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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities:    
Net income (loss) $ (13,405) $ 7,743
Share-based compensation 7,073 9,351
Depreciation and amortization 35,951 42,244
Loss on disposal of property, plant and equipment 52 674
Bad debt expense 284  
Loss on extinguishment of debt 4,642  
Amortization of bank debt fees 3,428 10,858
Deferred income taxes 4,190 12,198
Changes in operating assets and liabilities, excluding acquired amounts:    
Receivables 26,202 46,034
Other assets (3,296) 19,890
Accounts payable, trade 2,777 (22,113)
Accrued employment costs 30,413 (34,369)
Accrued expenses (5,930) (1,762)
Advance payments and billings in excess of costs incurred (12,372) 3,658
Other liabilities 4,735 (33,870)
Net cash provided by operating activities 84,744 60,536
Investing activities:    
Acquisitions, net of cash acquired   25,478
Capital expenditures (17,942) (12,600)
Net cash (used in) provided by investing activities (17,942) 12,878
Financing activities:    
Gross borrowings from issuance of long-term debt 1,180,000 585,000
Repayment of long-term debt (1,199,018) (376,553)
Gross borrowings from revolving credit facility 73,000 157,000
Repayments of revolving credit facility (73,000) (115,000)
Debt issuance costs (9,988) (42,425)
Equity issuance costs   (2,590)
Proceeds from share-based payment arrangements 214 279
Payment of employee withholding taxes on share-based compensation (1,777) (8,017)
Excess tax deduction on share-based compensation   5,061
Dividends paid (1,703) (204,300)
Distributions to non-controlling interest member (3,865) (3,094)
Net cash used in financing activities (36,137) (4,639)
Net change in cash and cash equivalents 30,665 68,775
Cash and cash equivalents, beginning of period 30,022 7,123
Cash and cash equivalents, end of period $ 60,687 $ 75,898