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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOW FROM OPERATING ACTIVITIES:    
Net income (loss) attributable to DXP Enterprises, Inc. $ 321 $ (35,617)
Less net loss attributable to non-controlling interest (301) (249)
Net income (loss) 20 (35,866)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 9,070 9,008
Amortization of intangible assets 13,557 15,907
Impairment of goodwill and other intangibles 0 58,888
Bad debt expense 1,476 1,302
Amortization of debt issuance costs 673 881
Write off of debt issuance costs 967 0
Compensation expense for restricted stock 1,944 2,304
Tax loss related to vesting of restricted stock 619 33
Deferred income taxes (121) (8,104)
Changes in operating assets and liabilities, net of assets and liabilities acquired in business acquisitions:    
Trade accounts receivable 9,965 48,212
Costs and estimated profits in excess of billings on uncompleted contracts 5,067 (497)
Inventories 5,818 8,558
Prepaid expenses and other assets (608) (1,389)
Trade accounts payable and accrued expenses (8,798) (22,550)
Billings in excess of costs and estimated profits on uncompleted contracts (4,171) (1,884)
Net cash provided by operating activities 35,478 74,803
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (3,843) (11,719)
Proceeds from sale of property and equipment 1,198 0
Acquisitions of businesses, net of cash acquired 0 (15,501)
Equity method investment contribution, net of distributions (3,214) 0
Net cash used in investing activities (5,859) (27,220)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from debt 324,229 310,290
Principal payments on revolving line of credit and other long-term debt (356,497) (343,246)
Proceeds for the issuance of common shares, net of expenses 5,959 0
Debt issuance fees (616) (543)
Contributions from non-controlling interest owners 0 2,494
Loss for non-controlling interest owners, net of tax (186) 0
Dividends paid (68) (68)
Purchase of treasury stock 0 (8,908)
Tax loss related to vesting of restricted stock (619) (33)
Net cash used in financing activities (27,798) (40,014)
EFFECT OF FOREIGN CURRENCY ON CASH (85) 521
NET CHANGE IN CASH AND CASH EQUIVALENTS 1,736 8,090
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,693 47
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 3,429 $ 8,137