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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
May 31, 2016
May 31, 2015
May 31, 2014
Operating activities:      
Net loss $ (43,767) $ (60,725) $ (182,257)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 69,487 71,271 71,287
Noncash interest expense 11,541 10,222 8,761
Loss on disposition and retirement of fixed assets 1,027 374 93
Inventory fair value adjustment 2,889
Asset impairment loss 3,318 160,150
Provision for doubtful accounts 572 970 (1,666)
Share-based compensation expense 5,326 2,087 1,512
Deferred income taxes (21,936) 12,127 (21,059)
Change in fair value of contingent consideration (4,638)
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable, trade 5,443 (5,614) 2,154
Income taxes (160) 111 (179)
Inventories (11,967) (3,097) (15,589)
Other assets 1,394 (340) (1,301)
Accounts payable 8,333 (1,375) 1,700
Deferred revenue 130 64 413
Accrued expenses and other liabilities (1,650) (485) 3,331
Cash provided by operating activities 27,091 25,590 25,601
Investing activities:      
Purchases of property and equipment (9,922) (11,393) (9,193)
Proceeds from sale of property and equipment 352
Receipt from acquisition of business related to finalizing certain working capital adjustments 1,151
Other investments (4,850) (5,300)
Acquisitions of businesses, net of cash acquired (13,936) (6,396) (17,151)
Cash used in investing activities (28,356) (23,089) (25,193)
Financing activities:      
Repayments of long-term debt (6,698) (6,653) (6,674)
Dividend payment (350)
Proceeds from revolving facilities 75,000 55,500
Repayments of revolving facilities (75,000) (55,500)
Cash used in financing activities (7,048) (6,653) (6,674)
Effect of exchange rates on cash and cash equivalents 213 (1,106) 499
Decrease in cash and cash equivalents (8,100) (5,258) (5,767)
Cash and cash equivalents at beginning of period 18,363 23,621 29,388
Cash and cash equivalents at end of period 10,263 18,363 23,621
Supplemental information:      
Income taxes paid, net of refunds 4,519 4,571 5,423
Interest paid 78,830 79,218 79,762
Non-cash investing and financing activities:      
Movement from inventory to property and equipment of instruments placed on rental agreements 6,689 8,670 10,383
Fair value of contingent consideration liabilities at the date of acquisition 20,000 6,469 11,300
Non-cash dividend $ 6,000