|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
($38.2m)
|
($3.0m)
|
($7.1m)
|
$17.7m
|
$8.2m
|
$1.4m
|
$17.4m
|
$12.9m
|
$13.0m
|
$50.1m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
($38.3m)
|
($3.0m)
|
($7.1m)
|
$17.7m
|
$8.2m
|
$2.0m
|
$18.3m
|
$14.5m
|
$14.4m
|
$53.1m
|
|
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
|
|
—
|
—
|
—
|
—
|
$8.2m
|
—
|
—
|
—
|
—
|
—
|
|
Net Income (Loss) Attributable to Noncontrolling Interest
|
|
($36k)
|
—
|
—
|
—
|
($39k)
|
($557k)
|
$846k
|
$1.6m
|
$1.5m
|
$3.1m
|
|
Depreciation, Depletion and Amortization
|
|
$18.9m
|
$16.1m
|
$13.3m
|
$10.6m
|
$9.9m
|
$9.9m
|
$10.6m
|
$12.5m
|
$14.5m
|
$24.9m
|
|
Amortization of Debt Issuance Costs
|
|
$1.1m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Amortization of Intangible Assets
|
|
$13.9m
|
$11.5m
|
$9.6m
|
$8.5m
|
—
|
$6.7m
|
$7.0m
|
$7.4m
|
$8.7m
|
$16.1m
|
|
Depreciation
|
|
$5.0m
|
$4.5m
|
$3.5m
|
$2.1m
|
$2.5m
|
$3.2m
|
$3.6m
|
$5.1m
|
$5.8m
|
$8.7m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($3.8m)
|
($3.1m)
|
($42k)
|
($940k)
|
$1.0m
|
$87k
|
($39k)
|
($118k)
|
($3.6m)
|
$6.3m
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$2.3m
|
$1.8m
|
$3.2m
|
$2.7m
|
$1.8m
|
$3.3m
|
$3.9m
|
$4.5m
|
$7.5m
|
$13.1m
|
|
Share-based Payment Arrangement, Expense
|
|
$2.2m
|
$1.7m
|
$3.1m
|
$2.7m
|
$1.8m
|
$3.3m
|
$3.9m
|
$4.3m
|
$7.2m
|
$12.2m
|
|
Goodwill and Intangible Asset Impairment
|
|
$57.9m
|
$7.2m
|
—
|
—
|
$850k
|
$0
|
$0
|
—
|
—
|
—
|
|
Goodwill, Impairment Loss
|
|
$53.8m
|
$4.4m
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)
|
|
$4.2m
|
$2.7m
|
—
|
$0
|
$850k
|
$0
|
—
|
—
|
—
|
—
|
|
Gain (Loss) on Disposition of Business
|
|
—
|
—
|
($4.4m)
|
($70k)
|
—
|
—
|
—
|
—
|
—
|
($2.1m)
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
($217k)
|
($130k)
|
$217k
|
($78k)
|
($63k)
|
$83k
|
($10k)
|
($110k)
|
($191k)
|
($60k)
|
|
Income Tax Expense (Benefit)
|
|
$5.3m
|
$4.4m
|
$9.6m
|
($4.4m)
|
$3.7m
|
$2.7m
|
$5.4m
|
$7.0m
|
$3.3m
|
$29.7m
|
|
Other Nonoperating Income (Expense)
|
|
$310k
|
$106k
|
($365k)
|
$751k
|
$2.0m
|
$2.2m
|
$6.9m
|
$372k
|
($4.7m)
|
($2.1m)
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
($13.3m)
|
($14.1m)
|
$6.1m
|
$15.6m
|
($8.4m)
|
$13.2m
|
$6.8m
|
$26.9m
|
$52.4m
|
$6.8m
|
|
Increase (Decrease) in Inventories
|
|
($9.4m)
|
($887k)
|
$1.7m
|
$207k
|
($4.4m)
|
$203k
|
$6.0m
|
$6.9m
|
$9.8m
|
$3.2m
|
|
Fair Value, Option, Changes in Fair Value, Gain (Loss)
|
|
$500k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Foreign Currency Transaction Gain (Loss), Realized
|
|
$700k
|
$100k
|
$700k
|
$400k
|
$1.3m
|
($3.1m)
|
$6.3m
|
$1.2m
|
($4.3m)
|
($2.2m)
|
|
Foreign Currency Transaction Gain (Loss), Unrealized
|
|
($777k)
|
$2.1m
|
($836k)
|
$526k
|
($346k)
|
($2.0m)
|
$1.3m
|
$1.0m
|
($2.7m)
|
$2.1m
|
|
Goodwill
|
|
$170.2m
|
$167.0m
|
$152.2m
|
$152.0m
|
$161.8m
|
$161.2m
|
$183.2m
|
$211.3m
|
$269.7m
|
$288.2m
|
|
Inventory Write-down
|
|
$1.2m
|
$200k
|
$500k
|
$300k
|
$500k
|
$100k
|
$100k
|
$1.1m
|
$1.1m
|
($400k)
|
|
Payments of Financing Costs
|
|
—
|
$692k
|
—
|
$1.1m
|
—
|
$801k
|
$130k
|
$363k
|
$1.9m
|
$0
|
|
Pension Cost (Reversal of Cost)
|
|
$6k
|
$9k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Restructuring Costs
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$700k
|
|
Derivative, Gain (Loss) on Derivative, Net
|
|
($95k)
|
$327k
|
$276k
|
$248k
|
—
|
$0
|
—
|
—
|
—
|
—
|
|
Other Operating Income (Expense), Net
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($619k)
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$69.6m
|
$6.6m
|
$22.0m
|
$10.2m
|
$4.4m
|
$13.3m
|
$29.6m
|
$44.6m
|
$24.8m
|
$5.9m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$1.1m
|
$1.0m
|
$3.1m
|
$5.7m
|
$3.9m
|
$2.6m
|
$3.4m
|
$8.4m
|
$17.4m
|
$11.3m
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($419k)
|
($660k)
|
$38.3m
|
($5.1m)
|
($9.2m)
|
($2.1m)
|
($48.3m)
|
($56.5m)
|
($105.3m)
|
($1.1m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Long-term Debt
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$11.0m
|
$75.0m
|
$0
|
$0
|
|
Repayments of Long-term Debt
|
|
$41.8m
|
$11.2m
|
$41.4m
|
$3.0m
|
$5.0m
|
$2.7m
|
$3.1m
|
$5.0m
|
$114.0m
|
$2.2m
|
|
Payments for Repurchase of Common Stock
|
|
$188k
|
—
|
—
|
—
|
—
|
$5.0m
|
$7.0m
|
$0
|
$5.0m
|
$0
|
|
Payments of Ordinary Dividends, Common Stock
|
|
$9.0m
|
$7.8m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($55.8m)
|
($22.7m)
|
($44.9m)
|
($12.1m)
|
$3.7m
|
($15.6m)
|
$38.2m
|
$21.1m
|
$65.9m
|
($11.6m)
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
($1.7m)
|
$881k
|
($1.5m)
|
($445k)
|
$1.9m
|
($1.5m)
|
($5.0m)
|
($442k)
|
($2.7m)
|
$1.8m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
($1.7m)
|
$881k
|
$13.8m
|
($7.5m)
|
$853k
|
($5.8m)
|
$14.6m
|
$8.9m
|
($17.2m)
|
($5.0m)
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
—
|
—
|
$5.6m
|
$3.5m
|
$3.2m
|
$2.1m
|
$5.0m
|
$12.1m
|
$13.3m
|
$20.4m
|
|
Income Taxes Paid, Net
|
|
$6.4m
|
$3.0m
|
$10.2m
|
$5.9m
|
$2.2m
|
($2.6m)
|
$5.4m
|
$9.9m
|
$9.6m
|
$24.7m
|