|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$13.1m
|
$17.0m
|
$574k
|
$28k
|
($2.4m)
|
$396k
|
($23.2m)
|
($11.9m)
|
($8.8m)
|
($10.6m)
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
—
|
—
|
$574k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($18.4m)
|
($8.8m)
|
($10.6m)
|
|
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$6.6m
|
$0
|
$0
|
|
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$6.6m
|
$0
|
$0
|
|
Amortization
|
|
—
|
—
|
$1.2m
|
$2.2m
|
$2.6m
|
$3.8m
|
$4.4m
|
$2.0m
|
$1.1m
|
$833k
|
|
Amortization of Intangible Assets
|
|
$1.2m
|
$1.2m
|
$901k
|
$1.9m
|
$2.3m
|
$2.7m
|
$2.7m
|
$594k
|
$599k
|
$598k
|
|
Depreciation
|
|
$1.4m
|
$2.0m
|
$2.9m
|
$3.1m
|
$3.2m
|
$3.2m
|
$3.2m
|
$2.9m
|
$3.0m
|
$3.4m
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$6.2m
|
$8.7m
|
$10.4m
|
$10.7m
|
$13.6m
|
$13.1m
|
$14.5m
|
$16.2m
|
$15.6m
|
$19.8m
|
|
Share-based Payment Arrangement, Expense
|
|
$6.2m
|
$8.7m
|
$10.4m
|
$10.7m
|
$13.6m
|
$13.1m
|
$14.5m
|
$16.2m
|
$15.6m
|
$19.8m
|
|
Goodwill, Impairment Loss
|
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Impairment of Intangible Assets, Finite-lived
|
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$3.6m
|
$0
|
$0
|
—
|
|
Gain (Loss) on Disposition of Business
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$10.9m
|
$10.9m
|
$0
|
|
Income Tax Expense (Benefit)
|
|
$3.3m
|
$1.9m
|
$729k
|
$1.3m
|
$4.9m
|
$5.3m
|
$18.1m
|
$10.2m
|
$6.0m
|
$5.9m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Noncash investing and financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$11.0m
|
$1.4m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$11.8m
|
|
Accounts Receivable, Credit Loss Expense (Reversal)
|
|
—
|
—
|
—
|
$327k
|
$1.4m
|
$152k
|
$25k
|
$0
|
$2.3m
|
$0
|
|
Purchases of property and equipment, accrued but unpaid
|
|
$2.4m
|
$4.1m
|
$3.3m
|
$3.5m
|
$2.9m
|
$2.2m
|
$3.5m
|
$2.9m
|
$3.0m
|
$2.9m
|
|
Debt Securities, Available-for-sale, Realized Gain (Loss)
|
|
—
|
—
|
—
|
—
|
—
|
$13k
|
($55k)
|
$90k
|
$14k
|
$56k
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
($188k)
|
($28k)
|
($241k)
|
($347k)
|
$443k
|
($1.3m)
|
$74k
|
$688k
|
($1.0m)
|
$607k
|
|
Foreign Currency Transaction Gain (Loss), Unrealized
|
|
($75k)
|
$42k
|
($155k)
|
($249k)
|
$591k
|
($1.2m)
|
$351k
|
$560k
|
($1.1m)
|
$1.0m
|
|
General and Administrative Expense
|
|
$8.6m
|
$10.5m
|
$10.4m
|
$11.8m
|
$14.1m
|
$14.3m
|
$15.3m
|
$14.9m
|
$16.9m
|
$18.1m
|
|
Goodwill
|
|
$46.6m
|
$46.6m
|
$46.6m
|
$51.1m
|
$51.1m
|
$74.8m
|
$74.8m
|
$58.3m
|
$58.3m
|
$58.3m
|
|
Investment Income, Interest
|
|
$3.3m
|
$4.2m
|
$4.5m
|
$4.2m
|
$3.3m
|
$1.9m
|
$3.2m
|
$4.4m
|
$5.0m
|
$5.5m
|
|
Operating Expenses
|
|
$52.2m
|
$64.7m
|
$71.2m
|
$79.0m
|
$90.3m
|
$102.4m
|
$113.0m
|
$99.2m
|
$101.7m
|
$106.8m
|
|
Revenue from Contract with Customer, Including Assessed Tax
|
|
—
|
—
|
$77.9m
|
$87.2m
|
$100.3m
|
$122.7m
|
$134.6m
|
$97.4m
|
$106.9m
|
$109.6m
|
|
Derivative, Gain (Loss) on Derivative, Net
|
|
—
|
—
|
($354k)
|
$307k
|
$688k
|
$165k
|
$1.3m
|
($1.1m)
|
$914k
|
$1.2m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$14.5m
|
$24.5m
|
$8.6m
|
$9.7m
|
$15.2m
|
$25.8m
|
$6.9m
|
($6.3m)
|
$3.5m
|
($3.4m)
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$2.4m
|
$4.1m
|
$3.3m
|
$3.5m
|
$2.9m
|
$2.2m
|
$3.5m
|
$2.9m
|
$3.0m
|
$2.9m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
—
|
—
|
—
|
—
|
—
|
$29.9m
|
$0
|
$3.6m
|
$0
|
$0
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($21.0m)
|
($28.8m)
|
$9.8m
|
($2.4m)
|
($15.2m)
|
($16.7m)
|
($15.1m)
|
$10.8m
|
($2.4m)
|
($34.0m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale
|
|
$8.0m
|
$9.3m
|
$10.1m
|
$3.9m
|
$22.0m
|
$26.0m
|
$18.2m
|
$10.3m
|
$29.8m
|
$61.3m
|
|
Payments for Repurchase of Common Stock
|
|
$3.4m
|
—
|
$20.0m
|
$9.1m
|
$4.8m
|
$0
|
$6.8m
|
$6.2m
|
$8.5m
|
$7.2m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
$6.2m
|
$7.5m
|
($17.8m)
|
($6.7m)
|
($2.1m)
|
$3.2m
|
($3.3m)
|
($2.8m)
|
($5.6m)
|
$59.3m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
—
|
—
|
—
|
($1.7m)
|
$12.0m
|
($11.9m)
|
$2.0m
|
($4.8m)
|
$22.1m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Taxes Paid, Net
|
|
$3.3m
|
$5.2m
|
$4.3m
|
$5.1m
|
$4.7m
|
$9.2m
|
$10.2m
|
$7.4m
|
$6.3m
|
$4.2m
|