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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Cash flows from operating activities:      
Net income $ 76,850 $ 27,725 $ 37,151
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 57,614 61,433 58,408
Amortization of intangible assets 8,689 6,597 6,793
Goodwill and intangible asset impairment 477 2,716 401
Stock-based compensation expense 1,126 1,627 1,050
Gain on short-term investments (5,817)    
Gain on sale of property and equipment (4,434) (4,677) (2,116)
Net deferred tax liabilities (assets) 3,741 10,905 (7,004)
Other non-cash items 203 174 165
Changes in assets and liabilities:      
Customer retention deposits (519) 2,117 (2,117)
Accounts receivable 40,546 (65,806) 19,528
Costs and estimated earnings in excess of billings (20,894) (22,163) (47,499)
Other current assets 16,976 17,491 4,784
Other long-term assets 28 (1,792) 189
Accounts payable (30,547) 42,934 (5,086)
Billings in excess of costs and estimated earnings 45,981 (27,519) (19,619)
Contingent earnout liabilities (484)   (6,722)
Accrued expenses and other current liabilities (972) 14,492 11,729
Other long-term liabilities 378 (3,677) (1,658)
Net cash provided by operating activities 188,942 62,577 48,377
Cash flows from investing activities:      
Purchase of property and equipment (79,782) (58,027) (67,097)
Proceeds from sale of property and equipment 8,736 9,603 9,889
Purchase of short-term investments (13,588)    
Sale of short-term investments 19,405   30,992
Cash paid for acquisitions (66,205) (10,997) (22,302)
Net cash used in investing activities (131,434) (59,421) (48,518)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 55,000 45,000 75,278
Repayment of capital leases (322) (793) (1,336)
Repayment of long-term debt (61,816) (57,719) (43,927)
Payment of debt issuance costs for amended and restated credit agreement (631)    
Proceeds from issuance of common stock purchased under a long-term incentive plan 1,148 1,440 1,621
Cash distribution to non-controlling interest holder     (29)
Repurchase of common stock (4,999) (4,999)  
Dividends paid (11,326) (11,384) (9,809)
Net cash (used in) provided by financing activities (22,946) (28,455) 21,798
Net change in cash and cash equivalents 34,562 (25,299) 21,657
Cash and cash equivalents at beginning of the period 135,823 161,122 139,465
Cash and cash equivalents at end of the period 170,385 135,823 161,122
Cash paid:      
Interest 7,965 8,819 7,688
Income taxes, net of refunds received 25,984 8,624 18,696
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES      
Obligations incurred for the acquisition of property 4,163   25
Dividends declared and not yet paid $ 3,087 $ 2,839 $ 2,842