|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$42.7m
|
$51.8m
|
$76.6m
|
$63.7m
|
$50.9m
|
$33.4m
|
($103.5m)
|
$17.2m
|
$16.6m
|
$21.2m
|
|
Depreciation, Depletion and Amortization
|
|
$17.5m
|
$18.5m
|
$26.8m
|
$30.9m
|
$32.6m
|
$40.5m
|
$39.4m
|
$37.5m
|
$35.8m
|
$33.8m
|
|
Amortization of Intangible Assets
|
|
$700k
|
$500k
|
$3.2m
|
$3.5m
|
$3.0m
|
$6.2m
|
$6.0m
|
$5.9m
|
$3.7m
|
$3.7m
|
|
Depreciation
|
|
$16.8m
|
$18.0m
|
$23.5m
|
$27.4m
|
$29.6m
|
$34.3m
|
$33.4m
|
$31.6m
|
$32.1m
|
$30.1m
|
|
Deferred Income Tax Expense (Benefit)
|
|
$2.8m
|
$1.2m
|
$11.9m
|
$6.1m
|
$7.6m
|
$339k
|
($9.5m)
|
($7.7m)
|
($5.2m)
|
$2.9m
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$6.8m
|
$8.6m
|
$10.9m
|
$10.8m
|
$14.7m
|
$19.1m
|
$17.5m
|
$16.0m
|
$17.0m
|
$15.7m
|
|
Payment, Tax Withholding, Share-based Payment Arrangement
|
|
—
|
—
|
—
|
$2.5m
|
$3.4m
|
$4.2m
|
$1.7m
|
$1.4m
|
$2.0m
|
$3.4m
|
|
Share-based Payment Arrangement, Expense
|
|
$6.8m
|
$8.6m
|
$10.9m
|
$10.8m
|
$14.7m
|
$19.1m
|
$17.5m
|
$16.0m
|
$17.0m
|
$15.7m
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
—
|
$0
|
$0
|
—
|
|
Gain (Loss) on Disposition of Business
|
|
—
|
—
|
$671k
|
$0
|
$0
|
—
|
—
|
—
|
—
|
($342k)
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$1.2m
|
$498k
|
$13k
|
$4k
|
|
Income Tax Expense (Benefit)
|
|
$21.5m
|
$22.7m
|
$15.1m
|
$17.5m
|
$12.1m
|
$6.8m
|
$5.6m
|
$10.7m
|
$8.1m
|
$9.8m
|
|
Other Nonoperating Income (Expense)
|
|
$2.5m
|
$2.2m
|
$2.8m
|
$1.3m
|
$3.1m
|
($158k)
|
$106k
|
($215k)
|
$4.8m
|
$6.0m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
($900k)
|
$9.9m
|
$6.1m
|
($1.8m)
|
$91k
|
$20.1m
|
($1.6m)
|
($2.7m)
|
($9.7m)
|
$12.5m
|
|
Increase (Decrease) in Inventories
|
|
($136k)
|
$985k
|
$189k
|
($60k)
|
$662k
|
$2.4m
|
$310k
|
($112k)
|
($1.3m)
|
$2.1m
|
|
Increase (Decrease) in Accounts Payable
|
|
($1.1m)
|
$3.2m
|
$1.9m
|
($719k)
|
$1.5m
|
$4.7m
|
$1.4m
|
($1.8m)
|
$480k
|
($333k)
|
|
Accretion Expense
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.1m
|
$33k
|
$20k
|
|
Debt Securities, Available-for-sale, Realized Gain (Loss)
|
|
—
|
—
|
—
|
—
|
—
|
($567k)
|
—
|
—
|
—
|
—
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($3.9m)
|
$0
|
$0
|
|
General and Administrative Expense
|
|
$36.7m
|
$41.2m
|
$52.5m
|
$49.8m
|
$51.7m
|
$55.9m
|
$67.5m
|
$65.8m
|
$64.3m
|
$69.8m
|
|
Goodwill
|
|
$28.9m
|
$128.5m
|
$128.8m
|
$128.8m
|
$128.8m
|
$400.6m
|
$274.0m
|
$274.0m
|
$274.0m
|
$274.0m
|
|
Operating Expenses
|
|
$105.2m
|
$121.6m
|
$149.8m
|
$155.4m
|
$158.0m
|
$182.3m
|
$313.4m
|
$193.8m
|
$203.3m
|
$212.0m
|
|
Restructuring Costs
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$749k
|
|
Revenue from Contract with Customer, Including Assessed Tax
|
|
—
|
—
|
$445.6m
|
$458.7m
|
$434.4m
|
$488.1m
|
$488.4m
|
$503.9m
|
$500.9m
|
$533.1m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$75.0m
|
$81.7m
|
$122.9m
|
$116.1m
|
$107.0m
|
$55.2m
|
$62.1m
|
$73.3m
|
$77.8m
|
$74.5m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$33.6m
|
$32.6m
|
$87.1m
|
$62.2m
|
$47.0m
|
$34.2m
|
$21.7m
|
$28.1m
|
$9.2m
|
$14.8m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
—
|
$110.5m
|
$90k
|
$0
|
$0
|
$127.4m
|
$0
|
$0
|
—
|
—
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($60.8m)
|
($124.0m)
|
($63.3m)
|
($44.3m)
|
($95.5m)
|
($94.7m)
|
($43.1m)
|
($4.6m)
|
($13.6m)
|
($13.4m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale
|
|
$62.2m
|
$48.0m
|
$65.1m
|
$68.3m
|
$67.7m
|
$18.2m
|
$19.4m
|
$23.9m
|
$19.2m
|
$17.6m
|
|
Repayments of Long-term Debt
|
|
—
|
—
|
$5.0m
|
$0
|
$0
|
—
|
—
|
—
|
—
|
—
|
|
Payments for Repurchase of Common Stock
|
|
—
|
$4.4m
|
$12.2m
|
$33.5m
|
$14.7m
|
$23.3m
|
$29.7m
|
$44.0m
|
$60.3m
|
$43.0m
|
|
Proceeds from (Payments for) Other Financing Activities
|
|
—
|
—
|
—
|
—
|
—
|
($4k)
|
$0
|
$0
|
—
|
—
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
$7.8m
|
$9.2m
|
($10.4m)
|
($31.6m)
|
($10.7m)
|
($22.2m)
|
($27.9m)
|
($41.9m)
|
($58.5m)
|
($40.4m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
($917k)
|
$947k
|
($871k)
|
$47k
|
$2.4m
|
($61.7m)
|
($9.4m)
|
$27.2m
|
$5.3m
|
$21.8m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$1k
|
$19k
|
$39k
|
$14k
|
$23k
|
$28k
|
$101k
|
$1.1m
|
$136k
|
$58k
|
|
Income Taxes Paid, Net
|
|
$9.8m
|
$19.1m
|
$10.0m
|
$4.0m
|
$5.7m
|
$7.6m
|
$19.2m
|
$15.9m
|
$13.9m
|
$6.7m
|