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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Cash flows from operating activities:              
Net income $ 13,186 $ 28,214 $ 47,527 $ 34,366 $ 41,400 $ 81,893  
Adjustments to reconcile net income to cash flows provided by operating activities:              
Depreciation and amortization         48,799 37,115  
Stock-based compensation expense         7,404 7,848  
Other non-cash items         546 705  
Changes in assets and liabilities, net of acquisitions of businesses:              
Accounts receivable, net         (62,611) (22,345)  
Inventories, net         63,404 39,944  
Prepaid expenses and other assets         (27,679) 11,444  
Accounts payable, trade         20,917 11,567  
Accrued expenses and other liabilities         9,921 11,944  
Net cash flows provided by operating activities         102,101 180,115  
Cash flows from investing activities:              
Capital expenditures         (14,549) (35,786)  
Acquisitions of businesses, net of cash acquired         (94,713) (8,530)  
Other investing activities         4,096 251  
Net cash flows used in investing activities         (105,166) (44,065)  
Cash flows from financing activities:              
Exercise of stock-based awards, net of shares tendered for payment of taxes         (4,616) (7,144)  
Proceeds from line of credit borrowings         276,542 305,288  
Repayments under line of credit borrowings         (197,330) (354,981)  
Repayments under term loan and other borrowings         (9,554) 0  
Payment of dividends         (32,670) (31,266)  
Other financing activities         (279) (397)  
Net cash flows provided by (used in) financing activities         32,093 (88,500)  
Effect of exchange rate changes on cash and cash equivalents         (2,115) (1,818)  
Net decrease in cash and cash equivalents         26,913 45,732  
Cash, cash equivalents, and restricted cash at beginning of period   $ 35,359   $ 14,928 35,359 14,928 $ 14,928
Cash, cash equivalents, and restricted cash at end of period $ 62,272   $ 60,660   62,272 60,660 $ 35,359
Supplemental disclosure of cash flow information:              
Cash paid during the period for interest         9,593 3,948  
Cash paid during the period for income taxes, net of refunds         (611) 13,890  
Purchase of property and equipment in accrued expenses         $ 2,624 $ 298