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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
OPERATING ACTIVITIES        
Net income/(loss) $ 10,101 $ (2,120) $ 23,417 $ 10,119
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:        
Depreciation 15,142 13,373 28,266 26,897
Amortization 2,817 1,811 4,513 3,641
Change in other noncurrent liabilities (3,371) 8 (6,007) (1,544)
Change in deferred taxes and other liabilities (1,457) (5,928) 1,072 (4,653)
Provision for write-off of property, plant and equipment 484 263 1,076 415
Gain on disposition of assets (1,056)
Excess tax benefit of options exercised (39) (342) (105) (603)
Compensation and benefits paid or payable in Class A Common Stock 668 419 1,532 995
Changes in operating assets and liabilities that provide/(use) cash, net of impact of business acquisition:        
Accounts receivable (10,384) 4,212 (11,286) (9,487)
Inventories (6,027) (4,061) (7,375) (7,131)
Prepaid expenses and other current assets 2,561 1,715 (2,821) (990)
Income taxes prepaid and receivable 3,732 (158) 1,837 (74)
Accounts payable 1,267 (4,853) 2,899 (1,341)
Accrued liabilities 689 (933) (8,154) (2,520)
Income taxes payable 2,903 475 (933) 77
Other, net (477) 7,062 (5,278) 4,607
Net cash provided by operating activities 18,609 10,943 22,653 17,352
INVESTING ACTIVITIES        
Purchase of business, net of cash acquired (187,000) (187,000)
Purchases of property, plant and equipment (20,112) (18,455) (28,105) (30,666)
Purchased software (589) (304) (671) (337)
Proceeds from sale or involuntary conversion of assets 1,736 1,736 2,797
Net cash used in investing activities (205,965) (18,759) (214,040) (28,206)
FINANCING ACTIVITIES        
Proceeds from borrowings 207,134 24,346 219,530 39,620
Principal payments on debt (426) (4,303) (22,824) (9,746)
Debt acquisition costs (1,571) (1,630) (1,771) (1,630)
Swap termination payment (5,175)   (5,175)  
Proceeds from options exercised 185 1,039 390 1,724
Excess tax benefit of options exercised 39 342 105 603
Dividends paid (5,454) (5,107) (10,897) (10,205)
Net cash provided by financing activities 194,732 14,687 179,358 20,366
Effect of exchange rate changes on cash and cash equivalents (966) 4,765 2,941 (6,840)
Increase/(decrease) in cash and cash equivalents 6,410 11,636 (9,088) 2,672
Cash and cash equivalents at beginning of period 169,615 170,838 185,113 179,802
Cash and cash equivalents at end of period $ 176,025 $ 182,474 $ 176,025 $ 182,474