|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$22.0m
|
$60.1m
|
$49.1m
|
$40.8m
|
$44.5m
|
$50.3m
|
$74.1m
|
$72.9m
|
$64.1m
|
$53.8m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
$22.0m
|
$62.3m
|
$51.1m
|
$40.8m
|
$44.5m
|
$50.3m
|
$74.1m
|
$72.9m
|
$64.1m
|
$53.8m
|
|
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
|
|
$22.0m
|
$60.1m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
|
|
$22.0m
|
$62.3m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Depreciation, Depletion and Amortization
|
|
$21.0m
|
$30.8m
|
$37.1m
|
$38.3m
|
$38.3m
|
$43.4m
|
$53.2m
|
$46.6m
|
$55.6m
|
$61.9m
|
|
Amortization of Debt Issuance Costs
|
|
($2.5m)
|
$800k
|
$1.0m
|
$1.1m
|
$1.0m
|
$1.2m
|
$1.2m
|
$1.2m
|
$1.2m
|
($4.7m)
|
|
Amortization of Intangible Assets
|
|
$8.3m
|
$12.1m
|
$15.6m
|
$15.9m
|
$14.0m
|
$16.6m
|
$26.3m
|
$20.4m
|
$25.8m
|
$27.5m
|
|
Depreciation
|
|
$8.6m
|
$9.8m
|
$11.4m
|
$11.8m
|
$13.2m
|
$13.5m
|
$13.6m
|
$14.0m
|
$15.0m
|
$18.2m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($1.8m)
|
($2.6m)
|
($6.1m)
|
($4.3m)
|
($4.1m)
|
($3.9m)
|
($18.7m)
|
($14.7m)
|
($15.9m)
|
($8.9m)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$4.3m
|
$5.5m
|
$7.7m
|
$9.3m
|
$23.1m
|
$25.6m
|
$23.1m
|
$25.6m
|
$23.3m
|
$29.5m
|
|
Payment, Tax Withholding, Share-based Payment Arrangement
|
|
$1.8m
|
$2.1m
|
$3.6m
|
$6.9m
|
$8.6m
|
$30.8m
|
$11.7m
|
$10.6m
|
$9.7m
|
$7.8m
|
|
Share-based Payment Arrangement, Expense
|
|
$4.3m
|
$5.5m
|
$7.7m
|
$9.3m
|
$23.1m
|
$25.6m
|
$23.1m
|
$25.6m
|
$23.3m
|
$29.5m
|
|
Goodwill and Intangible Asset Impairment
|
|
—
|
$0
|
$0
|
—
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Operating Lease, Impairment Loss
|
|
—
|
—
|
—
|
$2.6m
|
$2.6m
|
—
|
—
|
$1.9m
|
—
|
—
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
$1.7m
|
($36k)
|
($106k)
|
($756k)
|
($120k)
|
($65k)
|
$61k
|
($148k)
|
$64k
|
$4.1m
|
|
Income (Loss) from Equity Method Investments
|
|
$2.2m
|
$104k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Income Tax Expense (Benefit)
|
|
$10.5m
|
$13.8m
|
$10.2m
|
$5.0m
|
$3.9m
|
$5.8m
|
$13.1m
|
$10.9m
|
$15.0m
|
$15.8m
|
|
Other Nonoperating Income (Expense)
|
|
$2.2m
|
$142k
|
($44k)
|
($243k)
|
$21k
|
($368k)
|
($371k)
|
($675k)
|
($442k)
|
($708k)
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$6.4m
|
$2.1m
|
$1.2m
|
$3.6m
|
($18.0m)
|
$25.4m
|
$23.2m
|
$127k
|
$6.2m
|
$27.3m
|
|
Increase (Decrease) in Inventories
|
|
$2.9m
|
$13.6m
|
$15.6m
|
$7.4m
|
($22.1m)
|
$19.1m
|
$48.5m
|
($11.4m)
|
($4.8m)
|
$36.1m
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
$2.3m
|
($447k)
|
$147k
|
($780k)
|
($942k)
|
($127k)
|
$67k
|
($255k)
|
$413k
|
($2.2m)
|
|
Goodwill
|
|
$108.1m
|
$211.0m
|
$217.7m
|
$274.7m
|
$286.0m
|
$479.5m
|
$478.9m
|
$484.5m
|
$584.1m
|
$647.3m
|
|
Inventory Write-down
|
|
$3.1m
|
$1.4m
|
$1.9m
|
$3.2m
|
$4.0m
|
$3.6m
|
$3.0m
|
$7.5m
|
$8.8m
|
$3.3m
|
|
Operating Expenses
|
|
$129.9m
|
$163.3m
|
$190.5m
|
$206.8m
|
$188.6m
|
$236.3m
|
$275.4m
|
$289.4m
|
$311.0m
|
$341.3m
|
|
Proceeds from Stock Options Exercised
|
|
$181k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Restructuring Costs
|
|
$3.0m
|
$346k
|
$2.0m
|
$8.6m
|
$4.5m
|
$8.3m
|
$4.4m
|
$11.8m
|
$10.5m
|
$16.1m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$47.8m
|
$63.4m
|
$89.6m
|
$63.2m
|
$140.2m
|
$94.6m
|
$90.8m
|
$120.1m
|
$158.5m
|
$64.1m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$8.5m
|
$9.1m
|
$14.7m
|
$10.7m
|
$10.5m
|
$20.0m
|
$19.6m
|
$20.0m
|
$17.2m
|
$15.6m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
$9.0m
|
$168.3m
|
$29.6m
|
$53.1m
|
—
|
$284.7m
|
$21.6m
|
—
|
$191.2m
|
$64.3m
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($12.9m)
|
($177.4m)
|
($45.6m)
|
($63.8m)
|
($13.2m)
|
($306.7m)
|
($42.5m)
|
($19.9m)
|
($208.2m)
|
($74.3m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments for Repurchase of Common Stock
|
|
$1.6m
|
$370k
|
$5.8m
|
$10.0m
|
$5.5m
|
—
|
$10.0m
|
—
|
—
|
$39.3m
|
|
Proceeds from (Payments for) Other Financing Activities
|
|
($1.2m)
|
($853k)
|
($563k)
|
($443k)
|
($1.1m)
|
($567k)
|
($599k)
|
($657k)
|
($278k)
|
($3.3m)
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($23.2m)
|
$143.3m
|
($60.2m)
|
($3.9m)
|
($84.4m)
|
$204.8m
|
($60.2m)
|
($97.9m)
|
$56.9m
|
$276.3m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
($3.6m)
|
$2.6m
|
($1.9m)
|
$1.4m
|
$46.1m
|
($7.7m)
|
($17.3m)
|
$4.9m
|
$8.9m
|
$266.9m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$2.9m
|
$5.8m
|
$8.9m
|
$8.4m
|
$5.5m
|
$6.2m
|
$14.3m
|
$25.3m
|
$32.7m
|
$22.6m
|
|
Income Taxes Paid, Net
|
|
$14.1m
|
$21.1m
|
$20.3m
|
$14.3m
|
$5.9m
|
$11.3m
|
$20.3m
|
$36.9m
|
$21.2m
|
$36.7m
|