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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Cash flows from operating activities:              
Net income $ 47,527 $ 34,366 $ 47,224 $ 47,336 $ 81,893 $ 94,560  
Adjustments to reconcile net income to cash flows provided by operating activities:              
Depreciation and amortization         37,115 32,476  
Stock-based compensation expense         7,848 9,762  
Other non-cash items         705 (927)  
Changes in assets and liabilities, net of acquisitions of businesses:              
Accounts receivable, net         (22,345) (52,236)  
Inventories, net         39,944 (14,556)  
Prepaid expenses and other assets         11,444 (5,743)  
Accounts payable, trade         11,567 5,412  
Accrued expenses and other liabilities         11,944 10,181  
Net cash flows provided by operating activities         180,115 78,929  
Cash flows from investing activities:              
Capital expenditures         (35,786) (54,539)  
Acquisitions of businesses, net of cash acquired         (8,530) (153,415)  
Proceeds from note receivable         0 2,000  
Other investing activities         251 (1,016)  
Net cash flows used in investing activities         (44,065) (206,970)  
Cash flows from financing activities:              
Exercise of stock-based awards, net of shares tendered for payment of taxes         (7,144) (14,114)  
Proceeds from line of credit borrowings         305,288 631,148  
Repayments under line of credit borrowings         (354,981) (469,148)  
Proceeds from other borrowings         0 4,509  
Payment of dividends         (31,266) (28,985)  
Payment of contingent consideration related to acquisitions         (4) (3,011)  
Other financing activities         (393) (556)  
Net cash flows provided by (used in) financing activities         (88,500) 119,843  
Effect of exchange rate changes on cash, cash equivalents, and restricted cash         (1,818) 0  
Net decrease in cash and cash equivalents         45,732 (8,198)  
Cash, cash equivalents, and restricted cash at beginning of period   $ 14,928   $ 26,049 14,928 26,049 $ 26,049
Cash, cash equivalents, and restricted cash at end of period $ 60,660   $ 17,851   60,660 17,851 $ 14,928
Supplemental disclosure of cash flow information:              
Cash paid during the period for interest         3,948 2,582  
Cash paid during the period for income taxes, net of refunds         13,890 24,907  
Purchase of property and equipment in accrued expenses         $ 298 $ 664