|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$20.5m
|
$21.0m
|
$51.8m
|
$20.9m
|
($5.8m)
|
($6.3m)
|
($83.8m)
|
($102.4m)
|
($35.9m)
|
($22.7m)
|
|
Depreciation, Depletion and Amortization
|
|
$13.6m
|
$12.3m
|
$11.3m
|
$13.8m
|
$18.6m
|
$21.6m
|
$23.5m
|
$18.2m
|
$21.0m
|
$20.7m
|
|
Amortization of Intangible Assets
|
|
$101k
|
$507k
|
$1.3m
|
$4.2m
|
$9.0m
|
$8.8m
|
$8.5m
|
$1.2m
|
$4.3m
|
$4.9m
|
|
Deferred Income Tax Expense (Benefit)
|
|
$1.0m
|
$7.9m
|
($11.6m)
|
$2.9m
|
($82k)
|
$14.4m
|
—
|
($251k)
|
($1.1m)
|
($1.1m)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$7.3m
|
$9.6m
|
$12.8m
|
$9.1m
|
$8.2m
|
$10.9m
|
$12.3m
|
$7.4m
|
$7.4m
|
$8.0m
|
|
Payment, Tax Withholding, Share-based Payment Arrangement
|
|
—
|
—
|
$1.2m
|
$928k
|
$350k
|
$647k
|
$1.4m
|
$518k
|
$546k
|
$821k
|
|
Share-based Payment Arrangement, Expense
|
|
$7.3m
|
$9.6m
|
$12.8m
|
$9.1m
|
$8.2m
|
$10.9m
|
$12.3m
|
$7.4m
|
$7.4m
|
$8.0m
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
$0
|
$0
|
$0
|
$0
|
$0
|
$32.9m
|
—
|
—
|
|
Impairment of Intangible Assets, Finite-lived
|
|
—
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Gain (Loss) on Disposition of Assets
|
|
$272k
|
$64k
|
$416k
|
$68k
|
$94k
|
$65k
|
($154k)
|
($84k)
|
($165k)
|
$57k
|
|
Gain (Loss) on Disposition of Intangible Assets
|
|
—
|
—
|
—
|
—
|
($94k)
|
($65k)
|
($52.2m)
|
($84k)
|
($165k)
|
$57k
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
($1.7m)
|
($2.9m)
|
($8.0m)
|
($3.1m)
|
($4.4m)
|
($5.5m)
|
$154k
|
$84k
|
$165k
|
($57k)
|
|
Income Tax Expense (Benefit)
|
|
$2.2m
|
$8.7m
|
($11.4m)
|
$3.3m
|
$549k
|
$15.0m
|
$504k
|
$105k
|
($588k)
|
($632k)
|
|
Other Nonoperating Income (Expense)
|
|
($329k)
|
$1.3m
|
($696k)
|
($229k)
|
$5.8m
|
($710k)
|
($862k)
|
$468k
|
$850k
|
$2.4m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$32.7m
|
$18.3m
|
$26.0m
|
$16.7m
|
$8.2m
|
$6.1m
|
$51.3m
|
($10.1m)
|
$5.2m
|
$14.6m
|
|
Increase (Decrease) in Inventories
|
|
$7.5m
|
$5.9m
|
$10.0m
|
$10.3m
|
($7.6m)
|
$10.8m
|
$5.6m
|
($7.9m)
|
$3.5m
|
$3.2m
|
|
Proceeds from Stock Options Exercised
|
|
$7.0m
|
$12.6m
|
$17.2m
|
$3.1m
|
$332k
|
$13.7m
|
$44k
|
$384k
|
—
|
—
|
|
General and Administrative Expense
|
|
$31.8m
|
$37.6m
|
$38.0m
|
$37.1m
|
$38.6m
|
$37.9m
|
$43.9m
|
$75.3m
|
$72.6m
|
$67.4m
|
|
Goodwill
|
|
—
|
$2.4m
|
$2.3m
|
$33.0m
|
$33.2m
|
$33.0m
|
$32.9m
|
$10.1m
|
$9.5m
|
$10.7m
|
|
Inventory Write-down
|
|
$133k
|
$340k
|
$351k
|
$972k
|
$1.3m
|
$2.1m
|
$2.4m
|
$2.7m
|
$233k
|
$822k
|
|
Investment Income, Interest
|
|
$196k
|
$765k
|
$3.3m
|
$4.7m
|
$909k
|
$129k
|
$2.8m
|
$6.6m
|
$5.2m
|
$4.4m
|
|
Nonoperating Income (Expense)
|
|
($139k)
|
$2.1m
|
$2.6m
|
$4.5m
|
$6.7m
|
($581k)
|
$2.0m
|
$7.0m
|
$6.0m
|
$6.8m
|
|
Operating Expenses
|
|
$74.4m
|
$93.6m
|
$140.7m
|
$152.1m
|
$150.2m
|
$167.2m
|
$238.8m
|
$236.1m
|
$197.3m
|
$184.5m
|
|
Restructuring Costs
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$3.4m
|
$0
|
$0
|
|
Unrealized Gain (Loss) on Derivatives
|
|
$47k
|
—
|
—
|
—
|
—
|
—
|
($1.1m)
|
$0
|
$0
|
$0
|
|
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax
|
|
—
|
($446k)
|
$577k
|
($872k)
|
$207k
|
—
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$31.0m
|
$60.5m
|
$60.0m
|
$40.6m
|
$37.0m
|
$23.6m
|
($37.5m)
|
($3.2m)
|
$5.9m
|
($11.2m)
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$1.7m
|
$2.9m
|
$8.0m
|
$3.1m
|
$4.4m
|
$5.5m
|
$3.3m
|
$5.2m
|
$3.4m
|
$2.5m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
—
|
$4.5m
|
—
|
$70.4m
|
—
|
—
|
—
|
$29.6m
|
—
|
—
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($11.9m)
|
($24.4m)
|
($25.0m)
|
($44.1m)
|
($25.6m)
|
($14.6m)
|
($10.9m)
|
($59.3m)
|
($14.0m)
|
($26.2m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Repayments of Long-term Debt
|
|
$315k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Proceeds from Issuance of Common Stock
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$27.2m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
$7.7m
|
$14.0m
|
$18.3m
|
$4.9m
|
$2.1m
|
$15.0m
|
$380k
|
$960k
|
$265k
|
$24.2m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
$50.1m
|
$53.7m
|
$1.4m
|
$13.9m
|
$23.6m
|
($48.5m)
|
($61.5m)
|
($8.1m)
|
($12.4m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
$50.1m
|
$53.7m
|
$1.4m
|
$13.9m
|
$23.6m
|
($48.5m)
|
($61.5m)
|
($8.1m)
|
$105.0m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Taxes Paid, Net
|
|
($447k)
|
$1.3m
|
$1.7m
|
$239k
|
($713k)
|
$1.5m
|
$499k
|
($703k)
|
$375k
|
$320k
|