders, Basic
|
|
$3.9m
|
($1.1m)
|
$15.3m
|
$6.0m
|
($22.5m)
|
($42.8m)
|
($49.5m)
|
$17.2m
|
($20.1m)
|
$77.2m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
—
|
—
|
—
|
—
|
—
|
—
|
($47.9m)
|
$18.8m
|
($18.5m)
|
$78.3m
|
|
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
|
|
$3.9m
|
($1.1m)
|
$15.5m
|
$6.1m
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Depreciation, Depletion and Amortization
|
|
$22.3m
|
$27.9m
|
$33.7m
|
$44.6m
|
$44.6m
|
$47.3m
|
$59.7m
|
$59.8m
|
$67.7m
|
$91.4m
|
|
Depreciation
|
|
$900k
|
$1.2m
|
$2.1m
|
$4.4m
|
$4.8m
|
$5.5m
|
$7.4m
|
$7.5m
|
$7.4m
|
$8.9m
|
|
Amortization of Debt Issuance Costs
|
|
$844k
|
$845k
|
$1.5m
|
$1.4m
|
$720k
|
$914k
|
$2.4m
|
$2.4m
|
—
|
$0
|
|
Amortization of Debt Issuance Costs and Discounts
|
|
$7.3m
|
$7.7m
|
$8.5m
|
$7.0m
|
$1.9m
|
$2.5m
|
$4.0m
|
$3.9m
|
$642k
|
$1.4m
|
|
Amortization of Intangible Assets
|
|
$21.4m
|
$26.7m
|
$31.7m
|
$40.2m
|
$39.9m
|
$41.8m
|
$49.5m
|
$52.3m
|
$60.3m
|
$82.5m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($9.0m)
|
$3.5m
|
($5.4m)
|
($7.3m)
|
($13.0m)
|
($16.9m)
|
($15.2m)
|
($11.6m)
|
($23.0m)
|
$11.8m
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$6.1m
|
$6.1m
|
$6.8m
|
$9.2m
|
$12.9m
|
$10.5m
|
$14.6m
|
$20.7m
|
$29.3m
|
$37.9m
|
|
Share-based Payment Arrangement, Expense
|
|
$6.1m
|
$6.0m
|
$6.7m
|
$9.1m
|
$12.8m
|
$10.4m
|
$14.3m
|
—
|
—
|
—
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Impairment of Intangible Assets, Finite-lived
|
|
$6.7m
|
$903k
|
$0
|
$75k
|
$446k
|
$2.4m
|
$112k
|
$0
|
$3.6m
|
$800k
|
|
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$4.0m
|
$0
|
|
Gain (Loss) on Disposition of Assets
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($5.3m)
|
($382k)
|
|
Gain (Loss) on Disposition of Intangible Assets
|
|
—
|
—
|
—
|
—
|
—
|
$1.8m
|
$750k
|
$0
|
$0
|
$382k
|
|
Gain (Loss) on Disposition of Other Assets
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$5.3m
|
($382k)
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
($4.6m)
|
($10.4m)
|
($5.7m)
|
($6.6m)
|
($6.1m)
|
($2.6m)
|
($8.9m)
|
($8.9m)
|
$5.3m
|
($13.8m)
|
|
Gain (Loss) on Extinguishment of Debt
|
|
—
|
—
|
—
|
$0
|
$0
|
($1.5m)
|
$0
|
$0
|
($7.5m)
|
$0
|
|
Income Tax Expense (Benefit)
|
|
$4.7m
|
$17.4m
|
$4.6m
|
($2.9m)
|
($3.4m)
|
($13.5m)
|
($14.8m)
|
$1.1m
|
($3.7m)
|
$17.5m
|
|
Other Nonoperating Income (Expense)
|
|
($74k)
|
$55k
|
($550k)
|
($228k)
|
($494k)
|
($4.3m)
|
$670k
|
($159k)
|
($4.0m)
|
$1.9m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$24.0m
|
$12.9m
|
$4.7m
|
$7.3m
|
$23.7m
|
$5.5m
|
$36.9m
|
($3.4m)
|
$21.1m
|
$58.5m
|
|
Increase (Decrease) in Inventories
|
|
$1.9m
|
($5.4m)
|
$379k
|
$7.7m
|
$2.8m
|
($3.2m)
|
$23.6m
|
$5.8m
|
$21.3m
|
$6.0m
|
|
Increase (Decrease) in Accounts Payable
|
|
$1.1m
|
$3k
|
$3.5m
|
$5.0m
|
($2.3m)
|
$10.2m
|
$5.0m
|
$7.6m
|
$479k
|
$15.2m
|
|
Proceeds from Stock Options Exercised
|
|
$1.6m
|
$353k
|
$3.0m
|
$5.7m
|
$618k
|
$2.1m
|
$1.5m
|
$9.0m
|
$6.5m
|
$13.6m
|
|
Equity Securities, FV-NI, Unrealized Gain (Loss)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$6.3m
|
$2.8m
|
|
Gain (Loss) Related to Litigation Settlement
|
|
—
|
—
|
—
|
—
|
—
|
($8.8m)
|
—
|
$0
|
—
|
—
|
|
Goodwill
|
|
$1.8m
|
$1.8m
|
$3.6m
|
$3.6m
|
$3.6m
|
$27.9m
|
$28.2m
|
$28.2m
|
$60.0m
|
$62.5m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$27.5m
|
$39.4m
|
$67.1m
|
$45.6m
|
$15.3m
|
$3.3m
|
($31.2m)
|
$119.0m
|
$64.0m
|
$185.2m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$4.6m
|
$10.4m
|
$5.7m
|
$6.6m
|
$6.1m
|
$2.6m
|
$8.9m
|
$8.9m
|
$16.2m
|
$13.8m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
—
|
—
|
$16.5m
|
$0
|
$0
|
$84.5m
|
$33k
|
$0
|
—
|
—
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($154.1m)
|
($108.0m)
|
($27.4m)
|
($27.5m)
|
($68.3m)
|
($105.5m)
|
($15.7m)
|
($18.5m)
|
($404.7m)
|
($34.3m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Long-term Debt
|
|
—
|
$75.0m
|
$0
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Proceeds from Issuance of Common Stock
|
|
—
|
—
|
—
|
—
|
—
|
$75.0m
|
—
|
$80.6m
|
$0
|
$0
|
|
Payments for Repurchase of Common Stock
|
|
$2.5m
|
$0
|
$0
|
—
|
—
|
$890k
|
$2.0m
|
$5.0m
|
$11.0m
|
$12.2m
|
|
Dividends paid
|
|
—
|
—
|
—
|
—
|
—
|
$190k
|
$1.6m
|
$1.6m
|
$1.6m
|
$1.2m
|
|
Other Interest and Dividend Income
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$6.3m
|
$4.9m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($729k)
|
$72.4m
|
($27.8m)
|
$1.2m
|
($1.4m)
|
$194.6m
|
($5.1m)
|
$67.4m
|
$264.9m
|
($9.9m)
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($470k)
|
($233k)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$167.9m
|
($76.2m)
|
$140.7m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
$36.1m
|
$48.0m
|
$67.4m
|
$12.9m
|
$105.3m
|
$53.2m
|
$221.1m
|
$144.9m
|
$285.6m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$4.1m
|
$3.8m
|
$6.3m
|
$6.1m
|
$6.9m
|
$9.7m
|
$21.5m
|
$31.4m
|
$24.4m
|
$26.9m
|
|
Income Taxes Paid, Net
|
|
$9.5m
|
$17.8m
|
$6.4m
|
$10.0m
|
$5.0m
|
$10.4m
|
$288k
|
$1.2m
|
$19.1m
|
$17.7m
|