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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Aug. 14, 2013
Jun. 30, 2014
Jun. 30, 2016
Jun. 30, 2015
Operating Activities        
Net income (loss)   $ (51,648) $ 1,327 $ 7,026
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:        
Depreciation expense   41,831 73,683 78,035
Amortization expense   31,375 55,317 53,668
Amortization of deferred financing fees   2,661 4,061 4,453
Debt extinguishment charges     3,967 1,019
Deferred income taxes   (24,648) (460) (9,477)
Stock compensation   1,063 26,054 5,159
Equity in earnings of unconsolidated subsidiary   (225)   (138)
Unrealized foreign currency loss (gain)   (381) 3,060 (11,355)
Impairment charges   1,006 2,026  
Other   2,445 3,105 4,077
Change in assets and liabilities:        
Accounts receivable   9,427 (1,537) 13,615
Inventories   7,509 (4,093) 3,021
Prepaid expenses and other current assets   2,390 (3,538) 1,137
Other assets   (2,446) (11,035) (10,246)
Accounts payable   21,110 1,347 (17,775)
Payroll and benefits   (8,003) (13,030) 3,530
Other current liabilities   (16,556) (5,997) (4,239)
Income taxes payable   (2,248) 1,157 2,653
Other long-term liabilities   5,043 (2,742) (15,684)
Net cash and cash equivalents provided by operating activities   19,930 132,672 108,617
Investing Activities        
Additions to property, plant and equipment   (39,888) (58,954) (59,535)
Additions to intangible assets   (209) (297) (207)
Proceeds from sale of assets   2,226 4,226 6,907
Acquisitions of businesses, net of cash acquired   (116,337) (10,685) (137,269)
Net cash and cash equivalents used in investing activities   (154,208) (65,710) (190,104)
Financing Activities        
Proceeds from initial public offering     186,424  
Payments of offering costs     (7,024)  
Proceeds from issuance of long-term debt   172,137   133,650
Proceeds from short-term borrowings   66,369 47,628 171,456
Payments on short-term borrowings   (80,494) (51,107) (174,442)
Payments on long-term debt   (6,555) (255,201) (15,816)
Deferred financing costs   (6,974)   (5,020)
Issuance of common stock   585    
Net cash and cash equivalents (used in) provided by financing activities   145,068 (79,280) 109,828
Effect of exchange rate changes on cash and cash equivalents   97 1,412 (199)
(Decrease) increase in cash and cash equivalents   10,887 (10,906) 28,142
Cash and cash equivalents-beginning     55,675 27,533
Cash and cash equivalents-ending   27,533 $ 44,769 $ 55,675
Predecessor        
Operating Activities        
Net income (loss) $ (23,685)      
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:        
Depreciation expense 2,824      
Amortization expense 948      
Amortization of deferred financing fees 285      
Debt extinguishment charges 11,642      
Deferred income taxes (15,377)      
Stock compensation 109      
Equity in earnings of unconsolidated subsidiary (23)      
Other 4,115      
Change in assets and liabilities:        
Accounts receivable (12,810)      
Inventories (1,985)      
Prepaid expenses and other current assets 516      
Other assets (129)      
Accounts payable 8,534      
Payroll and benefits 1,749      
Other current liabilities 26,209      
Income taxes payable (217)      
Other long-term liabilities (3,692)      
Net cash and cash equivalents provided by operating activities (964)      
Investing Activities        
Additions to property, plant and equipment (2,741)      
Additions to intangible assets (21)      
Net cash and cash equivalents used in investing activities (2,762)      
Financing Activities        
Payments on short-term borrowings (295)      
Payments on long-term debt (499)      
Net cash and cash equivalents (used in) provided by financing activities (794)      
Effect of exchange rate changes on cash and cash equivalents 50      
(Decrease) increase in cash and cash equivalents (4,470)      
Cash and cash equivalents-beginning 27,123 $ 22,653    
Cash and cash equivalents-ending $ 22,653