|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$32.3m
|
$34.6m
|
$27.8m
|
$47.2m
|
$49.3m
|
$60.9m
|
$66.5m
|
$92.6m
|
$124.9m
|
$141.6m
|
|
Amortization
|
|
$11.7m
|
$12.3m
|
$13.0m
|
$12.6m
|
$13.0m
|
$16.6m
|
$15.2m
|
$17.2m
|
$21.1m
|
$23.5m
|
|
Amortization of Intangible Assets
|
|
$6.1m
|
$6.8m
|
$7.5m
|
$7.2m
|
$7.2m
|
$10.0m
|
$8.6m
|
$8.6m
|
$9.1m
|
$14.7m
|
|
Depreciation
|
|
$10.7m
|
$12.1m
|
$11.4m
|
$11.6m
|
$12.3m
|
$11.3m
|
$11.1m
|
$10.9m
|
$11.1m
|
$11.1m
|
|
Deferred Income Tax Expense (Benefit)
|
|
$710k
|
($4.1m)
|
($5.3m)
|
($1.5m)
|
($3.1m)
|
($3.1m)
|
($5.6m)
|
($9.7m)
|
($11.1m)
|
($854k)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$1.5m
|
$1.7m
|
$4.2m
|
$1.2m
|
$1.4m
|
$2.3m
|
$3.1m
|
$5.2m
|
$6.2m
|
$9.2m
|
|
Share-based Payment Arrangement, Expense
|
|
$1.6m
|
$1.8m
|
$4.2m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Income Tax Expense (Benefit)
|
|
$17.5m
|
$20.3m
|
$8.1m
|
$14.4m
|
$15.6m
|
$17.7m
|
$21.2m
|
$29.4m
|
$41.6m
|
$47.0m
|
|
Operating Lease, Expense
|
|
—
|
—
|
—
|
$3.1m
|
$2.9m
|
$3.0m
|
$3.4m
|
$3.4m
|
$3.6m
|
$4.5m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$3.6m
|
$967k
|
$8.0m
|
($5.5m)
|
($3.0m)
|
$1.2m
|
$11.3m
|
$6.4m
|
$1.4m
|
$20.1m
|
|
Increase (Decrease) in Inventories
|
|
($955k)
|
$6.2m
|
($4.9m)
|
$1.2m
|
($5.1m)
|
$13.6m
|
$21.0m
|
$32.5m
|
($10.3m)
|
$987k
|
|
Increase (Decrease) in Accounts Payable
|
|
—
|
—
|
—
|
$11.6m
|
($391k)
|
$7.0m
|
$28.0m
|
$8.5m
|
($12.2m)
|
$14.4m
|
|
Goodwill
|
|
$49.3m
|
$67.4m
|
$71.3m
|
$71.3m
|
$88.7m
|
$104.3m
|
$101.3m
|
$113.2m
|
$111.8m
|
$235.6m
|
|
Proceeds from Stock Options Exercised
|
|
$568k
|
$1.2m
|
$1.4m
|
$2.0m
|
$1.1m
|
$2.0m
|
$703k
|
$967k
|
$751k
|
$554k
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$56.2m
|
$49.8m
|
$60.4m
|
$80.7m
|
$89.6m
|
$87.5m
|
$82.5m
|
$110.1m
|
$155.0m
|
$183.7m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$10.6m
|
$15.1m
|
$8.6m
|
$7.5m
|
$9.1m
|
$6.7m
|
$5.9m
|
$12.0m
|
$12.8m
|
$14.0m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
$1.8m
|
$20.4m
|
$8.0m
|
—
|
$29.1m
|
$45.3m
|
—
|
$17.1m
|
$3.0m
|
$184.0m
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($12.4m)
|
($35.4m)
|
($16.7m)
|
($7.5m)
|
($38.2m)
|
($51.4m)
|
($5.9m)
|
($29.1m)
|
($15.8m)
|
($198.1m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments for Repurchase of Common Stock
|
|
$0
|
$4.4m
|
$4.8m
|
$5.2m
|
$3.1m
|
$460k
|
$427k
|
$0
|
$0
|
$15.0m
|
|
Payments of Ordinary Dividends, Common Stock
|
|
$12.5m
|
$14.2m
|
$16.3m
|
$18.6m
|
$20.3m
|
$22.2m
|
$24.9m
|
$29.1m
|
$35.8m
|
$43.5m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($44.5m)
|
($10.4m)
|
($42.1m)
|
($37.7m)
|
($27.8m)
|
($20.5m)
|
($24.6m)
|
($28.1m)
|
($35.1m)
|
($58.0m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
$3.8m
|
$1.9m
|
$35.8m
|
$23.4m
|
$14.9m
|
$50.9m
|
$53.7m
|
$103.5m
|
($69.3m)
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
—
|
—
|
$1.2m
|
$268k
|
$91k
|
$118k
|
—
|
—
|
$0
|
$0
|
|
Income Taxes Paid, Net
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$48.8m
|