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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 18,159 $ 4,347
Less: loss on sale of discontinued operations (1,390) 0
Less: net income from discontinued operations 0 5,138
Net income (loss) from continuing operations 19,549 (791)
Adjustments to reconcile net income (loss) to net cash provided by operating activities from continuing operations:    
Depreciation 17,558 15,627
Amortization of intangible assets 23,135 21,521
Amortization of debt issuance costs and debt discount 992 5,338
Inventory fair value purchase accounting adjustment 234 407
Provision for doubtful accounts 1,525 1,278
Stock-based compensation 1,939 878
Unrealized gain on derivative instruments, net 0 (134)
(Gain) loss on disposal of property and equipment (67) 275
Right-of-use assets non-cash expense 13,601 0
Deferred income taxes 271 (421)
Change in assets and liabilities, net of effects of acquisitions:    
Accounts receivable (43,441) (53,444)
Other receivables 13,581 10,052
Inventories (1,291) (22,209)
Prepaid expenses and other current assets (3,123) (1,019)
Other assets (121) 977
Accounts payable 23,429 15,061
Accrued payroll and employee benefits (3,057) 5,136
Accrued taxes (2,291) 3,216
Other liabilities (9,219) (1,049)
Net cash provided by operating activities from continuing operations 53,204 699
Cash flows from investing activities from continuing operations:    
Purchases of property and equipment (15,052) (19,762)
Proceeds from termination of net investment hedge 3,313 0
Proceeds from net working capital adjustments related to acquisitions 470 296
Proceeds from the disposal of fixed assets 2,376 577
Acquisitions, net of cash acquired (21,923) (21,220)
Net cash used in investing activities from continuing operations (30,816) (40,109)
Cash flows from financing activities from continuing operations:    
Proceeds from asset-based revolving credit facility 281,620 266,198
Repayments of asset-based revolving credit facility (291,371) (219,350)
Principal payments for term loan (2,250) 0
Payment related to tax receivable agreement (16,667) 0
Tax withholding payment related to net settlement of equity awards (138) (45)
Principal repayment of finance lease obligations (1,319) (1,358)
Net cash (used in) provided by financing activities from continuing operations (30,125) 45,445
Net cash used in operating activities from discontinued operations 0 (10,038)
Net cash used in investing activities from discontinued operations (1,390) (701)
Net cash used in financing activities of discontinued operations 0 (131)
Net cash used in discontinued operations (1,390) (10,870)
Effect of exchange rate changes on cash 282 (183)
Net decrease in cash (8,845) (5,018)
Cash and cash equivalents at beginning of period 15,299 12,101
Cash and cash equivalents at end of period 6,454 7,083
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 5,091 1,423
Cash paid for interest 16,477 25,201
Supplemental disclosures of non-cash investing and financing activities:    
Change in fair value of derivatives, net of tax 6,012 2,259
Goodwill adjustment for purchase price allocation $ 57 $ 138