|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$10.4m
|
$21.5m
|
$18.7m
|
$31.6m
|
$38.0m
|
($50.7m)
|
($703k)
|
$4.6m
|
$3.0m
|
$1.3m
|
|
Depreciation, Depletion and Amortization
|
|
$6.5m
|
$7.9m
|
$1.8m
|
$2.4m
|
$1.9m
|
$2.0m
|
$2.2m
|
$2.5m
|
$2.6m
|
$2.4m
|
|
Depreciation
|
|
$6.4m
|
$7.3m
|
$17.1m
|
$25.7m
|
$21.7m
|
$24.7m
|
$25.7m
|
$26.5m
|
$27.9m
|
$28.0m
|
|
Amortization of Debt Issuance Costs
|
|
$159k
|
$455k
|
$300k
|
$212k
|
$105k
|
$105k
|
$105k
|
$105k
|
$145k
|
$250k
|
|
Amortization of Debt Issuance Costs and Discounts
|
|
($1.2m)
|
($193k)
|
($233k)
|
$861k
|
$290k
|
$291k
|
$291k
|
$291k
|
$237k
|
$250k
|
|
Amortization of Intangible Assets
|
|
$0
|
$0
|
$1.0m
|
$1.4m
|
$793k
|
$795k
|
$792k
|
$793k
|
$792k
|
$795k
|
|
Depreciation, Amortization and Accretion, Net
|
|
—
|
—
|
$17.2m
|
$26.4m
|
$22.1m
|
$25.3m
|
$26.5m
|
$27.5m
|
$28.9m
|
$29.3m
|
|
Deferred Income Tax Expense (Benefit)
|
|
$539k
|
($1.8m)
|
$4.7m
|
$6.1m
|
($2.6m)
|
($10.5m)
|
($4.2m)
|
($6.1m)
|
($2.8m)
|
($5.1m)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$1.4m
|
$2.0m
|
$2.9m
|
$2.9m
|
$3.8m
|
$3.2m
|
$3.2m
|
$3.5m
|
$3.2m
|
$3.7m
|
|
Gain (Loss) on Sale of Assets and Asset Impairment Charges
|
|
($59k)
|
$253k
|
$321k
|
$15.5m
|
$237k
|
$555k
|
($294k)
|
$1.8m
|
$1.1m
|
($566k)
|
|
Goodwill and Intangible Asset Impairment
|
|
—
|
—
|
$17.8m
|
$15.5m
|
$5.1m
|
$0
|
$0
|
$0
|
—
|
—
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
$16.9m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Impairment of Intangible Assets, Finite-lived
|
|
—
|
—
|
—
|
$8.5m
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)
|
|
—
|
—
|
$900k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
$59k
|
($253k)
|
($321k)
|
$42k
|
($237k)
|
($555k)
|
$294k
|
($1.8m)
|
($1.1m)
|
$566k
|
|
Gain (Loss) on Extinguishment of Debt
|
|
($1.1m)
|
$0
|
$0
|
($561k)
|
$0
|
$0
|
$0
|
$0
|
($1.3m)
|
$0
|
|
Income Tax Expense (Benefit)
|
|
$9.4m
|
($2.8m)
|
$5.1m
|
$7.8m
|
($13.0m)
|
($9.0m)
|
($3.2m)
|
($6.9m)
|
($2.7m)
|
($6.9m)
|
|
Operating Lease, Expense
|
|
—
|
—
|
—
|
$16.6m
|
$12.1m
|
$11.0m
|
$12.2m
|
—
|
—
|
—
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$3.3m
|
$18.0m
|
($4.5m)
|
$41.1m
|
$10.7m
|
($32.9m)
|
$18.3m
|
($12.7m)
|
$17.8m
|
($10.4m)
|
|
Increase (Decrease) in Inventories
|
|
$1.4m
|
($4.4m)
|
$7.3m
|
$1.0m
|
($4.7m)
|
($1.9m)
|
$5.2m
|
$6.6m
|
($1.8m)
|
$6.0m
|
|
Increase (Decrease) in Accounts Payable
|
|
$761k
|
$9.4m
|
($2.3m)
|
($4.7m)
|
($370k)
|
$4.5m
|
$5.2m
|
$2.0m
|
$53k
|
($6.8m)
|
|
Accretion Expense
|
|
$263k
|
$0
|
$246k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Asset Retirement Obligation, Accretion Expense
|
|
$16k
|
$514k
|
$26k
|
$687k
|
$396k
|
$740k
|
$758k
|
$904k
|
$996k
|
$1.1m
|
|
Gain (Loss) on Sale of Derivatives
|
|
($5k)
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Goodwill
|
|
—
|
—
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Inventory Write-down
|
|
$0
|
$0
|
$0
|
$0
|
—
|
—
|
$0
|
$0
|
$0
|
$0
|
|
Nonoperating Income (Expense)
|
|
$433k
|
$12k
|
($2.1m)
|
($4.1m)
|
$38.0m
|
$3.8m
|
($780k)
|
($748k)
|
($2.8m)
|
($1.1m)
|
|
Operating Expenses
|
|
$12.3m
|
$18.2m
|
$41.7m
|
$37.6m
|
$31.1m
|
$47.6m
|
$32.7m
|
$43.1m
|
$41.8m
|
$42.3m
|
|
Financing Receivable, Credit Loss, Expense (Reversal)
|
|
$0
|
$0
|
$42k
|
$0
|
$0
|
—
|
$1k
|
$0
|
$163k
|
($23k)
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$26.7m
|
$15.6m
|
$50.9m
|
$44.6m
|
$25.5m
|
$32.4m
|
$5.4m
|
$31.0m
|
$17.9m
|
$44.1m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$2.5m
|
$51.2m
|
$96.1m
|
$25.5m
|
$8.6m
|
$11.2m
|
$12.7m
|
$23.0m
|
$7.0m
|
$11.6m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
—
|
—
|
$29.9m
|
$0
|
$0
|
—
|
$6.5m
|
$0
|
$0
|
—
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($2.5m)
|
($51.1m)
|
($126.0m)
|
($25.4m)
|
($8.6m)
|
($11.1m)
|
($18.2m)
|
($22.9m)
|
($6.9m)
|
($10.9m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments for Repurchase of Common Stock
|
|
$416k
|
$127k
|
$2.2m
|
$140k
|
$1.2m
|
$402k
|
$540k
|
$4.8m
|
$422k
|
$628k
|
|
Dividends paid
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$3.9m
|
$5.9m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
$19.4m
|
$23.2m
|
$41.3m
|
($18.0m)
|
($7.9m)
|
($7.4m)
|
($7.3m)
|
($7.5m)
|
($15.5m)
|
($12.3m)
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
$0
|
—
|
—
|
—
|
$0
|
—
|
—
|
—
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
$43.6m
|
($12.3m)
|
($33.8m)
|
$1.2m
|
$9.1m
|
$13.9m
|
($20.1m)
|
$562k
|
($4.5m)
|
$21.0m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
$35.2m
|
$1.5m
|
$2.6m
|
$11.7m
|
$25.6m
|
$5.5m
|
$6.1m
|
$1.6m
|
$22.6m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
—
|
—
|
$1.7m
|
$2.8m
|
$1.8m
|
$1.5m
|
$1.2m
|
$1.1m
|
$1.4m
|
$1.6m
|
|
Income Taxes Paid, Net
|
|
$933k
|
$7.7m
|
$666k
|
$207k
|
$635k
|
$209k
|
$187k
|
$211k
|
($78k)
|
($310k)
|