|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$24.7m
|
($2.2m)
|
$6.8m
|
$6.1m
|
($99.5m)
|
$3.9m
|
$6.5m
|
($17.5m)
|
$19.0m
|
$16.8m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
$24.6m
|
($2.2m)
|
$6.8m
|
$6.1m
|
($99.5m)
|
$3.9m
|
$6.6m
|
($17.4m)
|
$19.0m
|
$16.9m
|
|
Net Income (Loss) Attributable to Noncontrolling Interest
|
|
($4k)
|
$7k
|
$9k
|
$20k
|
($5k)
|
$33k
|
$75k
|
$8k
|
—
|
—
|
|
Depreciation, Depletion and Amortization
|
|
$32.5m
|
$31.4m
|
$34.4m
|
$38.5m
|
$35.7m
|
$34.9m
|
$33.3m
|
$34.1m
|
$33.0m
|
$31.0m
|
|
Amortization of Intangible Assets
|
|
$9.6m
|
$9.0m
|
$10.2m
|
$14.3m
|
$11.0m
|
$9.7m
|
$9.1m
|
$8.5m
|
$7.6m
|
$6.7m
|
|
Depreciation
|
|
$22.9m
|
$22.4m
|
$24.2m
|
$24.2m
|
$24.7m
|
$25.2m
|
$24.1m
|
$25.6m
|
$25.3m
|
$24.3m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($526k)
|
($5.1m)
|
$1.3m
|
($3.8m)
|
($14.1m)
|
($2.2m)
|
($1.8m)
|
($3.6m)
|
($3.6m)
|
—
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$6.5m
|
$6.6m
|
$6.1m
|
$5.8m
|
$5.9m
|
$5.4m
|
$5.3m
|
$5.7m
|
$5.1m
|
$7.8m
|
|
Payment, Tax Withholding, Share-based Payment Arrangement
|
|
$1.1m
|
$1.6m
|
$2.2m
|
$3.2m
|
$494k
|
$1.4m
|
$977k
|
$1.6m
|
$1.3m
|
$1.7m
|
|
Goodwill and Intangible Asset Impairment
|
|
—
|
$15.8m
|
$0
|
$0
|
$106.1m
|
$0
|
$0
|
—
|
—
|
—
|
|
Goodwill, Impairment Loss
|
|
—
|
$13.2m
|
—
|
—
|
$77.1m
|
$0
|
—
|
$13.8m
|
$0
|
$0
|
|
Income Tax Expense (Benefit)
|
|
$13.8m
|
$1.9m
|
$7.4m
|
$4.4m
|
($14.7m)
|
$3.4m
|
$2.7m
|
($1.2m)
|
$5.3m
|
$5.6m
|
|
Interest Expense Nonoperating
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$17.1m
|
$14.6m
|
|
Other Nonoperating Income (Expense)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($3.5m)
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$5.0m
|
($2.5m)
|
$10.3m
|
($8.3m)
|
($27.3m)
|
$4.0m
|
$17.2m
|
$8.0m
|
($1.3m)
|
$24.9m
|
|
Increase (Decrease) in Inventories
|
|
($1.6m)
|
$117k
|
$2.8m
|
$302k
|
($84k)
|
($278k)
|
$1.3m
|
$1.9m
|
($100k)
|
($772k)
|
|
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
|
|
$0
|
$0
|
$2.4m
|
$0
|
$0
|
—
|
—
|
—
|
—
|
—
|
|
Environmental Remediation Expense
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.7m
|
$1.7m
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
$100k
|
($600k)
|
($1.3m)
|
$500k
|
$3.1m
|
$400k
|
($200k)
|
$1.3m
|
($1.8m)
|
$3.5m
|
|
Foreign Currency Transaction Gain (Loss), Realized
|
|
—
|
$604k
|
$1.3m
|
$535k
|
($3.0m)
|
($417k)
|
$208k
|
($1.0m)
|
$1.8m
|
($3.5m)
|
|
Goodwill
|
|
$169.2m
|
$203.4m
|
$279.3m
|
$282.4m
|
$206.0m
|
$205.4m
|
$199.6m
|
$187.4m
|
$181.4m
|
$184.8m
|
|
Payments of Financing Costs
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
—
|
|
Proceeds from Stock Options Exercised
|
|
$543k
|
$275k
|
$273k
|
$32k
|
$0
|
$0
|
—
|
—
|
—
|
—
|
|
Restructuring Costs
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$12.3m
|
$5.5m
|
$12.7m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$68.1m
|
$55.2m
|
$41.7m
|
$59.1m
|
$67.8m
|
$42.3m
|
$26.4m
|
$26.7m
|
$50.1m
|
$33.0m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$14.9m
|
$19.3m
|
$20.6m
|
$22.0m
|
$15.4m
|
$18.2m
|
$12.6m
|
$20.9m
|
$17.9m
|
$24.7m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
$1.7m
|
$83.4m
|
$140.0m
|
$4.2m
|
$0
|
$440k
|
$0
|
$0
|
—
|
—
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($16.8m)
|
($102.8m)
|
($155.4m)
|
($25.3m)
|
($15.0m)
|
($18.6m)
|
($12.2m)
|
($22.1m)
|
($21.4m)
|
($25.1m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Long-term Debt
|
|
$2.7m
|
$6.7m
|
$2.4m
|
$983k
|
$2.3m
|
$0
|
$125.0m
|
$611k
|
$0
|
$0
|
|
Repayments of Long-term Debt
|
|
$17.6m
|
$2.1m
|
$2.7m
|
$6.9m
|
$6.0m
|
$16.3m
|
$81.4m
|
$7.6m
|
$9.1m
|
$11.9m
|
|
Payments for Repurchase of Common Stock
|
|
$0
|
$15.9m
|
$0
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($40.4m)
|
$53.6m
|
$114.0m
|
($44.1m)
|
($44.2m)
|
($23.2m)
|
($16.3m)
|
($7.7m)
|
($27.4m)
|
($595k)
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
($361k)
|
$2.3m
|
($2.2m)
|
($221k)
|
$2.1m
|
($2.1m)
|
($1.5m)
|
$249k
|
($694k)
|
$2.4m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
($361k)
|
$2.3m
|
($2.2m)
|
($10.5m)
|
$10.7m
|
($1.6m)
|
($3.6m)
|
($2.8m)
|
$671k
|
$9.7m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
$15.0m
|
$25.8m
|
$24.1m
|
$20.5m
|
$17.6m
|
$18.3m
|
$28.0m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
—
|
—
|
$7.8m
|
$14.2m
|
$12.5m
|
$10.1m
|
$8.6m
|
$17.1m
|
$15.6m
|
$13.4m
|
|
Income Taxes Paid, Net
|
|
($1.1m)
|
($1.6m)
|
($2.2m)
|
($3.2m)
|
($543k)
|
$4.7m
|
($3.1m)
|
$6.9m
|
$6.4m
|
$9.3m
|