|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
($64.8m)
|
($11.9m)
|
$20.7m
|
($8.7m)
|
$12.8m
|
$24.8m
|
$52.7m
|
$73.8m
|
$41.0m
|
$61.5m
|
|
Net Income (Loss) Available to Common Stockholders, Basic
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$41.0m
|
$61.5m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$49.2m
|
$74.1m
|
|
Depreciation, Depletion and Amortization
|
|
$21.8m
|
$20.7m
|
$18.2m
|
$16.5m
|
$16.4m
|
$16.9m
|
$14.9m
|
$13.3m
|
$16.5m
|
$26.6m
|
|
Amortization of Debt Issuance Costs
|
|
$1.8m
|
$2.3m
|
$531k
|
$466k
|
$654k
|
$1.3m
|
$34k
|
$33k
|
$151k
|
$1.5m
|
|
Amortization of Intangible Assets
|
|
$7.0m
|
$6.7m
|
$6.4m
|
$6.4m
|
$7.1m
|
$7.1m
|
$6.0m
|
$4.7m
|
$6.5m
|
$14.8m
|
|
Depreciation
|
|
$14.8m
|
$14.0m
|
$11.8m
|
$10.0m
|
$9.3m
|
$9.7m
|
$8.9m
|
$8.6m
|
$9.9m
|
$11.8m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($6.4m)
|
($315k)
|
$2.5m
|
($2.2m)
|
($1.7m)
|
$441k
|
($4.6m)
|
($3.9m)
|
($6.3m)
|
$1.4m
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$2.8m
|
$3.0m
|
$2.8m
|
$2.9m
|
$2.3m
|
$2.3m
|
$2.4m
|
$3.5m
|
$3.7m
|
$6.8m
|
|
Equity Method Investment, Other than Temporary Impairment
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$13.1m
|
|
Goodwill and Intangible Asset Impairment
|
|
$106.0m
|
$0
|
—
|
$8.9m
|
$0
|
—
|
—
|
—
|
—
|
—
|
|
Goodwill, Impairment Loss
|
|
$101.7m
|
—
|
—
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Impairment of Intangible Assets (Excluding Goodwill)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$400k
|
$0
|
|
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)
|
|
—
|
—
|
—
|
$0
|
$0
|
—
|
—
|
—
|
—
|
$0
|
|
Gain (Loss) on Disposition of Business
|
|
—
|
$500k
|
—
|
—
|
—
|
—
|
—
|
$980k
|
$0
|
$0
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
$2.6m
|
($109k)
|
($141k)
|
$4.2m
|
$1.7m
|
$6.4m
|
$1.6m
|
$2.1m
|
$0
|
$5.7m
|
|
Income Tax Expense (Benefit)
|
|
($17.7m)
|
$21.5m
|
$2.9m
|
$1.4m
|
($659k)
|
$2.5m
|
$6.4m
|
$9.5m
|
$12.6m
|
$20.9m
|
|
Interest Expense Nonoperating
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$4.1m
|
$14.8m
|
|
Other Nonoperating Income (Expense)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($3.2m)
|
$10.9m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
($10.8m)
|
$2.9m
|
$13.0m
|
($19.3m)
|
($5.4m)
|
$13.0m
|
$20.7m
|
($22.5m)
|
$6.8m
|
$8.6m
|
|
Increase (Decrease) in Inventories
|
|
$2.8m
|
$6.2m
|
$24.7m
|
($17.1m)
|
($9.7m)
|
$34.0m
|
$36.6m
|
($33.6m)
|
($15.1m)
|
$2.4m
|
|
Increase (Decrease) in Accounts Payable
|
|
($588k)
|
($1.4m)
|
$9.0m
|
($15.1m)
|
($6.0m)
|
$24.0m
|
$1.5m
|
($22.7m)
|
$139k
|
$2.4m
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
—
|
($2.8m)
|
$2.7m
|
$110k
|
($2.2m)
|
($44k)
|
$278k
|
($1.4m)
|
$1.9m
|
$10.8m
|
|
Foreign Currency Transaction Gain (Loss), Unrealized
|
|
—
|
—
|
—
|
—
|
—
|
—
|
($278k)
|
$1.4m
|
($1.5m)
|
$12.7m
|
|
Gain (Loss) on Sale of Properties
|
|
—
|
—
|
—
|
$4.3m
|
$1.9m
|
$6.6m
|
$1.6m
|
$3.8m
|
$0
|
$5.7m
|
|
Goodwill
|
|
$18.0m
|
$20.2m
|
$19.8m
|
$22.0m
|
$24.0m
|
$26.7m
|
$25.1m
|
$26.6m
|
$208.0m
|
$214.8m
|
|
Nonoperating Income (Expense)
|
|
—
|
—
|
—
|
($2.3m)
|
($1.8m)
|
($388k)
|
($2.7m)
|
($2.8m)
|
—
|
—
|
|
Payments of Financing Costs
|
|
—
|
—
|
—
|
—
|
$600k
|
$675k
|
$0
|
—
|
—
|
—
|
|
Restructuring Costs
|
|
$2.1m
|
$308k
|
$222k
|
$2.6m
|
$601k
|
$1.2m
|
$7.3m
|
$10.1m
|
$3.5m
|
($677k)
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$38.6m
|
$24.1m
|
$10.1m
|
$24.4m
|
$46.1m
|
$4.6m
|
$40.3m
|
$108.3m
|
$74.1m
|
$80.6m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$8.2m
|
$6.4m
|
$11.6m
|
$9.9m
|
$5.5m
|
$9.4m
|
$8.8m
|
$12.1m
|
$14.1m
|
$12.0m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
$0
|
—
|
$2.2m
|
$29.0m
|
$0
|
$16.8m
|
$0
|
—
|
$320.5m
|
$0
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($2.4m)
|
($6.3m)
|
($13.7m)
|
($33.1m)
|
($1.5m)
|
($18.9m)
|
($7.0m)
|
($53.5m)
|
($297.9m)
|
($3.2m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Long-term Debt
|
|
$0
|
$125.0m
|
$0
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$8.0m
|
|
Repayments of Long-term Debt
|
|
$43.4m
|
$143.8m
|
$9.0m
|
—
|
$8.2m
|
$104.8m
|
$0
|
—
|
—
|
—
|
|
Payments for Repurchase of Common Stock
|
|
—
|
—
|
—
|
$448k
|
$0
|
—
|
$349k
|
$105k
|
$16.1m
|
$0
|
|
Dividends paid
|
|
$3.2m
|
$3.3m
|
$3.3m
|
$3.4m
|
$3.4m
|
$3.4m
|
$3.4m
|
$3.5m
|
$3.5m
|
$3.5m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
—
|
($24.3m)
|
($12.3m)
|
$25.2m
|
($32.1m)
|
($8.4m)
|
($21.3m)
|
($38.6m)
|
$206.3m
|
($94.1m)
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
($370k)
|
$2.5m
|
$461k
|
$1.8m
|
$199k
|
($537k)
|
($3.5m)
|
$2.9m
|
($3.5m)
|
$6.3m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
($11.6m)
|
($4.1m)
|
($15.4m)
|
$18.4m
|
$12.7m
|
($23.2m)
|
$8.5m
|
$19.1m
|
($21.1m)
|
($10.5m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
$72.3m
|
$84.9m
|
$61.8m
|
—
|
—
|
—
|
—
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
—
|
$4.4m
|
$4.8m
|
$4.8m
|
$4.1m
|
$2.1m
|
$3.4m
|
$4.7m
|
$5.8m
|
$14.8m
|
|
Income Taxes Paid, Net
|
|
$2.5m
|
$756k
|
$7.5m
|
$4.7m
|
$2.6m
|
$2.9m
|
$14.6m
|
$25.1m
|
$23.0m
|
$23.7m
|