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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income/(loss) $ 25,223 $ 1,894
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 23,788 26,270
Bad debt expense/(recovery) 28 (250)
Amortization of debt issuance costs and debt discount 1,207 1,106
Loss on disposal of property, plant and equipment 41 0
Losses from equity method investment 435 252
Share based compensation 1,152 407
Deferred taxes 268 457
Change in assets and liabilities:    
Receivables (1,973) (1,890)
Inventories 1,053 (1,505)
Prepaid expenses and other current assets (534) 222
Accounts payable (620) (1,302)
Accrued and other current liabilities (152) (3,120)
Other long term liabilities (413) (93)
Net cash provided by operating activities 49,503 22,448
Cash flows from investing activities:    
Capital expenditures (1,765) (1,733)
Software purchased or developed (356) (554)
Capital contributions to equity method investment (226) 0
Distributions from equity method investment 356 583
Net cash used in investing activities (1,991) (1,704)
Cash flows from financing activities:    
Capital contribution from Lone Star Funds 0 19,893
Proceeds from exercise of stock options 20 0
Principal payments for First Lien Credit Agreement (25,000) (20,000)
Payments to repurchase common stock (22,010) (20,036)
Net cash used in financing activities (46,990) (20,143)
Effect of foreign exchange rates on cash and cash equivalents 475 (389)
Net change in cash and cash equivalents 997 212
Cash, beginning of period 14,729 15,627
Cash, end of period $ 15,726 $ 15,839