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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities      
Net income (loss) $ 30,880 $ (4,831) $ 94,032
Adjustments to reconcile net income (loss) to net cash provided by operating activities      
Depreciation expense 47,959 20,963 15,457
Amortization of intangible assets 20,721 3,626 0
Amortization of debt issuance costs 3,114 2,525 2,277
Amortization of original issue discount 174 244 257
Amortization of inventory step-up charges 2,884 10,285 0
Amortization of favorable and unfavorable leases (76) 0 0
Deferred income taxes (3,571) (5,892) (70,492)
Non-cash stock compensation expense 7,252 2,749 3,410
Impairment of assets 11,928 0 134
Gain on sale of property, equipment and real estate (1,396) (497) (804)
Gain on insurance proceeds (1,003) 0 0
Loss on debt extinguishment 12,529 0 0
Change in assets and liabilities, net of effects of acquisitions      
Accounts receivable, net of allowances (10,128) (24,061) (6,299)
Inventories, net (31,200) (16,452) (15,927)
Costs in excess of billings on uncompleted contracts (3,845) (4,026) 276
Current income taxes receivable/payable 9,627 (8,176) 0
Other current assets (12,208) (1,202) (9,163)
Other long-term assets (126) 1,240 (1,688)
Accounts payable 28,592 873 9,666
Accrued expenses and other liabilities (5,859) 4,377 1,633
Billings in excess of costs on uncompleted contracts (197) 8,360 1,776
Insurance reserves (16) 7,973 6,165
Other long-term liabilities 853 2,665 22
Net cash provided by operating activities 106,888 743 30,732
Cash flows from investing activities      
Purchases of property, equipment and real estate (38,067) (31,319) (28,275)
Proceeds from sale of property, equipment and real estate 3,187 3,280 1,919
Insurance proceeds 1,151 0 0
Change in restricted assets 0 36,106 10,326
Cash acquired in the Merger 0 6,342 0
Purchases of businesses, net of cash acquired 0 (149,485) (236)
Other investing activities 0 0 4
Net cash used in investing activities (33,729) (135,076) (16,262)
Cash flows from financing activities      
Proceeds from revolving line of credit 1,544,064 293,183 0
Repayments of proceeds from revolving line of credit (1,696,324) (208,637) 0
Proceeds from issuance of Senior Notes 350,000 0 0
Redemption of Extinguished Senior Notes 250,000 0 0
Borrowings under other notes 0 2,491 9,991
Principal payments on other notes (3,303) (6,081) (5,999)
Secured borrowings 1,427 767 0
Proceeds from issuance of common stock, net of offering costs 13,776 0 0
Proceeds from exercise of stock options 1,301 0 0
Tax benefits related to stock based compensation 0 0 1,014
Purchase of treasury stock (2,023) (1,454) (1,607)
Payments of debt issuance costs (7,011) (3,567) (10)
Payments of debt extinguishment costs (8,438) 0 0
Payments on capital lease obligations (8,800) (4,542) (3,813)
Net cash (used in) provided by financing activities (65,331) 72,160 (424)
Net increase (decrease) in cash and cash equivalents 7,828 (62,173) 14,046
Cash and cash equivalents      
Beginning of period 1,089 63,262 49,216
End of period 8,917 1,089 63,262
Supplemental disclosure of cash flow information      
Interest paid 28,081 23,970 24,351
Cash paid for income taxes, net 8,210 4,310 12,917
Non-cash investing and financing transactions      
Accrued purchases of property and equipment 505 1,968 0
Assets acquired under capital lease obligations 15,089 2,342 3,929
Consideration transferred in connection with the Merger $ 0 $ 453,390 $ 0