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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 54,105 $ 35,612
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 32,966 35,817
Amortization of debt issuance costs and debt discount 931 885
Losses from equity method investment 1,148 29
Amortization of deferred gain on terminated swaps (632) 0
Loss on debt extinguishment 0 686
Share-based compensation 2,459 2,101
Deferred taxes (457) 92
Change in assets and liabilities:    
Trade receivables (914) 1,420
Inventories (7,627) (872)
Prepaid expenses and other current assets 1,264 (350)
Accounts payable (52) (87)
Accrued and other current liabilities 1,089 4
Other long-term liabilities (226) (245)
Net cash provided by operating activities 84,054 75,092
Cash flows from investing activities:    
Capital expenditures (19,761) (14,077)
Software purchased or developed (1,359) (183)
Proceeds from the sale of property, plant and equipment 125 0
Capital contributions to equity method investment (548) (1,929)
Distributions from equity method investment 468 641
Net cash used in investing activities (21,075) (15,548)
Cash flows from financing activities:    
Proceeds from exercise of stock options 145 230
Tax withholdings on share-based compensation (547) (240)
Proceeds from debt refinancing 0 273,625
Disbursements for debt refinancing 0 (273,625)
Payments of financing costs 0 (649)
Principal payments for debt (2,037) (2,052)
Payments to repurchase common stock (27,425) (49,128)
Net cash used in financing activities (29,864) (51,839)
Effect of foreign exchange rates on cash and cash equivalents (184) 707
Net change in cash and cash equivalents 32,931 8,412
Cash, beginning of period 72,521 51,536
Cash, end of period $ 105,452 $ 59,948