|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$74.6m
|
$26.2m
|
$24.4m
|
$12.9m
|
$7.2m
|
$19.0m
|
($57.1m)
|
($107.7m)
|
($42.8m)
|
($137.5m)
|
|
Net Income (Loss) Available to Common Stockholders, Basic
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($137.6m)
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
$76.5m
|
$27.6m
|
$24.6m
|
$12.9m
|
$7.6m
|
$17.9m
|
($56.4m)
|
($108.2m)
|
($43.0m)
|
($137.8m)
|
|
Net Income (Loss) Attributable to Noncontrolling Interest
|
|
—
|
—
|
—
|
—
|
$7.3m
|
$0
|
$0
|
$0
|
—
|
—
|
|
Depreciation, Depletion and Amortization
|
|
$28.3m
|
$29.9m
|
$28.6m
|
$28.6m
|
$29.5m
|
$35.4m
|
$36.3m
|
$30.0m
|
$17.1m
|
$14.2m
|
|
Amortization
|
|
—
|
—
|
—
|
$1.2m
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Amortization of Intangible Assets
|
|
$2.3m
|
$2.3m
|
$2.2m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Depreciation
|
|
$25.9m
|
$27.6m
|
$26.4m
|
$28.6m
|
$28.8m
|
$32.4m
|
$33.8m
|
$27.4m
|
$14.8m
|
$14.5m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($963k)
|
($6.4m)
|
($3.1m)
|
($1.5m)
|
($897k)
|
($4.5m)
|
($6.1m)
|
$11.9m
|
($417k)
|
($1.4m)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$3.1m
|
$5.3m
|
$1.7m
|
$3.6m
|
$2.9m
|
$1.8m
|
$1.5m
|
$1.0m
|
$2.0m
|
$1.2m
|
|
Share-based Payment Arrangement, Expense
|
|
$3.5m
|
$5.3m
|
$1.7m
|
$3.6m
|
$2.9m
|
$1.8m
|
$1.5m
|
$1.0m
|
$2.0m
|
$1.2m
|
|
Gain (Loss) on Sale of Assets and Asset Impairment Charges
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$27.5m
|
$3.8m
|
—
|
|
Goodwill and Intangible Asset Impairment
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$71.3m
|
$47.9m
|
$1.0m
|
$48.8m
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$44.8m
|
$44.8m
|
—
|
—
|
|
Impairment of Intangible Assets, Finite-lived
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($3.2m)
|
($3.2m)
|
|
Operating Lease, Impairment Loss
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$6.9m
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
($32k)
|
$7k
|
($225k)
|
($326k)
|
($340k)
|
$3k
|
($67k)
|
($18k)
|
($980k)
|
($149k)
|
|
Income Tax Expense (Benefit)
|
|
$13.0m
|
$7.4m
|
$4.6m
|
$6.2m
|
$4.7m
|
$1.9m
|
$758k
|
$21.3m
|
$1.1m
|
$4.3m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$4.2m
|
$7.6m
|
$2.6m
|
$5.0m
|
($6.1m)
|
($815k)
|
($2.6m)
|
($11.8m)
|
($18.7m)
|
($88k)
|
|
Increase (Decrease) in Inventories
|
|
$5.4m
|
$27.8m
|
$30.6m
|
($35.3m)
|
($313k)
|
$54.2m
|
$40.9m
|
($101.5m)
|
($20.1m)
|
($21.1m)
|
|
Increase (Decrease) in Accounts Payable
|
|
$1.4m
|
$13.9m
|
($16.2m)
|
($6.7m)
|
($17.9m)
|
$28.3m
|
($21.0m)
|
($29.5m)
|
$9.0m
|
($15.3m)
|
|
General and Administrative Expense
|
|
$40.2m
|
$45.9m
|
$43.3m
|
$40.7m
|
$39.1m
|
$50.8m
|
$51.6m
|
$49.5m
|
$39.1m
|
$39.5m
|
|
Goodwill
|
|
$35.7m
|
$37.0m
|
$35.3m
|
$35.2m
|
$47.5m
|
$45.8m
|
$0
|
$0
|
$0
|
—
|
|
Investment Income, Interest
|
|
$152k
|
$1.0m
|
$1.5m
|
$1.0m
|
$657k
|
$147k
|
$20k
|
$1.5m
|
$4.8m
|
$3.1m
|
|
Nonoperating Income (Expense)
|
|
($3.3m)
|
($5.6m)
|
($3.6m)
|
($5.6m)
|
($10.2m)
|
($7.6m)
|
$3.1m
|
$1.1m
|
($9k)
|
($7.8m)
|
|
Operating Expenses
|
|
$119.7m
|
$156.7m
|
$130.6m
|
$124.0m
|
$111.4m
|
$144.1m
|
$221.9m
|
$180.0m
|
$138.6m
|
$199.0m
|
|
Derivative, Gain (Loss) on Derivative, Net
|
|
$1.4m
|
($614k)
|
$3.9m
|
$3.8m
|
($464k)
|
$4.3m
|
($529k)
|
($1.9m)
|
$506k
|
$4.5m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$101.5m
|
$61.0m
|
$14.7m
|
$83.0m
|
$47.6m
|
$20.7m
|
($23.3m)
|
$66.5m
|
$31.9m
|
($38.0m)
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$22.9m
|
$22.7m
|
$21.0m
|
$23.6m
|
$19.8m
|
$31.5m
|
$17.8m
|
$11.2m
|
$10.4m
|
$9.0m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
—
|
—
|
—
|
—
|
$29.0m
|
$0
|
$2.2m
|
$0
|
$1.6m
|
$0
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($23.3m)
|
($22.8m)
|
($21.2m)
|
($23.6m)
|
($68.3m)
|
($34.9m)
|
($7.3m)
|
($40.5m)
|
($24.4m)
|
$42.0m
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends paid
|
|
$243k
|
—
|
$20.3m
|
$5.2m
|
$4.8m
|
$10.7m
|
$8.6m
|
$0
|
$0
|
—
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($35.6m)
|
($6.3m)
|
($38.4m)
|
($14.1m)
|
($6.1m)
|
($25.3m)
|
$9.2m
|
($23.8m)
|
($3.0m)
|
($3.9m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
$933k
|
$453k
|
($321k)
|
$475k
|
($25.1m)
|
($39.9m)
|
($22.2m)
|
$2.5m
|
$2.7m
|
$1.1m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$54.6m
|
$57.3m
|
$58.4m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
($210k)
|
$259k
|
$361k
|
$0
|
$0
|
$1.9m
|
$1.2m
|
$716k
|
$548k
|
$280k
|