|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
($8.7m)
|
($7.5m)
|
$11.7m
|
$22.6m
|
$9.6m
|
$7.8m
|
($166k)
|
($21.6m)
|
$6.0m
|
$20.3m
|
|
Depreciation, Depletion and Amortization
|
|
$10.4m
|
$11.2m
|
$9.8m
|
$11.3m
|
$10.6m
|
$10.2m
|
$11.7m
|
$12.2m
|
$11.8m
|
$11.7m
|
|
Amortization of Intangible Assets
|
|
$1.1m
|
$1.2m
|
$948k
|
$2.4m
|
$1.9m
|
$1.9m
|
$3.7m
|
$4.0m
|
$4.0m
|
$4.0m
|
|
Depreciation
|
|
$9.3m
|
$10.0m
|
$8.8m
|
$8.9m
|
$8.7m
|
$8.3m
|
$8.0m
|
$8.3m
|
$7.9m
|
$7.7m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($2.7m)
|
$91k
|
($2.3m)
|
($1.5m)
|
$333k
|
($3.5m)
|
($2.0m)
|
$582k
|
$439k
|
$5k
|
|
Deferred Other Tax Expense (Benefit)
|
|
—
|
—
|
—
|
—
|
$1.6m
|
$1.2m
|
$1.7m
|
—
|
—
|
—
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$11.5m
|
$13.0m
|
$12.5m
|
$13.1m
|
$16.5m
|
$17.6m
|
$27.4m
|
$34.0m
|
$26.0m
|
$24.0m
|
|
Share-based Payment Arrangement, Expense
|
|
$11.5m
|
$13.0m
|
$12.5m
|
$13.1m
|
$16.5m
|
$17.6m
|
$26.1m
|
$31.1m
|
$24.4m
|
$24.0m
|
|
Income Tax Expense (Benefit)
|
|
$1.7m
|
$5.7m
|
$3.1m
|
$3.1m
|
$4.3m
|
$14.8m
|
$4.9m
|
$3.8m
|
$6.6m
|
$9.1m
|
|
Other Nonoperating Income (Expense)
|
|
$5.7m
|
$4.8m
|
$7.3m
|
$8.8m
|
$7.8m
|
$4.4m
|
$8.1m
|
$13.9m
|
$16.6m
|
$17.9m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
($7.0m)
|
($3.4m)
|
$1.2m
|
$2.4m
|
($5.8m)
|
($3.7m)
|
$4.6m
|
$2.5m
|
($3.4m)
|
$18.2m
|
|
Increase (Decrease) in Inventories
|
|
$792k
|
$1.7m
|
($371k)
|
($4.5m)
|
($5k)
|
($2.4m)
|
($152k)
|
$4.1m
|
($1.5m)
|
($810k)
|
|
Increase (Decrease) in Accounts Payable
|
|
($3.3m)
|
($734k)
|
($884k)
|
$1.8m
|
($2.4m)
|
$428k
|
$2.2m
|
($2.2m)
|
$1.3m
|
$1.7m
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
($674k)
|
($635k)
|
($196k)
|
($2.3m)
|
($2.3m)
|
($1.8m)
|
$1.3m
|
$203k
|
($1.2m)
|
($3.2m)
|
|
Gain (Loss) on Investments
|
|
$1.8m
|
$18k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
General and Administrative Expense
|
|
$18.1m
|
$17.6m
|
$16.1m
|
$18.6m
|
$18.9m
|
$21.9m
|
$29.8m
|
$32.4m
|
$28.3m
|
$25.5m
|
|
Goodwill
|
|
$30.1m
|
$32.2m
|
$32.2m
|
$41.1m
|
$41.1m
|
$41.1m
|
$68.0m
|
$68.0m
|
$68.0m
|
$68.0m
|
|
Inventory Write-down
|
|
$1.1m
|
$2.3m
|
$3.9m
|
$3.3m
|
$616k
|
$2.0m
|
$397k
|
$1.5m
|
$952k
|
$553k
|
|
Operating Costs and Expenses
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$7.7m
|
$8.1m
|
$11.8m
|
|
Operating Expenses
|
|
$173.6m
|
$178.4m
|
$185.2m
|
$190.0m
|
$198.8m
|
$215.8m
|
$242.9m
|
$241.3m
|
$225.5m
|
$232.1m
|
|
Proceeds from Stock Options Exercised
|
|
$1.6m
|
$10.9m
|
$21.8m
|
$18.0m
|
$11.9m
|
$10.6m
|
$2.0m
|
$371k
|
$3k
|
$0
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$38.5m
|
$31.5m
|
$49.3m
|
$52.9m
|
$63.9m
|
$71.8m
|
$32.1m
|
($3.5m)
|
$71.6m
|
$50.1m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$9.4m
|
$7.2m
|
$8.9m
|
$8.2m
|
$8.7m
|
$5.6m
|
$8.8m
|
$5.4m
|
$5.3m
|
$8.5m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
—
|
$8.3m
|
—
|
$12.2m
|
—
|
—
|
$30.0m
|
$0
|
$0
|
—
|
|
Payments for (Proceeds from) Other Investing Activities
|
|
$53k
|
$6k
|
($40k)
|
($4k)
|
$110k
|
($49k)
|
($35k)
|
($66k)
|
($81k)
|
($58k)
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
$28.4m
|
($56.3m)
|
($85.5m)
|
($50.8m)
|
($14.4m)
|
$7.8m
|
($56.0m)
|
$92.8m
|
($39.5m)
|
($30.1m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale
|
|
$17.2m
|
$20.1m
|
$41.8m
|
$17.0m
|
$29.5m
|
$60.0m
|
$34.6m
|
$46.2m
|
$125.0m
|
$73.2m
|
|
Payments for Repurchase of Common Stock
|
|
$22.0m
|
$413k
|
$4.3m
|
$24.5m
|
$45.3m
|
$52.5m
|
$59.5m
|
$63.2m
|
$839k
|
$10.5m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($20.9m)
|
$10.5m
|
$16.2m
|
($6.5m)
|
($35.5m)
|
($41.9m)
|
($22.5m)
|
($64.9m)
|
($3.9m)
|
($13.7m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$46.2m
|
$70.5m
|
$98.7m
|
$105.1m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Taxes Paid, Net
|
|
$1.7m
|
$14.4m
|
$6.4m
|
$3.3m
|
$1.3m
|
$2.7m
|
$18.1m
|
$4.0m
|
$921k
|
$2.2m
|