XML 18 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 62,951 $ 51,158
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, accretion, and amortization of intangible assets 97,214 93,182
Amortization of deferred financing costs and note discount 8,636 8,455
Stock-based compensation expense 15,780 14,263
Deferred income taxes 15,731 2,233
Gain on disposal of assets (475) (12,425)
Other reserves and non-cash items 686 2,680
Changes in assets and liabilities:    
Increase in accounts and notes receivable, net (4,122) (1,621)
Increase in prepaid expenses, deferred costs, and other current assets (7,142) (4,373)
Increase in inventory, net (360) (4,915)
Increase in other assets (6,585) (6,832)
Increase (decrease) in accounts payable 5,126 (8,402)
Increase in accrued liabilities 24,151 10,832
Increase in other liabilities 2,340 2,877
Net cash provided by operating activities 213,931 147,112
Cash flows from investing activities:    
Additions to property and equipment (76,050) (103,877)
Acquisitions, net of cash acquired (19,701) (103,874)
Proceeds from sale of assets and businesses 9,348 36,661
Net cash used in investing activities (86,403) (171,090)
Cash flows from financing activities:    
Proceeds from borrowings under revolving credit facility 221,268 340,250
Repayments of borrowings under revolving credit facility (311,361) (324,216)
Proceeds from exercises of stock options 579 586
Additional tax benefit related to stock-based compensation 338 1,287
Repurchase of capital stock (3,959) (4,610)
Net cash (used in) provided by financing activities (93,135) 13,297
Effect of exchange rate changes on cash (1,169) (2,711)
Net decrease in cash and cash equivalents 33,224 (13,392)
Cash and cash equivalents as of beginning of period 26,297 31,875
Cash and cash equivalents as of end of period 59,521 18,483
Supplemental disclosure of cash flow information:    
Cash paid for interest 13,832 17,345
Cash paid for income taxes $ 9,499 $ 19,411