|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$23.1m
|
$9.2m
|
$29.2m
|
($7.1m)
|
$18.7m
|
$19.5m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
$23.8m
|
$10.8m
|
$29.4m
|
($7.8m)
|
$19.7m
|
$23.0m
|
|
Net Income (Loss) Attributable to Noncontrolling Interest
|
|
—
|
—
|
$193k
|
($639k)
|
$967k
|
$3.5m
|
|
Amortization of Debt Issuance Costs
|
|
$1.1m
|
$6.0m
|
$1.1m
|
$1.4m
|
—
|
—
|
|
Amortization of Debt Issuance Costs and Discounts
|
|
$2.0m
|
$4.7m
|
$1.1m
|
$1.4m
|
$1.4m
|
$1.5m
|
|
Amortization of Intangible Assets
|
|
$15.5m
|
$30.4m
|
$26.9m
|
$29.2m
|
$25.6m
|
$23.8m
|
|
Depreciation
|
|
$105k
|
$272k
|
$485k
|
$738k
|
$944k
|
$1.9m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($30.3m)
|
($8.1m)
|
$3.7m
|
$3.8m
|
$4.0m
|
$6.7m
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$714k
|
$3.5m
|
$18.6m
|
$34.7m
|
$30.5m
|
$37.1m
|
|
Payment, Tax Withholding, Share-based Payment Arrangement
|
|
—
|
—
|
$454k
|
$9.5m
|
$8.7m
|
$8.8m
|
|
Share-based Payment Arrangement, Expense
|
|
$700k
|
$3.5m
|
$18.6m
|
$10.3m
|
$9.1m
|
$9.5m
|
|
Goodwill, Impairment Loss
|
|
—
|
$0
|
$0
|
—
|
—
|
$0
|
|
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
|
Gain (Loss) on Extinguishment of Debt
|
|
$0
|
($15.3m)
|
$0
|
$0
|
($132k)
|
$0
|
|
Income (Loss) from Equity Method Investments
|
|
—
|
$1.1m
|
$1.5m
|
$161k
|
$905k
|
$947k
|
|
Income Tax Expense (Benefit)
|
|
($26.8m)
|
($7.1m)
|
$6.1m
|
$4.6m
|
$8.7m
|
$9.4m
|
|
Other Nonoperating Income (Expense)
|
|
($11.7m)
|
($36.6m)
|
($8.0m)
|
($24.1m)
|
($32.3m)
|
($33.1m)
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
($1.9m)
|
($407k)
|
$1.1m
|
$4.1m
|
$11.7m
|
($6.7m)
|
|
Distributions paid to shareholders
|
|
—
|
—
|
$10.5m
|
$14.8m
|
$15.5m
|
$16.3m
|
|
Asset Acquisition Contingent Consideration Liability
|
|
$593k
|
$23.0m
|
$17.3m
|
$6.7m
|
$2.2m
|
$15.6m
|
|
General and Administrative Expense
|
|
$4.7m
|
$9.9m
|
$18.5m
|
$22.6m
|
$28.8m
|
$35.1m
|
|
Goodwill
|
|
$370.0m
|
$418.7m
|
$506.6m
|
$506.0m
|
$506.0m
|
$559.0m
|
|
Operating Expenses
|
|
$58.7m
|
$110.2m
|
$154.9m
|
$220.8m
|
$235.8m
|
$231.8m
|
|
Payments of Financing Costs
|
|
$4.1m
|
$4.4m
|
$1.9m
|
$0
|
$1.9m
|
$0
|
|
Proceeds from Stock Options Exercised
|
|
—
|
—
|
—
|
—
|
$898k
|
$0
|
|
Revenue from Contract with Customer, Including Assessed Tax
|
|
—
|
—
|
—
|
$3.0m
|
$3.0m
|
—
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$10.7m
|
$49.0m
|
$61.7m
|
$47.7m
|
$101.0m
|
$23.0m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$34k
|
$129k
|
$1.3m
|
$1.2m
|
$4.4m
|
$4.9m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
$213.9m
|
$44.6m
|
$96.5m
|
$0
|
$0
|
$40.2m
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($214.2m)
|
($47.4m)
|
($98.6m)
|
($2.2m)
|
($5.8m)
|
($42.7m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
Repayments of Long-term Debt
|
|
—
|
$31.7m
|
$0
|
$0
|
—
|
—
|
|
Payments of Ordinary Dividends, Common Stock
|
|
—
|
—
|
$10.5m
|
$14.8m
|
$15.5m
|
$16.3m
|
|
Proceeds from Noncontrolling Interests
|
|
$46.4m
|
—
|
$0
|
—
|
—
|
$3.0m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
$196.8m
|
$29.1m
|
$22.9m
|
($42.9m)
|
($59.1m)
|
($19.7m)
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
—
|
—
|
$205k
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
—
|
—
|
—
|
—
|
($39.2m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
$12.8m
|
$43.5m
|
$29.5m
|
$32.1m
|
$68.1m
|
$28.9m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$9.7m
|
$18.7m
|
$6.8m
|
$20.1m
|
$21.7m
|
$26.5m
|
|
Income Taxes Paid, Net
|
|
$1.2m
|
$5.0m
|
$2.5m
|
$1.5m
|
$2.5m
|
$3.4m
|