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Consolidated Statements of Cash Flows (Unaudited)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
USD ($)
Sep. 30, 2013
USD ($)
Sep. 30, 2014
Brinderson LP [Member]
USD ($)
Sep. 30, 2013
Brinderson LP [Member]
USD ($)
Proceeds from long-term debt $ 0 $ 385,500    
Cash flows from operating activities:        
Net income 609 30,821    
Loss from discontinued operations 626 6,456    
Income from continuing operations 1,235 37,277    
Adjustments to reconcile to net cash provided by operating activities:        
Depreciation and amortization 32,984 29,126    
Gain on sale of fixed assets (65) (815)    
Equity-based compensation expense 4,201 5,090    
Deferred income taxes (3,797) (1,523)    
Equity in earnings of affiliated companies (677) (3,903)    
Non-cash restructuring charges 17,187 0    
Fixed asset impairment 11,870 0    
Definite-lived intangible asset impairment 10,896 0    
Gain on sale of interests in German joint venture 0 (11,771)    
Loss on sale of interests in Bayou Coating, L.L.C. 472 0    
Loss on foreign currency transactions 149 1,700    
Other 881 (159)    
Changes in operating assets and liabilities (net of acquisitions):        
Restricted cash (142) (142)    
Return on equity of affiliated companies 684 4,027    
Receivables net, retainage and costs and estimated earnings in excess of billings (83,383) (11,144)    
Inventories (4,732) (3,416)    
Prepaid expenses and other assets (5,009) (5,044)    
Accounts payable and accrued expenses 25,511 2,932    
Other operating 430 198    
Net cash provided by operating activities of continuing operations 8,695 41,553    
Net cash used in operating activities of discontinued operations (90) (10,179)    
Net cash provided by operating activities 8,605 31,374    
Cash flows from investing activities:        
Capital expenditures (25,118) (20,079)    
Proceeds from sale of fixed assets 1,140 1,856    
Patent expenditures (1,988) (469)    
Proceeds from sale of interests in Bayou Coating, L.L.C. 9,065 0    
Total consideration recorded 0 18,300 (147,605)  
Purchase of Brinderson, net of cash acquired     0 143,763
Net cash used in investing activities of continuing operations (16,901) (144,155)    
Net cash provided by investing activities of discontinued operations 90 774    
Net cash used in investing activities (16,811) (143,381)    
Cash flows from financing activities:        
Proceeds from issuance of common stock upon stock option exercises, including tax effects 8,615 903    
Repurchase of common stock (31,051) (19,017)    
Purchase of non-controlling interest (617) 0    
Business Combination, Contingent Consideration, Amounts Paid 0 2,112    
Payments of Financing Costs 0 5,013    
Proceeds on notes payable 1,284 1,541    
Principal payments on long-term debt (15,477) (249,125)    
Net cash provided by (used in) financing activities (27,246) 112,677    
Effect of exchange rate changes on cash (6,652) (7,659)    
Net decrease in cash and cash equivalents for the period (42,104) (6,989)    
Cash and cash equivalents, beginning of period 158,045 133,676    
Cash and cash equivalents, end of period 115,941 126,687    
Debt Issuance Cost $ 0 $ 1,964